The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) is a huge mover today! About 300,775 shares traded hands. Clayton Williams Energy, Inc. (NYSE:CWEI) has risen 403.32% since April 27, 2016 and is uptrending. It has outperformed by 398.09% the S&P500.
The move comes after 8 months positive chart setup for the $1.92 billion company. It was reported on Nov, 30 by Barchart.com. We have $117.01 PT which if reached, will make NYSE:CWEI worth $57.60M more.
Analysts await Clayton Williams Energy, Inc. (NYSE:CWEI) to report earnings on March, 8. They expect $-1.67 EPS, up 8.24% or $0.15 from last year’s $-1.82 per share. After $-10.62 actual EPS reported by Clayton Williams Energy, Inc. for the previous quarter, Wall Street now forecasts -84.27% EPS growth.
Clayton Williams Energy, Inc. (NYSE:CWEI) Ratings Coverage
Out of 6 analysts covering Clayton Williams (NYSE:CWEI), 1 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 17% are positive. Clayton Williams has been the topic of 18 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The rating was maintained by Roth Capital with “Sell” on Tuesday, August 2. Cowen & Co downgraded the shares of CWEI in a report on Friday, March 11 to “Underperform” rating. Wunderlich downgraded the shares of CWEI in a report on Thursday, March 10 to “Sell” rating. The firm has “Underperform” rating by Raymond James given on Wednesday, January 20. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) has “Hold” rating given on Monday, November 7 by Wunderlich. The stock has “Sell” rating given by Roth Capital on Monday, November 16. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) has “Outperform” rating given on Thursday, August 4 by Northland Capital. On Monday, September 19 the stock rating was maintained by Wunderlich with “Hold”. The stock has “Hold” rating given by Wunderlich on Thursday, August 4. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) earned “Market Perform” rating by Northland Capital on Monday, November 9.
According to Zacks Investment Research, “Clayton Williams Energy is an independent oil and gas company engaged in the exploration for and development and production of oil and natural gas primarily in Texas, Louisiana and New Mexico. A significant portion of the company’s proved oil and gas reserves are concentrated in the Cretaceous Trend, which extends from south Texas through east Texas, Louisiana and other southern states and includes the Austin Chalk, Buda, and Georgetown formations.”
Insitutional Activity: The institutional sentiment decreased to 1.56 in Q2 2016. Its down 0.11, from 1.67 in 2016Q1. The ratio dived, as 11 funds sold all Clayton Williams Energy, Inc. shares owned while 13 reduced positions. 14 funds bought stakes while 26 increased positions. They now own 6.93 million shares or 21.45% more from 5.71 million shares in 2016Q1.
Ameriprise Fin Incorporated reported 50,584 shares or 0% of all its holdings. Wells Fargo Communications Mn holds 11,736 shares or 0% of its portfolio. The New York-based Bnp Paribas Arbitrage has invested 0% in Clayton Williams Energy, Inc. (NYSE:CWEI). Schwab Charles Invest Mngmt Inc last reported 0% of its portfolio in the stock. State Street Corporation holds 97,251 shares or 0% of its portfolio. Credit Suisse Ag owns 24,781 shares or 0% of their US portfolio. Bank Of Ny Mellon Corp last reported 0% of its portfolio in the stock. Moreover, Pnc Financial Ser Grp has 0% invested in Clayton Williams Energy, Inc. (NYSE:CWEI) for 1,037 shares. Blackrock Invest Management Ltd Liability last reported 0% of its portfolio in the stock. Moreover, Teachers Advsr has 0% invested in Clayton Williams Energy, Inc. (NYSE:CWEI) for 9,734 shares. Wfg Limited Partnership reported 2,561 shares or 0.02% of all its holdings. New York State Common Retirement Fund, a New York-based fund reported 6,300 shares. Nationwide Fund Advisors has 0% invested in the company for 6,750 shares. Manufacturers Life The owns 4,511 shares or 0% of their US portfolio. Penn Cap has 0.01% invested in the company for 7,828 shares.
Insider Transactions: Since June 1, 2016, the stock had 1 buy, and 6 selling transactions for $148.35 million net activity. FORD DAVIS L sold 1,000 shares worth $79,420. ARES MANAGEMENT LLC had bought 158,237 shares worth $3.99 million. $338,414 worth of Clayton Williams Energy, Inc. (NYSE:CWEI) was sold by POLLARD MICHAEL L. On Monday, October 10 LYON ROBERT C sold $452,050 worth of the stock or 5,000 shares.
More important recent Clayton Williams Energy, Inc. (NYSE:CWEI) news were published by: Fool.com which released: “Clayton Williams Energy Inc. Rockets Higher on Asset Sale News” on October 25, 2016, also Prnewswire.com published article titled: “Technical Roundup on Oil & Gas Stocks — Harvest Natural Resources, Clayton …”, Businesswire.com published: “Clayton Williams Energy, Inc. Announces Expiration and Final Results of Tender …” on August 30, 2016. More interesting news about Clayton Williams Energy, Inc. (NYSE:CWEI) was released by: Businesswire.com and their article: “Clayton Williams Energy, Inc. Announces Early Results of Tender Offer for Its …” with publication date: August 11, 2016.
CWEI Company Profile
Clayton Williams Energy, Inc., incorporated on October 27, 1991, is an gas and oil firm engaged in the exploration for and production of oil and natural gas. The Firm operates in Texas, Louisiana and New Mexico. The Company’s divisions include gas and oil exploration and production, and contract drilling services. It has holdings in approximately two oil shale plays in the United States, which include Wolfcamp Shale in the Southern Delaware Basin of West Texas and the Eagle Ford Shale in the Giddings Area of East Central Texas. The Firm is also engaged in finding reserves through exploratory drilling. The Company’s exploration program consists of generating exploratory prospects, leasing the acreage related to these prospects, drilling exploratory wells on these prospects to determine if recoverable gas and oil reserves exist, drilling developmental wells on these prospects and producing and selling any resulting gas and oil production.
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