The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) is a huge mover today! About 253,962 shares traded hands. Clayton Williams Energy, Inc. (NYSE:CWEI) has risen 520.00% since April 13, 2016 and is uptrending. It has outperformed by 516.07% the S&P500.
The move comes after 8 months positive chart setup for the $2.09 billion company. It was reported on Nov, 15 by Barchart.com. We have $174.14 PT which if reached, will make NYSE:CWEI worth $1.05B more.
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. Northland Capital maintained Clayton Williams Energy, Inc. (NYSE:CWEI) on Monday, November 9 with “Market Perform” rating. The firm has “Hold” rating by Wunderlich given on Thursday, August 4. Raymond James downgraded the shares of CWEI in a report on Wednesday, January 20 to “Underperform” rating. Northland Capital maintained the stock with “Market Perform” rating in Monday, March 14 report. Wunderlich upgraded the shares of CWEI in a report on Friday, November 6 to “Buy” rating. The firm has “Market Perform” rating by Northland Capital given on Thursday, August 6. The firm earned “Sell” rating on Friday, May 6 by Wunderlich. The rating was upgraded by Northland Capital to “Outperform” on Thursday, August 4. The stock of Clayton Williams Energy, Inc. (NYSE:CWEI) has “Neutral” rating given on Tuesday, August 9 by Roth Capital. Wunderlich maintained the shares of CWEI in a report on Monday, November 7 with “Hold” rating.
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 increased to 1.67 in Q2 2016. Its up 0.84, from 0.83 in 2016Q1. The ratio improved, 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.
New Harbor Finance Grp Inc Ltd Company holds 0% or 20 shares in its portfolio. State Street owns 97,251 shares or 0% of their US portfolio. Northern Tru Corporation holds 66,808 shares or 0% of its portfolio. Fir Tree holds 0.53% of its portfolio in Clayton Williams Energy, Inc. (NYSE:CWEI) for 467,095 shares. New York State Common Retirement Fund reported 6,300 shares or 0% of all its holdings. Horizon Kinetics Limited Liability Company, a New York-based fund reported 15,952 shares. Springbok Cap Mngmt Ltd Llc holds 1,220 shares or 0% of its portfolio. Grt Cap Ptnrs Lc accumulated 790,324 shares or 5.39% of the stock. D L Carlson Gp holds 0.67% of its portfolio in Clayton Williams Energy, Inc. (NYSE:CWEI) for 67,940 shares. First In has 0.03% invested in the company for 2,000 shares. Barclays Pcl last reported 0% of its portfolio in the stock. Blackrock Fund has 0% invested in the company for 154,053 shares. Eam Invsts Limited Company holds 0.39% of its portfolio in Clayton Williams Energy, Inc. (NYSE:CWEI) for 93,394 shares. Ares Ltd accumulated 1.04 million shares or 2.3% of the stock. Bankshares Of America De holds 0% of its portfolio in Clayton Williams Energy, Inc. (NYSE:CWEI) for 811 shares.
Insider Transactions: Since May 24, 2016, the stock had 3 insider buys, and 6 selling transactions for $152.46 million net activity. On Tuesday, May 24 the insider ARES MANAGEMENT LLC bought $128,609. On Wednesday, October 12 the insider FORD DAVIS L sold $89,720. $338,414 worth of Clayton Williams Energy, Inc. (NYSE:CWEI) was sold by POLLARD MICHAEL L on Thursday, October 6. On Monday, October 10 the insider LYON ROBERT C sold $452,050.
More notable 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 Businesswire.com with their article: “Clayton Williams Energy Announces Funding of $350 Million Term Loan from Funds …” published on March 15, 2016, Businesswire.com published: “Clayton Williams Energy, Inc. Announces Early Results of Tender Offer for Its …” on August 11, 2016. More interesting news about Clayton Williams Energy, Inc. (NYSE:CWEI) were released by: Businesswire.com and their article: “Clayton Williams Energy, Inc. Announces Cash Tender Offer for up to $100 …” published on July 28, 2016 as well as Businesswire.com‘s news article titled: “Clayton Williams Energy, Inc. Q2 2016 Results Conference Call” with publication date: July 20, 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.