Clayton Williams Energy Inc. (NYSE:CWEI) VP Robert C. Lyon sold 5,000 shares of the stock in a transaction that occurred on Monday, October 10th. The stock was sold at an average price of $90.41, for a total value of $452,050.00. Following the completion of the transaction, the vice president now owns 17,044 shares in the company, valued at approximately $1,540,948.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Clayton Williams Energy Inc. (NYSE:CWEI) traded up 2.44% during midday trading on Wednesday, hitting $89.52. The stock had a trading volume of 262,153 shares. Clayton Williams Energy Inc. has a 1-year low of $6.35 and a 1-year high of $91.63. The firm’s market capitalization is $1.09 billion. The firm has a 50-day moving average price of $76.49 and a 200-day moving average price of $40.01.
Clayton Williams Energy (NYSE:CWEI) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported ($2.82) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($2.40) by $0.42. The company had revenue of $42.20 million for the quarter, compared to analyst estimates of $35.62 million. Clayton Williams Energy had a negative return on equity of 36.30% and a negative net margin of 98.91%. The firm’s revenue for the quarter was down 42.3% compared to the same quarter last year. During the same period last year, the firm earned ($1.05) EPS. On average, equities research analysts anticipate that Clayton Williams Energy Inc. will post ($9.55) earnings per share for the current year.
CWEI has been the topic of a number of research reports. Wunderlich restated a “hold” rating and issued a $61.00 price objective (up previously from $35.00) on shares of Clayton Williams Energy in a report on Monday, September 19th. Raymond James Financial Inc. upgraded Clayton Williams Energy from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 27th. Roth Capital upgraded Clayton Williams Energy from a “sell” rating to a “neutral” rating and set a $49.00 price objective on the stock in a report on Tuesday, August 9th. Northland Securities upgraded Clayton Williams Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, August 4th. Finally, Zacks Investment Research downgraded Clayton Williams Energy from a “hold” rating to a “sell” rating in a report on Thursday, October 6th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.67.
Several hedge funds and other institutional investors have recently bought and sold shares of CWEI. Schwab Charles Investment Management Inc. raised its position in Clayton Williams Energy by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 20,224 shares of the company’s stock valued at $556,000 after buying an additional 294 shares during the period. State Street Corp raised its position in Clayton Williams Energy by 1.4% in the first quarter. State Street Corp now owns 104,391 shares of the company’s stock valued at $931,000 after buying an additional 1,413 shares during the period. Teachers Advisors Inc. raised its position in Clayton Williams Energy by 18.5% in the second quarter. Teachers Advisors Inc. now owns 9,734 shares of the company’s stock valued at $267,000 after buying an additional 1,519 shares during the period. Creative Planning bought a new position in Clayton Williams Energy during the third quarter valued at $171,000. Finally, BlackRock Investment Management LLC raised its position in Clayton Williams Energy by 15.3% in the second quarter. BlackRock Investment Management LLC now owns 25,661 shares of the company’s stock valued at $705,000 after buying an additional 3,400 shares during the period. 57.50% of the stock is currently owned by hedge funds and other institutional investors.
Clayton Williams Energy Company Profile
Clayton Williams Energy, Inc is an oil and gas company engaged in the exploration for and production of oil and natural gas. The Company operates in Texas, Louisiana and New Mexico. Its segments include oil and gas 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.
Receive News & Ratings for Clayton Williams Energy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Clayton Williams Energy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.