Clayton Williams Energy, Inc. (CWEI) Position Increased by Capital Impact Advisors
Capital Impact Advisors increased its position in shares of Clayton Williams Energy, Inc. (NASDAQ:CWEI) by 111.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The hedge fund owned 12,700 shares of the oil and gas exploration company’s stock after buying an additional 6,700 shares during the period. Capital Impact Advisors’ holdings in Clayton Williams Energy were worth $376,000 as of its most recent filing with the SEC.
Clayton Williams Energy, Inc. (NASDAQ:CWEI) traded up 9.12% on Thursday, hitting $16.39. 312,383 shares of the stock traded hands. The stock’s market cap is $199.45 million. Clayton Williams Energy, Inc. has a 12-month low of $11.23 and a 12-month high of $73.15. The stock has a 50-day moving average price of $27.41 and a 200 day moving average price of $44.44.
Clayton Williams Energy (NASDAQ:CWEI) last released its quarterly earnings data on Thursday, November 5th. The oil and gas exploration company reported ($0.77) EPS for the quarter, topping analysts’ consensus estimates of ($1.39) by $0.62. The business had revenue of $54.58 million for the quarter, compared to the consensus estimate of $56.51 million. During the same period in the previous year, the business posted $1.43 earnings per share. Clayton Williams Energy’s revenue was down 54.2% on a year-over-year basis. On average, equities analysts expect that Clayton Williams Energy, Inc. will post ($5.54) EPS for the current fiscal year.
Several research firms have commented on CWEI. Raymond James cut shares of Clayton Williams Energy from a “market perform” rating to an “underperform” rating in a research report on Wednesday, January 20th. Cowen and Company upgraded shares of Clayton Williams Energy from an “underperform” rating to a “market perform” rating in a research report on Monday, January 11th. SunTrust restated a “neutral” rating and issued a $29.75 target price on shares of Clayton Williams Energy in a research report on Thursday, December 24th. Roth Capital restated a “sell” rating and issued a $40.00 target price (up previously from $36.00) on shares of Clayton Williams Energy in a research report on Monday, November 16th. Finally, Northland Securities upped their target price on shares of Clayton Williams Energy from $41.00 to $52.00 and gave the stock a “market perform” rating in a research report on Monday, November 9th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Clayton Williams Energy presently has an average rating of “Hold” and an average target price of $52.25.
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. The Company holds interests in approximately 3,190 gross (NASDAQ:CWEI) producing oil and gas wells and owned leasehold interests in approximately 680,000 gross (373,000 net) undeveloped acres. Its domestic operations consist of conducting its drilling, exploration and production activities in the United States. It focuses on developmental drilling. The Company is also engaged in finding reserves through exploratory drilling. Through its wholly owned subsidiary, Desta Drilling, L.P., the Company operates 14 drilling rigs, two of which it leases under long-term contracts. Its areas of operations include the Permian Basin, Giddings Area and other.
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.






