Clayton Williams Energy (CWEI) : D L Carlson Investment Group Inc added new position in Clayton Williams Energy during the most recent quarter end. The investment management firm now holds 67,940 shares of Clayton Williams Energy which is valued at $3,791,052 , the company said in a statement filed on Aug 10, 2016 with the SEC.Clayton Williams Energy makes up approximately 1.30% of D L Carlson Investment Group Inc’s portfolio.
Other Hedge Funds, Including , Blackrock Advisors boosted its stake in CWEI in the latest quarter, The investment management firm added 91 additional shares and now holds a total of 2,825 shares of Clayton Williams Energy which is valued at $157,635. Swiss National Bank sold out all of its stake in CWEI during the most recent quarter. The investment firm sold 10,850 shares of CWEI which is valued $431,071.California Public Employees Retirement System boosted its stake in CWEI in the latest quarter, The investment management firm added 8,500 additional shares and now holds a total of 52,800 shares of Clayton Williams Energy which is valued at $2,097,744. Quantbot Technologies Lp sold out all of its stake in CWEI during the most recent quarter. The investment firm sold 3,833 shares of CWEI which is valued $152,285.California State Teachers Retirement System reduced its stake in CWEI by selling 100 shares or 0.79% in the most recent quarter. The Hedge Fund company now holds 12,524 shares of CWEI which is valued at $497,579.
Clayton Williams Energy opened for trading at $62.69 and hit $65.45 on the upside on Friday, eventually ending the session at $64.31, with a gain of 2.55% or 1.6 points. The heightened volatility saw the trading volume jump to 4,95,743 shares. Company has a market cap of $783 M.
On the company’s financial health, Clayton Williams Energy reported $-6.06 EPS for the quarter, missing the analyst consensus estimate by $ -3.64 based on the information available during the earnings call on Aug 3, 2016. Analyst had a consensus of $-2.42. The company had revenue of $42.20 million for the quarter, compared to analysts expectations of $35.81 million. The company’s revenue was down -42.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-1.05 EPS.
Many Wall Street Analysts have commented on Clayton Williams Energy. Clayton Williams Energy was Upgraded by ROTH Capital to ” Neutral” on Aug 9, 2016. Clayton Williams Energy was Upgraded by Northland Capital to ” Outperform” on Aug 4, 2016. Company shares were Upgraded by Wunderlich on Aug 4, 2016 to ” Hold”, Firm has raised the Price Target to $ 35 from a previous price target of $15 .
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 3190 gross (1491.9 net) producing oil and gas wells and owned leasehold interests in approximately 680000 gross (373000 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.