Clayton Williams Energy Inc /de (CWEI): Davis L Ford , director of Clayton Williams Energy Inc /de sold 1,000 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 21, 2016 to the Securities and Exchange Commission. The shares were sold at $79.42 per share for a total value of $79,420.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 15, 2016, Davis L Ford (director) sold 9,341 shares at $54.29 per share price.On Apr 8, 2016, Robert C Lyon (VP – Gas Gathering/Marketing) purchased 10,000 shares at $9.88 per share price.Also, On Apr 6, 2016, Mel G Riggs (President) purchased 4,000 shares at $9.44 per share price.
Clayton Williams Energy: On Tuesday, Sep 21, 2016 heightened volatility was witnessed in Clayton Williams Energy which led to swings in the share price. The shares opened for trading at $75.14 and hit $81 on the upside , eventually ending the session at $78.4, with a gain of 3.95% or 2.98 points. The heightened volatility saw the trading volume jump to 5,76,779 shares. The 52-week high of the share price is $81 and the company has a market cap of $954 M . The 52-week low of the share price is at $6.35.
Company has been under the radar of several Street Analysts.Clayton Williams Energy is Reiterated by Wunderlich to Hold and the brokerage firm has raised the Price Target to $ 61 from a previous price target of $35 .The Rating was issued on Sep 19, 2016.Clayton Williams Energy is Upgraded by ROTH Capital to Neutral. Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Aug 9, 2016.Clayton Williams Energy is Upgraded by Northland Capital to Outperform. Earlier the firm had a rating of Market Perform on the company shares. The Rating was issued on Aug 4, 2016.Clayton Williams Energy is Upgraded by Wunderlich to Hold and the brokerage firm has raised the Price Target to $ 35 from a previous price target of $15 .Earlier the firm had a rating of Sell on the company shares. The Rating was issued on Aug 4, 2016.Clayton Williams Energy is Upgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Jul 27, 2016.
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.