Clayton Williams Energy Inc. Reaches New 12-Month High at $82.64 (CWEI)
Clayton Williams Energy (NASDAQ:CWEI) set a new 52-week high on Monday, American Banking & Market News reports. The company traded as high as $82.64 and last traded at $82.14, with a volume of 54,783 shares. The stock had previously closed at $79.69.
A number of research firms have recently commented on CWEI. Analysts at SunTrust raised their price target on shares of Clayton Williams Energy from $58.00 to $83.00 in a research note to investors on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Canaccord Genuity raised their price target on shares of Clayton Williams Energy from $67.00 to $71.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Finally, analysts at Wunderlich raised their price target on shares of Clayton Williams Energy from $83.00 to $100.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $78.50.
Clayton Williams Energy has a 1-year low of $35.30 and a 1-year high of $60.55. The stock has a 50-day moving average of $52.66 and a 200-day moving average of $45.27. The company’s market cap is $1.003 billion.
Clayton Williams Energy (NASDAQ:CWEI) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.90 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.14. The company had revenue of $111.20 million for the quarter, compared to the consensus estimate of $96.26 million. During the same quarter last year, the company posted ($0.59) earnings per share. Clayton Williams Energy’s revenue was up 3.2% compared to the same quarter last year. On average, analysts predict that Clayton Williams Energy will post $-2.03 earnings per share for the current fiscal year.
Clayton Williams Energy, Inc (NASDAQ:CWEI) is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas, Louisiana and New Mexico.
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