Clayton Williams Energy Inc. (NYSE:CWEI) CFO Michael L. Pollard sold 2,100 shares of the firm’s stock in a transaction on Monday, October 10th. The stock was sold at an average price of $89.69, for a total value of $188,349.00. Following the sale, the chief financial officer now directly owns 21,100 shares of the company’s stock, valued at $1,892,459. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Shares of Clayton Williams Energy Inc. (NYSE:CWEI) traded up 2.44% during mid-day trading on Wednesday, hitting $89.52. The company had a trading volume of 262,153 shares. The firm’s 50-day moving average price is $76.49 and its 200 day moving average price is $40.01. Clayton Williams Energy Inc. has a one year low of $6.35 and a one year high of $91.63. The company’s market capitalization is $1.09 billion.

Clayton Williams Energy (NYSE:CWEI) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported ($2.82) EPS for the quarter, missing the consensus estimate of ($2.40) by $0.42. Clayton Williams Energy had a negative return on equity of 36.30% and a negative net margin of 98.91%. The business had revenue of $42.20 million for the quarter, compared to the consensus estimate of $35.62 million. During the same period last year, the firm earned ($1.05) earnings per share. The company’s quarterly revenue was down 42.3% compared to the same quarter last year. Analysts predict that Clayton Williams Energy Inc. will post ($9.55) earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Clayton Williams Energy (NYSE:CWEI)

A number of large investors have recently modified their holdings of the company. Encompass Capital Advisors LLC boosted its stake in shares of Clayton Williams Energy by 2.7% in the second quarter. Encompass Capital Advisors LLC now owns 458,545 shares of the company’s stock valued at $12,592,000 after buying an additional 11,945 shares during the period. Adage Capital Partners GP L.L.C. boosted its stake in shares of Clayton Williams Energy by 12.7% in the first quarter. Adage Capital Partners GP L.L.C. now owns 433,858 shares of the company’s stock valued at $3,870,000 after buying an additional 48,982 shares during the period. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Clayton Williams Energy by 15.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 181,953 shares of the company’s stock valued at $4,996,000 after buying an additional 24,131 shares during the period. BlackRock Fund Advisors boosted its stake in shares of Clayton Williams Energy by 12.5% in the second quarter. BlackRock Fund Advisors now owns 154,053 shares of the company’s stock valued at $4,230,000 after buying an additional 17,128 shares during the period. Finally, Bridgeway Capital Management Inc. boosted its stake in shares of Clayton Williams Energy by 9.3% in the second quarter. Bridgeway Capital Management Inc. now owns 134,600 shares of the company’s stock valued at $3,696,000 after buying an additional 11,500 shares during the period. 57.50% of the stock is currently owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on CWEI. Wunderlich raised Clayton Williams Energy from a “sell” rating to a “hold” rating and raised their price objective for the stock from $15.00 to $35.00 in a research note on Thursday, August 4th. Roth Capital restated a “sell” rating on shares of Clayton Williams Energy in a report on Tuesday, July 12th. Northland Securities upgraded Clayton Williams Energy from a “market perform” rating to an “outperform” rating in a report on Thursday, August 4th. Raymond James Financial Inc. upgraded Clayton Williams Energy from an “underperform” rating to a “market perform” rating in a report on Wednesday, July 27th. Finally, Zacks Investment Research lowered Clayton Williams Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 5th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Clayton Williams Energy presently has a consensus rating of “Hold” and an average price target of $24.67.

About Clayton Williams Energy

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.

5 Day Chart for NYSE:CWEI

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