Clayton Williams Energy Inc. (NYSE:CWEI) Director Davis L. Ford sold 1,000 shares of Clayton Williams Energy stock in a transaction dated Wednesday, October 12th. The shares were sold at an average price of $89.72, for a total transaction of $89,720.00. Following the sale, the director now owns 1,463 shares in the company, valued at $131,260.36. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Clayton Williams Energy Inc. (NYSE:CWEI) opened at 87.33 on Tuesday. The company has a 50 day moving average of $78.64 and a 200 day moving average of $41.96. The firm’s market capitalization is $1.06 billion. Clayton Williams Energy Inc. has a 1-year low of $6.35 and a 1-year high of $91.96.

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

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

Several large investors have recently added to or reduced their stakes in CWEI. Creative Planning acquired a new stake in Clayton Williams Energy during the third quarter worth approximately $171,000. Woodstock Corp purchased a new stake in shares of Clayton Williams Energy during the third quarter worth about $558,000. Schwab Charles Investment Management Inc. boosted its stake in shares of Clayton Williams Energy by 1.5% in the second quarter. Schwab Charles Investment Management Inc. now owns 20,224 shares of the company’s stock worth $556,000 after buying an additional 294 shares in the last quarter. Pine River Capital Management L.P. purchased a new stake in shares of Clayton Williams Energy during the second quarter worth about $1,975,000. Finally, 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 worth $12,592,000 after buying an additional 11,945 shares in the last quarter. Institutional investors own 57.44% of the company’s stock.

Several brokerages recently issued reports on CWEI. Roth Capital raised shares of Clayton Williams Energy from a “sell” rating to a “neutral” rating and set a $49.00 price target for the company in a report on Tuesday, August 9th. Wunderlich raised shares of Clayton Williams Energy from a “sell” rating to a “hold” rating and boosted their price target for the stock from $15.00 to $35.00 in a research note on Thursday, August 4th. Northland Securities raised shares of Clayton Williams Energy from a “market perform” rating to an “outperform” rating in a research note on Thursday, August 4th. Raymond James Financial Inc. raised shares of Clayton Williams Energy from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 27th. Finally, Zacks Investment Research cut shares of Clayton Williams Energy from a “hold” rating to a “sell” rating in a report on Tuesday, July 5th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Clayton Williams Energy currently has an average rating of “Hold” and a consensus 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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