Wunderlich Securities Upgrades Clayton Williams Energy (CWEI) to Buy

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Go back to Wunderlich Securities Upgrades Clayton Williams Energy (CWEI) to Buy

Clayton Williams Energy Announces Third Quarter 2015 Financial Results

November 4, 2015 5:22 PM EST

MIDLAND, Texas--(BUSINESS WIRE)-- Clayton Williams Energy, Inc. (the Company) (NYSE: CWEI) today reported its financial results for the third quarter 2015.

Summary

Oil and gas production of 15.6 MBOE/d Adjusted net loss1 (non-GAAP) of $14.9 million EBITDAX2 (non-GAAP) of $28.7 million Core drilling suspended pending improvement in oil prices Sold South Louisiana assets for $11.8 million in September 2015 Terminated VPP covering... More