Clayton Williams Energy (CWEI) Misses Q4 EPS Views; Offers FY16 Outlook
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March 9, 2016 9:27 PM EST
MIDLAND, Texas--(BUSINESS WIRE)--
Clayton Williams Energy, Inc. (NYSE: CWEI) today filed a
Form 8-K with the Securities and Exchange Commission to provide
financial guidance disclosures for the year ending December 31, 2016.
A copy of these disclosures accompanies this release or may be obtained
electronically by accessing the Companys website at www.claytonwilliams.com.
Clayton Williams... More
March 9, 2016 9:26 PM EST
MIDLAND, Texas--(BUSINESS WIRE)--
Clayton Williams Energy, Inc. (the Company) (NYSE: CWEI) today
reported its financial results for the quarter and year ended
December 31, 2015.
Highlights
Fiscal 2015 Results
Oil and Gas Production of 15.8 MBOE/d
Adjusted Net Loss1 (non-GAAP) of $70.4
million
EBITDAX2 (non-GAAP) of $112.1 million
Year-End 2015 Reserves
Total Proved Reserves of 46.6 MMBOE
61% of 2015 Production Replaced by Reserve Additions
83% Oil and NGL and 78% Proved Developed
... More
