Clayton Williams Energy (CWEI) Misses Q3 EPS by 9c

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Clayton Williams Energy Announces Third Quarter 2016 Financial Results

November 2, 2016 8:05 PM EDT

MIDLAND, Texas--(BUSINESS WIRE)-- Clayton Williams Energy, Inc. (the Company) (NYSE: CWEI) today reported its financial results for the third quarter of 2016.

Summary

Oil and Gas Production of 14 MBOE/d Cash Flow from Operations of $24.1 million; EBITDAX2 (non-GAAP) of $18.4 million Liquidity of $321.1 million, including cash and short-term investments Sold Glasscock County, Texas assets for $19.4 million Announced sale of Giddings Area assets for $400 million... More