Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Buzz Mills who wrote (487)	3/17/1997 4:29:00 PM
From: Buzz Mills	of 1017

CWEI closed @ 13 1/2, +1, Bid 13 1/4 X Ask 13 3/4....Vol..15.1K Finally a response in CWEI's stock price in advance of the earnings announcement in the morning; volume was still very low. It will be interesting, to say the least, as to what the stock will do in the morning, and I am sure everyone still in the stock, or following it, is anxious to see how it performs. Shareholders were holding on to their shares today; that accounts for the 1 point rise on such low volume--the fact that CWEI has traversed the 12 1/2 to 14 range so many times recently, may be a plus in the morning. Oil $21.05, -0.24 (CWEI received $18.78 in Q1 1996) Natural Gas, $1.91, -0.05 (CWEI received $2.29 in Q1 1996) CWEI receives a premium for the liquids in its natural gas, on top of the stated priced.

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