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 (488)	3/18/1997 4:28:00 PM
From: Buzz Mills	of 1017

CWEI closed @ 13 3/8, -1/8, Bid 13 3/8 X Ask 13 3/4....Vol..27.8K After opening at 14 and trading as high as 14 1/2, CWEI sold off to close down 1/8. Expected a little more today based on the solid earnings release and the fact that oil was up 0.98 today. The volume has increased over the last two days, but it is still quite low compared to what we have seen in the past. Oil $21.90, +0.98 (CWEI received $18.78 in Q1 1996) Natural Gas, $1.90, -0.01 (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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