Clayton Williams Energy (CWEI) OIL Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Helms who wrote (576)	4/8/1997 10:31:00 PM
From: Steve Wagner	of 1017

Dave, Zacks uses a formula which includes many elements, though it is weighted heavily on analysts' forecasts for earnings. They keep their formula "secret", but based on what I've seen in the past, it looks like it includes some numbers related to company fundamentals. When CWEI reported earnings last quarter, they had 4 consecutive quarters of earnings which suddenly gave them a P/E ratio instead of the "NM" (along with other ratios like ROE, ROA, etc). My guess is that Zacks went to a "1" because they now have numbers to kick in those parts of the equation. Steve.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next