SI
SI
discoversearch

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 131.900.0%Apr 25 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kendell Phillips who wrote (720)6/13/1997 2:19:00 AM
From: Taylor Mill   of 1017
 
I am really curious who "Dave" is and who is DC express ie source of preceding info. Although I find it quite interesting to review, in my opinion it doesn't provide much insight into what is going on with CWEI an what realistic expectations for the stock might be.

See my prior post ---- CWEI has a reserves and exploration problem. To suggest that 8.5 is an industry CF multiple and valid for application to CWEI is implausible. With approx 1.6 BOE of proven reserves per share and a sorely lacking exploration profile the company would be making great strides to earn a multiple of 5 or 6.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext