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: Christiaan McDonald who wrote (811)	8/8/1997 9:49:00 PM
From: Buzz Mills	of 1017

Thanks for the reminder Christaan-your point is well taken. CWEI derives about 80% of their income from oil so I think I have a tendency to overlook the price of natural gas; it is increasing nicely. I used to post the oil and gas prices daily on this thread along with the closing stock price, Bid and Ask, along with volume. Found it very useful for estimating earnings, etc.. Oil $19.57, -0.55 (CWEI received $21.19 in Q3 1996) Natural Gas, $2.50, +0.06 (CWEI received $2.62 in Q3 1996) CWEI receives a premium for its natural gas due to contained liquids.

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