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: Kendell Phillips who wrote (13)	11/8/1996 9:55:00 AM
From: Buzz Mills	of 1017

Kendell, I noticed this morning's edition of IBD still has an estimate of only 0.85 for Clayton Williams expected earnings for the year. CWEI has already earned 0.96 for the first nine months of 1996. IBD also has an estimate of 0.29 for this quarter. If one just added 0.29 to 0.96 that already comes out to $1.25, and makes the P/E=10 at today's stock price. Barring unforeseen circumstances, CWEI's earnings for this quarter are going to be more like 0.56, bringing CWEI in at $1.50, or better, for the year and creating a P/E=8+. According to a knowledgeable source, the average P/E for Oil Explorers and Producers is 27. BTW, IBD use's First Call as its source for these estimates. Could they be ready for an Up(Date)Grade? Buzz

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next