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 (24)	11/14/1996 9:22:00 AM
From: Buzz Mills	of 1017

Hanifen's fourth quarter earnings estimate for CWEI is 0.42; using that number added to the 0.96 already earned in the first three quarters, CWEI would earn $1.38 for the year. and the P/E would be less than 10 at yesterday's closing price of 13 1/4. Hanifen had CWEI estimated at 0.36 for the third quarter versus 0.45 actual (+25% surprise). The average oil producer sells at 27 X EPS($1.38) = $37. Hanifen's fourth quarter CFPS estimate is $1.17; using that number added to the $3.55 CFPS through the first three quarters, would total $4.72 for the year. The average oil company sells at 7.6 X CFPS ($4.72) = $36. Hanifen's August report had estimated the 1996 CFPS at $4.72 so that number hasn't changed.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next