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: Buzz Mills who wrote (30)	11/18/1996 3:17:00 PM
From: Buzz Mills	of 1017

Narural Gas prices are now at $3.01. CWEI received $2.62 for the gas they sold in the third quarter. Plus, CWEI receives a premium for their gas due to the amount of liquids (condensates) it contains. Another bit of information. Both Zack's and First Call have received their first new estimate on CWEI's earnings for the year: $1.53 There are estimates from at least two more analysts to come in; early info has Hanifen, Imhoff at $1.38, and Rodman, Renshaw are supposed to be out in two weeks. The Investors Business Daily, as of today, still has 0.85. Also, anticipate a major change in the estimates for the quarter; $1.53 indicates a 0.57 earnings estimate for the quarter. Trading on CWEI: Thursday 840,000 Friday 100,000 Today 175,000 with 1/2 hour to go

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