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 (187)	12/18/1996 4:21:00 PM
From: Buzz Mills	of 1017

CWEI closed at 16 3/8, up 3/4, Bid 16 X Ask 16 3/8 Volume 135.3K The volume on CWEI picked up early this morning and then from 1:00PM until almost 3:00PM EST there weren't any trades; oils in general moved up today. Very glad to see the $1.65 estimate printed in the IBD. There seems to be some resistance at this level for CWEI; it will be interesting to see if it breaks up through this level tomorrow, or continues consolidating. Oil after hitting a new contract high of $26.20 per barrel today, settled at $26.16. At 1600 EST Oil is at $26.16, up 0.45 (CWEI rcvd $21.19 in Q3) At 1600 EST Gas is at $4.075, down 0.095 (CWEI rcvd $2.62 in Q3)

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