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: Heretic who wrote (230)	12/26/1996 11:19:00 AM
From: Kendell Phillips	of 1017

RRicker, This is not down to a nat's hair, but 8.3 millon shares outstanding, times the $17.25 a share comes out to about $143 millon market cap. We are very anxious about the 4th quarter earnings. Not only do we expect postive news for the quarter but, the 4th Q96 will b result in cumulative positive earnins for the past 12 months, which will result in CWEI's P/E ratio being posted in all national financial publications. This will identify CWEI to 10000's of investors, and inform them of how undervalued this stock is. The industry average is about P/E of 28. CWEI will have one around 10 when the 4th Q earnings come out.

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