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 (436)	2/28/1997 8:25:00 PM
From: Buzz Mills	of 1017

CWEI closed @ 13, +1/4, Bid 12 3/4 X Ask 13 1/8....Vol..99.5K After opening at 12 1/2 and plummeting down to 11 3/4 this morning on very low volume, CWEI climbed back to close up on higher than average volume. Oil dropped significantly today, down 0.59. Wonder what next week will bring?? especially with earnings coming out on Thursday. I don't know what, other than hitting the 200 dma, triggered the comeback--CWEI should have been in an oversold condition; was hoping one of the analysts upped their rating. Oil $20.30, down 0.59 (CWEI received $18.78 in Q1 1996) Natural Gas, $1.87, down 0.02 (CWEI received $2.29 in Q1 1996) CWEI receives a premium for the liquids in its natural gas, on top of the stated priced.

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