SI
SI
discoversearch

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 -- Ignore unavailable to you. Want to Upgrade?


To: RonN who wrote (958)2/25/1998 12:14:00 AM
From: Patrick J. Saunders  Read Replies (1) | Respond to of 1017
 
I know the same sick feeling. If it goes low enough,
I WILL ba able to average down. :((( And I would
rather not see that. I think this is temporary. Hold
your breath...Pat



To: RonN who wrote (958)2/25/1998 2:11:00 AM
From: Heretic  Read Replies (1) | Respond to of 1017
 
Pressure Rising In The Oil Patch
By Roger Hahn - February 25, 1998

buyside.com

"(Greg McMichael of Hanifen, Imhoff) recommends another player in natural gas exploration, Clayton Williams Energy. It has operating exposure to the Cotton Valley reef development in East Texas, the Austin Chalk formation, and an increasing focus on the Gulf Coast, where it has onshore projects in Mississippi, Louisiana and south Texas. Although the company's Cotton Valley project has met with delays, industry success rates in the area have increased. McMichael feels the stock has been undervalued as much as 50% relative to its peers. He calls for EPS of $1.10 in 1997 and $1.20 in 1998, with a 12-month rise in stock value to $24."