Clayton Williams Energy Inc. (NYSE: CWEI) (“Clayton Williams Energy”) today announced that it has established a record date of March 23, 2017, and a meeting date of April 24, 2017, for a special meeting of its stockholders. At the special meeting, which will be held at 10:00 a.m. Central time at ClayDesta Conference Center, 6 Desta Drive, Suite 6550, Midland, Texas 79705, Clayton Williams Energy stockholders [...]
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against Clayton Williams Energy, Inc. (NYSE:CWEI) (“Clayton Williams Energy” or the “Company”). If you currently own shares of Clayton Williams and want to receive additional information and protect your investments free of [...]
Clayton Williams Energy Inc. (the “Company”) (NYSE:CWEI) today reported its financial results for the quarter and year ended December 31, 2016. Highlights Fiscal 2016 Results Oil and Gas Production of 13.7 MBOE/d Cash flow from operating activities of $10.7 million Liquidity of $671.1 million Year-End 2016 Reserves Total Proved Reserves of 34.8 MMBOE 84% Oil and NGL and 63% Proved Developed Recent [...]
NEW ORLEANS, Jan. 23, 2017 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Clayton Williams Energy Inc. ("Clayton Williams" or the "Company") (NYSE: CWEI) to Noble Energy Inc. (NYSE: NBL). Under the terms of the proposed transaction, shareholders of Clayton Williams will receive only 2.7874 shares of [...]
SAN DIEGO, Jan. 16, 2017 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Clayton Williams Energy Inc. (NYSE: CWEI) breached their fiduciary duties in connection with the proposed sale of the Company to Noble Energy Inc. Clayton Williams is an independent oil and gas company that explores for and develops and produces oil and natural gas [...]
Noble Energy and Clayton Williams Energy today announced that the Boards of Directors of both companies have unanimously approved and the companies have executed a definitive agreement under which Noble Energy will acquire all of the outstanding common stock of Clayton Williams Energy for $2.7 billion in Noble Energy stock and cash.
Clayton Williams Energy Inc. (the “Company”) (NYSE:CWEI) announced today that it has closed its previously announced transaction to sell all of the Company’s assets in the Giddings Area in East Central Texas for $400 million, before closing adjustments. The Company expects to use the proceeds from the sale to fund development in the Delaware Basin and to repay a portion of its outstanding indebtedness [...]
Clayton Williams Energy Inc. (the “Company”) (NYSE:CWEI) today reported its financial results for the third quarter of 2016. Summary Oil and Gas Production of 14 MBOE/d Cash Flow from Operations of $24.1 million; EBITDAX2 (non-GAAP) of $18.4 million Liquidity of $321.1 million, including cash and short-term investments Sold Glasscock County, Texas assets for $19.4 million Announced sale of Giddings Area [...]
Clayton Williams Energy Inc. (the "Company") (NYSE: CWEI) announced that it has entered into a definitive purchase and sale agreement with a third party to sell substantially all of the Company's assets in the Giddings Area in East Central Texas for a sale price of $400 million. The sale is subject to customary closing conditions and adjustments. The Company expects to close the sale in December 2016 and use the proceeds [...]
Clayton Williams Energy Inc. (the “Company”) (NYSE: CWEI) will hold its third quarter results conference call on Thursday, November 3, 2016, at 10:30 a.m. Eastern Time (9:30 a.m. Central Time). The Company expects to issue the news release sometime after the market closes on Wednesday, November 2, 2016. A live webcast will be available for investors and analysts on the Company’s website at [...]
Clayton Williams Energy, Inc. (NYSE:CWEI) today announced that it will present at the Johnson Rice & Company 2016 Energy Conference. The presentation is scheduled for Thursday, September 22, 2016 at 9:30 am CT at the Ritz-Carlton, 921 Canal St., New Orleans, Louisiana. The related presentation will be available on the Company’s website at www.claytonwilliams.com. Clayton Williams Energy Inc. is an independent energy [...]
NEW YORK, September 13, 2016 /PRNewswire/ -- Oil prices fell on Monday, September 12, 2016, amid receding hopes for a production freeze deal. Today, Stock-Callers.com has issued research reports on the following Independent Oil and Gas equities to see how they fared over the last few trading sessions: Eclipse Resources Corp. (NYSE: ECR), Stone Energy Corp. (NYSE: SGY), Legacy Reserves L.P. (NASDAQ: LGCY), and [...]