Clayton Williams Energy, Inc. (NYSE: CWEI) today filed a Form 8-K with the Securities and Exchange Commission to provide financial guidance disclosures for the year ending December 31, 2015. A copy of these disclosures accompanies this release or may be obtained electronically by accessing the Company ™s website at www.claytonwilliams.com. Clayton Williams Energy Inc. is an independent energy company located in Midland [...]
Clayton Williams Energy Inc. (the Company ) (NYSE:CWEI) today reported its financial results for the first quarter 2015. Summary Oil and Gas Production of 17.2 MBOE/d, up 14% pro forma Adjusted Net Loss1 (non-GAAP) of $20.8 million EBITDA2 (non-GAAP) of $25.6 million Financial Results for the First Quarter of 2015 The Company reported a net loss for the first quarter of 2015 ( 1Q15 ) of $18.2 million, or $1.50 per [...]
Clayton Williams Energy Inc. (the Company ) (NYSE:CWEI) will hold its first quarter results conference call on Thursday, April 30, 2015, at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). The Company expects to issue the news release sometime before the market opens on Thursday, April 30, 2015. A live webcast for investors and analysts will be available on the Company ™s website at www.claytonwilliams.com under the [...]
Clayton Williams Energy Inc. (the “Companyâ€) (NYSE:CWEI) today announced that Mel G. Riggs has succeeded Clayton W. Williams, Jr. as President of the Company, effective immediately. In his capacity as President, Mr. Riggs will be responsible for the general supervision, direction and control of the day to day business and affairs of the Company. “Mel has been with the Company for over 30 years, and I have full confidence in his ability to successfully lead our company through a challenging commodity price environment,†said Clayton W. Williams, Jr., Chairman and CEO of the Company. Mr. Riggs has been with the ... [...]
Clayton Williams Energy Inc. (the Company) (NYSE:CWEI) today reported its financial results for the quarter and year ended December 31, 2014. Highlights Fiscal 2014 Oil and Gas Production of 5.8 Million BOE, up 21% pro forma Adjusted Net Income1 (non-GAAP) of $56.4 million EBITDA2 (non-GAAP) of $299.3 million, up 18% Year-End 2014 Total Proved Reserves of 75.4 Million BOE 405% of 2014 Production [...]
Clayton Williams Energy, Inc. (NYSE: CWEI) today filed a Form 8-K with the Securities and Exchange Commission to provide financial guidance disclosures for the year ending December 31, 2015. A copy of these disclosures accompanies this release or may be obtained electronically by accessing the Companys website at www.claytonwilliams.com. Clayton Williams Energy Inc. is an independent energy company located in [...]
Clayton Williams Energy Inc. (the Company) (NYSE:CWEI) today provided insight on its plans for 2015 and an update on its Eagle Ford and Delaware Basin operations. Plans for 2015 The Company announced today that its strategy for 2015 is to preserve the Companys ability to resume long term production growth once crude oil prices recover. In the current low price environment, the Company has little incentive to [...]
Clayton Williams Energy Inc. (NYSE: CWEI), will hold its annual results conference call to discuss fourth quarter and year end 2014 results on Thursday, February 26, 2015 at 2:30 p.m. Eastern Time (1:30 p.m. Central Time). CWEI expects to issue the news release sometime before the market opens on Thursday, February 26, 2015. Dial In (877) 868-1835 Conference ID 89149363 A replay of the call will be available [...]
Clayton Williams Energy Inc. (NYSE: CWEI) today announced that it had entered into a farmout and exploration agreement with Caza Oil and Gas, Inc. (Caza) (TSX:CAZ) (AIM:CAZA) covering a portion of the Companys 71,000 net acre resource play in Reeves County, Texas. All of the approximate 15,000 net undeveloped acres covered by this agreement are located along the western flank of the Companys acreage block. The Company [...]
Clayton Williams Energy, Inc. (NYSE: CWEI) today filed a Form 8-K with the Securities and Exchange Commission to provide financial guidance disclosures for the year ending December 31, 2014. A copy of these disclosures accompanies this release or may be obtained electronically by accessing the Companys website at www.claytonwilliams.com. Clayton Williams Energy Inc. is an independent energy company located in [...]
Clayton Williams Energy Inc. (the Company) (NYSE:CWEI) today reported its financial results for the third quarter 2014. Quarter Highlights Oil and Gas Production of 15,586 BOE/d, up 13% (21% PF for Asset Sales) Adjusted Net Income1 (non-GAAP) of $17.4 million, in line with consensus estimates EBITDA2 (non-GAAP) of $78.1 million, up 14% Lifting Costs Averaged $14.19 per BOE, down 11% Financial Results for [...]
Clayton Williams Energy Inc. (the Company) (NYSE:CWEI) today provided an operations update on its Eagle Ford and Delaware Basin activities and also provided an update to production guidance for the remainder of 2014 and new production guidance for 2015. Eagle Ford Operations The Company continues to achieve solid results from its Eagle Ford Shale play situated on its legacy Austin Chalk acreage block in Burleson [...]