6916 search
Clayton Williams Energy Inc.
NASDAQ CWEI 146,85 US$ 23,13%
Logo

Clayton Williams reports 4Q loss

Publié le 02 mars 2017

MIDLAND, Texas (AP) _ Clayton Williams Energy Inc. (CWEI) on Thursday reported a loss of $27.2 million in its fourth quarter.

On a per-share basis, the Midland, Texas-based company said it had a loss of $1.54. Losses, adjusted for one-time gains and costs, were $1.49 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of $1.71 per share.

The independent oil and gas company posted revenue of $161.5 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $42.1 million.

For the year, the company reported that its loss widened to $292.2 million, or $20.87 per share. Revenue was reported as $289.4 million.

Clayton Williams shares have risen 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $136.53, climbing ninefold in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CWEI at https://www.zacks.com/ap/CWEI

_____

Keywords: Clayton Williams, Earnings Report

Les autres articles de la compagnie
UPDATE 2-Noble Energy to buy Clayton Williams Energy for $2.
UPDATE 1-Noble Energy to buy Clayton Williams Energy for $2.
Noble Energy to buy Clayton Williams Energy for $2.7 bln
Upstream Stocks with Highest Short Interest-to-Equity Float
How Did Crude Oil Fare on July 12?
Articles en illimité et contenus premium Je m'abonne
Editoriaux
et Nouvelles
Actions
Minières
Or et
Argent
Marchés La Cote
search 6916
search