Clayton Williams Energy was founded in 1991 and is headquartered in Midland, US

Clayton Williams Energy has an office in Midland

Midland, US (HQ)

6500 6 Desta Dr

Clayton Williams Energy's revenue was reported to be $289.4 m in FY, 2016

USD

## Revenue (FY, 2016) | 289.4 m |

## Revenue growth (FY, 2015 - FY, 2016), % | 25% |

## Net income (FY, 2016) | (292.2 m) |

## EBIT (FY, 2016) | 22.3 m |

## Market capitalization (24-Apr-2017) | 2.3 b |

## Closing share price (24-Apr-2017) | 131.9 |

## Cash (31-Dec-2016) | 573 m |

## EV | 2.6 b |

Clayton Williams Energy's current market capitalization is $2.3 b.

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 429.2 m | 468.5 m | 232.4 m | 289.4 m |

## Revenue growth, % | 9% | (50%) | 25% | |

## General and administrative expense | 23 m | |||

## Operating expense total | 416.6 m | 356.8 m | 345.8 m | 267.1 m |

## EBIT | 12.6 m | 111.6 m | (113.4 m) | 22.3 m |

## EBIT margin, % | 3% | 24% | (49%) | 8% |

## Interest expense | 43.1 m | 50.9 m | 54.4 m | 93.7 m |

## Pre tax profit | (37.3 m) | 68.6 m | (153.3 m) | (322.5 m) |

## Income tax expense | 12.4 m | (24.7 m) | 55.1 m | 30.3 m |

## Net Income | (24.9 m) | 43.9 m | (98.2 m) | (292.2 m) |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 124.6 m | 129.9 m | 119.3 m | 64.1 m | 73.2 m | 54.6 m | 30.3 m | 42.2 m | 55.4 m |

## General and administrative expense | 11.8 m | 21.4 m | 811 k | 9.1 m | 11.3 m | 4.6 m | 3.9 m | 13.6 m | 5.6 m |

## Operating expense total | 11.8 m | 21.4 m | 811 k | 9.1 m | 11.3 m | 4.6 m | 3.9 m | 13.6 m | 5.6 m |

## EBIT | 34.6 m | 34.7 m | 45.6 m | (20.2 m) | (11.1 m) | (19.7 m) | (36.6 m) | (33.6 m) | (13 m) |

## EBIT margin, % | 28% | 27% | 38% | (31%) | (15%) | (36%) | (121%) | (80%) | (23%) |

## Interest expense | (12.5 m) | (12.8 m) | (12.6 m) | (13.3 m) | (13.6 m) | (13.6 m) | (17.1 m) | (26.6 m) | (26.6 m) |

## Pre tax profit | 17.9 m | 14.6 m | 43 m | (28.1 m) | (36.1 m) | (14.5 m) | (54.3 m) | (113.6 m) | (156.3 m) |

## Income tax expense | (6.5 m) | (5.3 m) | (15.6 m) | 9.9 m | 12.8 m | 5 m | 19 m | 32.7 m | 7.5 m |

## Net Income | 11.4 m | 20.7 m | 48.1 m | (18.2 m) | (41.6 m) | (51 m) | (35.3 m) | (116.2 m) | (265 m) |

- Source: SEC Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 26.6 m | 28 m | 7.8 m | 573 m |

## Inventories | 39.2 m | 42.1 m | 31.5 m | 25.8 m |

## Current Assets | 138.3 m | 132.6 m | 68.8 m | 631.2 m |

## PP&E | 1.2 b | 1.3 b | 1.2 b | 856.1 m |

## Total Assets | 1.4 b | 1.5 b | 1.3 b | 1.5 b |

## Accounts Payable | 44.8 m | |||

## Total Debt | 848 m | |||

## Current Liabilities | 136.4 m | 156.4 m | 65.7 m | 106.8 m |

## Non-Current Liabilities | 876.6 m | 956.7 m | 929.4 m | 1.2 b |

## Total Liabilities | 1 b | 1.1 b | 995.2 m | 1.3 b |

## Additional Paid-in Capital | 152.6 m | 152.7 m | 152.7 m | 305.2 m |

## Retained Earnings | 200 m | 243.9 m | 145.7 m | (146.5 m) |

## Total Equity | 353.8 m | 397.8 m | 299.6 m | 160.5 m |

## Debt to Equity Ratio | 5.3 x | |||

## Debt to Assets Ratio | 0.6 x | |||

## Financial Leverage | 3.9 x | 3.8 x | 4.3 x | 9.3 x |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 39.2 m | 35.7 m | 30.8 m | 7.5 m | 7.6 m | 8.7 m | 184.9 m | 63.6 m | 183 m |

## Inventories | 38.9 m | 31.7 m | 32.4 m | 41.7 m | 40.9 m | 35.9 m | 30 m | 27.7 m | 26.6 m |

## Current Assets | 150.1 m | 133.7 m | 135.5 m | 92.4 m | 92 m | 88.7 m | 238.2 m | 217.5 m | 282 m |

## PP&E | 1.2 b | 1.2 b | 1.3 b | 1.4 b | 1.3 b | 1.3 b | 1.2 b | 1.2 b | 1.1 b |

## Total Assets | 1.4 b | 1.4 b | 1.5 b | 1.5 b | 1.4 b | 1.4 b | 1.4 b | 1.4 b | 1.4 b |

## Accounts Payable | 75.4 m | 85.5 m | 75.3 m | 44 m | 29.3 m | 31.2 m | 19.1 m | 25.5 m | 37.4 m |

## Current Liabilities | 156.4 m | 153.5 m | 156.2 m | 107.7 m | 86.7 m | 87.5 m | 65.6 m | 73.6 m | 92.8 m |

## Non-Current Liabilities | 841.3 m | 874.9 m | 892.3 m | 989.7 m | 986.8 m | 965.3 m | 1.1 b | 1.1 b | 1.2 b |

## Additional Paid-in Capital | 152.6 m | 152.6 m | 152.7 m | 152.7 m | 152.7 m | 152.7 m | 152.7 m | 152.7 m | 300.3 m |

## Retained Earnings | 211.4 m | 220.7 m | 248.2 m | 225.7 m | 202.3 m | 192.9 m | 110.4 m | 29.5 m | (119.3 m) |

## Total Equity | 365.2 m | 374.5 m | 402.1 m | 379.6 m | 356.2 m | 346.8 m | 264.3 m | 183.4 m | 182.8 m |

## Financial Leverage | 3.7 x | 3.7 x | 3.6 x | 3.9 x | 4 x | 4 x | 5.4 x | 7.6 x | 7.9 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | (24.9 m) | 43.9 m | (98.2 m) | (292.2 m) |

## Depreciation and Amortization | 150.9 m | 154.4 m | 162.3 m | 145.6 m |

## Accounts Receivable | (7.2 m) | 5.3 m | 30.8 m | (2.6 m) |

## Accounts Payable | 12.7 m | 4.6 m | (35.9 m) | 10.7 m |

## Cash From Operating Activities | 220.6 m | 258.1 m | 52.2 m | 10.7 m |

## Purchases of PP&E | (288.1 m) | (422.5 m) | (179.8 m) | (111.5 m) |

## Cash From Investing Activities | (29 m) | (319 m) | (117.4 m) | 313.2 m |

## Long-term Borrowings | (444 m) | (40 m) | (160 m) | |

## Cash From Financing Activities | (175.6 m) | 62.3 m | 45 m | 241.3 m |

## Income Taxes Paid | 1.6 m | 135 k |

USD | Q1, 2014^{} | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 11.4 m | 20.7 m | 48.1 m | (18.2 m) | (41.6 m) | (51 m) | (35.3 m) | (116.2 m) | (265 m) |

## Depreciation and Amortization | 36.3 m | 75.2 m | 112.2 m | 42.7 m | 84.8 m | 121.6 m | 38.6 m | 76.8 m | 115.1 m |

## Accounts Receivable | (4.1 m) | 434 k | (1.4 m) | 22.6 m | 21 m | 25.3 m | 4.6 m | 427 k | (898 k) |

## Accounts Payable | 5.1 m | (5 m) | 3.5 m | (26.2 m) | (26.2 m) | (32.1 m) | (10.7 m) | (11.4 m) | (1.7 m) |

## Cash From Operating Activities | 79.3 m | 125.1 m | 211.7 m | 19.6 m | 28.6 m | 55 m | 522 k | (16.1 m) | 8 m |

## Purchases of PP&E | (99.4 m) | (184.2 m) | (312 m) | (89.5 m) | (125.3 m) | (155.7 m) | (14.2 m) | (29 m) | (62.3 m) |

## Cash From Investing Activities | (26.7 m) | (98.5 m) | (197.2 m) | (82.1 m) | (91 m) | (119.3 m) | (12.5 m) | (117.1 m) | (74.1 m) |

## Long-term Borrowings | (40 m) | (40 m) | (40 m) | (160 m) | (160 m) | (160 m) | |||

## Cash From Financing Activities | (40 m) | (17.5 m) | (10.3 m) | 42 m | 42 m | 45 m | 189.1 m | 189.1 m | 241.4 m |

## Income Taxes Paid | 400 k | 1.6 m | 1.6 m | 227 k | 227 k | 65 k | 65 k |

USD | Y, 2016 |
---|---|

## EV/EBIT | 116.7 x |

## EV/CFO | 242.8 x |

## Revenue/Employee | 1.1 m |

## Debt/Equity | 5.3 x |

## Debt/Assets | 0.6 x |

## Financial Leverage | 9.3 x |

Clayton Williams Energy's Gas Reserves & Resources, Tcf was reported to be 0.3 in FY, 2016

- Source: SEC Filings

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