Clayton Williams Energy

Clayton Williams Energy, Inc. (stock symbol — CWEI) is an oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas and New Mexico. Our portfolio of oil and natural gas reserves is weighted in favor of oil, with approximately 83% of our proved reserves at December 31, 2015 consisting of oil and natural gas liquids and approximately 17% consisting of natural gas.

Clayton Williams Energy was acquired by Nobel Energy for $2.7 billion on January 17, 2017.

Type
Public
HQ
Midland, US
Founded
1991
Size (employees)
197 (est)-25%
Clayton Williams Energy was founded in 1991 and is headquartered in Midland, US

Clayton Williams Energy Office Locations

Clayton Williams Energy has an office in Midland
Midland, US (HQ)
6500 6 Desta Dr

Clayton Williams Energy Data and Metrics

Clayton Williams Energy Financial Metrics

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.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

429.2 m468.5 m232.4 m289.4 m

Revenue growth, %

9%(50%)25%

General and administrative expense

23 m

Operating expense total

416.6 m356.8 m345.8 m267.1 m

EBIT

12.6 m111.6 m(113.4 m)22.3 m

EBIT margin, %

3%24%(49%)8%

Interest expense

43.1 m50.9 m54.4 m93.7 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 m30.3 m

Net Income

(24.9 m)43.9 m(98.2 m)(292.2 m)
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

124.6 m129.9 m119.3 m64.1 m73.2 m54.6 m30.3 m42.2 m55.4 m

General and administrative expense

11.8 m21.4 m811 k9.1 m11.3 m4.6 m3.9 m13.6 m5.6 m

Operating expense total

11.8 m21.4 m811 k9.1 m11.3 m4.6 m3.9 m13.6 m5.6 m

EBIT

34.6 m34.7 m45.6 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 m14.6 m43 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 m12.8 m5 m19 m32.7 m7.5 m

Net Income

11.4 m20.7 m48.1 m(18.2 m)(41.6 m)(51 m)(35.3 m)(116.2 m)(265 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

26.6 m28 m7.8 m573 m

Inventories

39.2 m42.1 m31.5 m25.8 m

Current Assets

138.3 m132.6 m68.8 m631.2 m

PP&E

1.2 b1.3 b1.2 b856.1 m

Total Assets

1.4 b1.5 b1.3 b1.5 b

Accounts Payable

44.8 m

Total Debt

848 m

Current Liabilities

136.4 m156.4 m65.7 m106.8 m

Non-Current Liabilities

876.6 m956.7 m929.4 m1.2 b

Total Liabilities

1 b1.1 b995.2 m1.3 b

Additional Paid-in Capital

152.6 m152.7 m152.7 m305.2 m

Retained Earnings

200 m243.9 m145.7 m(146.5 m)

Total Equity

353.8 m397.8 m299.6 m160.5 m

Debt to Equity Ratio

5.3 x

Debt to Assets Ratio

0.6 x

Financial Leverage

3.9 x3.8 x4.3 x9.3 x
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

39.2 m35.7 m30.8 m7.5 m7.6 m8.7 m184.9 m63.6 m183 m

Inventories

38.9 m31.7 m32.4 m41.7 m40.9 m35.9 m30 m27.7 m26.6 m

Current Assets

150.1 m133.7 m135.5 m92.4 m92 m88.7 m238.2 m217.5 m282 m

PP&E

1.2 b1.2 b1.3 b1.4 b1.3 b1.3 b1.2 b1.2 b1.1 b

Total Assets

1.4 b1.4 b1.5 b1.5 b1.4 b1.4 b1.4 b1.4 b1.4 b

Accounts Payable

75.4 m85.5 m75.3 m44 m29.3 m31.2 m19.1 m25.5 m37.4 m

Current Liabilities

156.4 m153.5 m156.2 m107.7 m86.7 m87.5 m65.6 m73.6 m92.8 m

Non-Current Liabilities

841.3 m874.9 m892.3 m989.7 m986.8 m965.3 m1.1 b1.1 b1.2 b

Additional Paid-in Capital

152.6 m152.6 m152.7 m152.7 m152.7 m152.7 m152.7 m152.7 m300.3 m

Retained Earnings

211.4 m220.7 m248.2 m225.7 m202.3 m192.9 m110.4 m29.5 m(119.3 m)

Total Equity

365.2 m374.5 m402.1 m379.6 m356.2 m346.8 m264.3 m183.4 m182.8 m

Financial Leverage

3.7 x3.7 x3.6 x3.9 x4 x4 x5.4 x7.6 x7.9 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(24.9 m)43.9 m(98.2 m)(292.2 m)

Depreciation and Amortization

150.9 m154.4 m162.3 m145.6 m

Accounts Receivable

(7.2 m)5.3 m30.8 m(2.6 m)

Accounts Payable

12.7 m4.6 m(35.9 m)10.7 m

Cash From Operating Activities

220.6 m258.1 m52.2 m10.7 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 m45 m241.3 m

Income Taxes Paid

1.6 m135 k
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

11.4 m20.7 m48.1 m(18.2 m)(41.6 m)(51 m)(35.3 m)(116.2 m)(265 m)

Depreciation and Amortization

36.3 m75.2 m112.2 m42.7 m84.8 m121.6 m38.6 m76.8 m115.1 m

Accounts Receivable

(4.1 m)434 k(1.4 m)22.6 m21 m25.3 m4.6 m427 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 m125.1 m211.7 m19.6 m28.6 m55 m522 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 m42 m45 m189.1 m189.1 m241.4 m

Income Taxes Paid

400 k1.6 m1.6 m227 k227 k65 k65 k
USDY, 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 Operating Metrics

Clayton Williams Energy's Gas Reserves & Resources, Tcf was reported to be 0.3 in FY, 2016
FY, 2014FY, 2015FY, 2016

Oil Production Volume, barrels per year

4.19 m4.26 m3.62 m

Gas Reserves & Resources, Tcf

0.34

Oil Proven Reserves (1P), MMbbl

24.35

Gas Liquids (NGL), Mbbl

4.81 k

Oil and Gas Reserves, MMboe

34.75

Clayton Williams Energy Market Value History

Clayton Williams Energy Revenue Breakdown

Traffic Overview of Clayton Williams Energy

Clayton Williams Energy News and Updates

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Clayton Williams Energy Company Life and Culture

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