Clayton Williams Energy Inc
Why Did Crude Oil Fall 2.2% Last Week?
US crude oil prices (USO) (OIIL) fell by 2.2% in the week ended June 17, 2016. Crude oil closed at $47.98 per barrel on the same day.
Why Did Crude Oil Prices Rise for the Third Straight Week?
US crude oil prices rose 3.3% for the week ending May 27—the third consecutive weekly gain for oil. On May 27, US crude oil prices closed at $49.33 per barrel.
Analyzing the Correlation of Crude Oil and Industrial Metals
In the past year, US crude oil was more correlated with iron ore than copper. In August 2015, the correlation between crude oil and iron ore touched 75.5%.
Noble Energy’s 4Q16 Earnings and Revenues Beat Expectations
Noble Energy (NBL) reported its 4Q16 earnings on February 13, 2017. Its revenue for the quarter was ~$1 billion—compared to the estimate of $784 million.
2016 US Sector Performance: Top Performers in Energy and Financials
The US GDP growth outlook is near its potential at ~3%, with increased investment in infrastructure.
What’s Noble Energy’s Outlook for 2017 and Beyond?
On November 16, 2016, Noble Energy provided its long-term outlook for 2016–2020. This outlook was provided along with its Clayton Williams acquisition announcement.
Will Noble Energy Meet Its 4Q16 Production Target?
Noble Energy’s (NBL) 4Q16 production guidance range is 400 Mboepd–410 Mboepd (thousand barrels of oil equivalent per day).
Noble Energy to Buy Clayton Williams for $2.7 Billion
On January 16, 2017, Noble Energy (NBL) announced that it’s acquiring Clayton Williams Energy (CWEI) for $2.7 billion. It will add 71,000 net acres in the Southern Delaware Basin.
Noble Energy’s Key Operational Objectives for 2017 and Beyond
With the Clayton Williams (CWEI) acquisition, Noble Energy (NBL) will have four rigs operational in the Southern Delaware Basin, one of them in CWEI acreage.
Upstream Stocks with Highest Short Interest-to-Equity Float Ratios
On July 18, 2016, Clayton Williams Energy (CWEI) had the highest short interest-to-equity float ratio among the upstream stocks at ~58.0%.
How Did Crude Oil Fare on July 12?
US active crude oil futures contracts for August delivery closed at $46.8 per barrel on July 12, which was 8.6% below their 2016 high of $51.23 on June 8.
Upstream Stocks with High Short Interest–to–Equity Float Ratios
As of July 8, 2016, Clayton Williams Energy (CWEI) has the highest short interest–to–equity float ratio among upstream stocks at 57.8%.
The Top 5 Upstream Stocks by Short Interest–to–Equity Float Ratio
As of July 1, 2016, Clayton Williams Energy (CWEI) has the highest short interest–to–equity float ratio among upstream stocks at 57.8%.
The Top 5 Upstream Stocks with the Highest Short Interests
As of June 24, 2016, Clayton Williams Energy (CWEI) had the highest short interest-to-equity float ratio among upstream stocks at 57.8%.
Which Upstream Stocks Had the Highest Short Interest?
As of June 10, 2016, Clayton Williams Energy (CWEI) had the highest short interest-to-equity float figures among upstream stocks.
Which Upstream Stocks Are Following the Oil Rally?
On May 23, 2016, US crude oil (USO) (OIIL) closed at $48.08, just 0.47% below its 2016 high of $48.31 on May 17.
Crude Oil Is at a 2016 High: Looking at Upstream Stocks
On May 16, 2016, US crude oil (USO) closed at $47.72. So far, it’s the highest level in 2016. It’s the highest level since November 3, 2015.
Crude Oil Prices Held above $52 per Barrel for the Third Day
August WTI crude oil futures contracts settled above $52 per barrel for third day. Crude oil prices closed above the key support level of $52 per barrel as of July 14.