Clayton Williams Energy (CWEI) in Focus: Stock Moves 9.3% Higher – Tale of the Tape

Zacks

Clayton Williams Energy, Inc. (CWEI) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $72.00 to $76.80 in the past one-month time frame.

This independent oil & gas company has seen one positive revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Clayton Williams. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Clayton Williams currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.

Other stocks in the same sector looking equally good are Abraxas Petroleum Corp. (AXAS), Bonanza Creek Energy, Inc. (BCEI), and Harvest Natural Resources Inc. (HNR). All these stocks carry the same Zacks Rank as Clayton Williams.

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