Quick Win by the Algorithm: CWEI up 72.44% in 3 Months

Quick Win by the Algorithm

On September 1, 2016, the I Know First algorithm had predicted a bullish forecast for Clayton Williams Energy, Inc. (CWEI). CWEI  had a signal of 430.62 and a predictability of 0.46. In accordance with the algorithm, the company reported long-position capital gains of 72.44% experiencing a quick win by the algorithm.


Clayton Williams Energy, Inc. (stock symbol — CWEI) is an independent oil and gas company engaged in the exploration for and production of oil and natural gas primarily in Texas and New Mexico. At December 31, 2015, their estimated proved reserves were 46.6 MMBOE, of which 78% were proved developed. their portfolio of oil and natural gas reserves is weighted in favor of oil, with approximately 83% of their proved reserves at December 31, 2015 consisting of oil and natural gas liquids and approximately 17% consisting of natural gas. During 2015, they added proved reserves of 3.5 MMBOE through the drill bit, resulting in a reserve replacement of 61%.

Stock Picking By Using Big Data

CWEI stock’s price rose 72,44% in 3 months. One reason is related with the fact that Clayton Williams Energy has announced that it would sell off some of its key assets to raise cash in paying off its heavy debt burden. The energy producer said it would divest assets in the Giddings Area of East Central Texas to use the proceeds from the sale for a couple of purposes, including the potential to fund further development in the Delaware Basin region of West Texas and Southern New Mexico, as well as paying down its debts.

Doing so the company heartened investors: Emerald Acquisition Ltd. purchased a new stake in shares of Clayton Williams Energy Inc. (NYSE:CWEI) during the second quarter. Moreover, other large investors recently bought and sold shares of CWEI as the Bank of New York Mellon Corp and Sippican Capital Advisors. Ares Management scooped up 917,405 additional shares in Clayton Williams Energy during the most recent quarter end. Other Hedge Funds, Including , Gsa Capital Partners Llp added CWEI to its portfolio by purchasing 14,495 company shares during the most recent quarter which is valued at $1,581,694.

This bullish forecast on CWEI was sent to current I Know First subscribers on September 1, 2016. 

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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