CWEI Stock: Do You Feel Lucky?
Category: Local... Oil & Gas...
Posted Tuesday, January 13, 2004 at 07:40 AM [GMT-6]

Local oil and gas independent Clayton Williams Energy Inc. (CWEI) has enjoyed an impressive — nay, amazing — run-up in stock value this year. From a 52-week low of $10.30/share last April, the stock price has appreciated about 350%, closing at $36.49 yesterday. The following chart, courtesy of the Wall Street Journal, documents this phenomenon over the past 12 months:

One year history of CWEI stock price
12 month stock price - CWEI

So, what would you do today, if you owned a few thousand shares of CWEI?

As they say, past performance is not necessarily an indicator of future performance. At the same time, only a very foolish person would ignore the potential lesson illustrated by the following chart...a five-year graph of CWEI stock price:

Five year history of CWEI stock price
60 month stock price - CWEI

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Comments

By coincidence, about 20 minutes before checking this informative Blog, I had an email from one of my investors in Wash. DC about the run-up in CWEI. I referred him here. CWEI has a history of running up on a few good wells announcements or a potential "big" discovery.

Posted by: Wallace at January 14, 2004 01:48 PM
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