NEW YORK (

TheStreet

) --

Clayton Williams Energy

(Nasdaq:

CWEI

) hit a new 52-week high Thursday as it traded at $106.21 compared with its previous 52-Week high of $106.20. Clayton Williams Energy is changing hands at $106.20 with 15,931 shares traded as of 12:23 p.m. ET. Average volume has been 76,500 shares over the past 30 days.

Clayton Williams Energy has a market cap of $1.2 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 24% year to date as of the close of trading on Wednesday.

Clayton Williams Energy, Inc., an independent oil and gas company, engages in the exploration for and production of oil and natural gas primarily in Texas, Louisiana, and New Mexico, the United States. The company has a P/E ratio of 33.5, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 16.2.

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TheStreet Ratings rates Clayton Williams Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we find that the company has not been very careful in the management of its balance sheet. You can view the full

Clayton Williams Energy Ratings Report

.

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