Clayton Williams Energy Stock Hits New 52-Week High (CWEI)

NEW YORK ( TheStreet) -- Clayton Williams Energy (Nasdaq: CWEI) hit a new 52-week high Tuesday as it traded at $104.82 compared with its previous 52-Week high of $103.61. Clayton Williams Energy is changing hands at $104.40 with 9,629 shares traded as of 10 a.m. ET. Average volume has been 47,400 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 21.9% year to date as of the close of trading on Friday.

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.

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, solid stock price performance and expanding profit margins. 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.

See all 52-week high stocks or get investment ideas from our investment research center.

null

More from Markets

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Tumble as Trump Calls Off North Korea Summit

Stocks Could Easily Crater Into Memorial Day Weekend

Stocks Could Easily Crater Into Memorial Day Weekend

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Video: Here Is How Real Estate Investment Trusts Can Boost Your Portfolio

Celgene Shares Rise on Plans to Increase Stock Buybacks

Celgene Shares Rise on Plans to Increase Stock Buybacks

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern

Global Stocks Slide as Trump's New Trade War Salvo Ignites Fresh Concern