Exhibit 99.1


CLAYTON WILLIAMS ENERGY ANNOUNCES SECOND QUARTER 2015
FINANCIAL RESULTS


Midland, Texas, August 4, 2015 (BUSINESS WIRE) -
Clayton Williams Energy, Inc. (the “Company”) (NYSE-CWEI) today reported its financial results for the second quarter 2015.

Summary

Core drilling suspended in early 2015; resumed at a two-rig pace in July 2015
Oil and gas production of 16.6 MBOE/d
Adjusted net loss1 (non-GAAP) of $12.8 million
EBITDAX2 (non-GAAP) of $37 million

Financial Results for the Second Quarter of 2015

The Company reported a net loss for the second quarter of 2015 (“2Q15”) of $23.3 million, or $1.92 per share, as compared to net income of $9.3 million, or $0.77 per share, for the second quarter of 2014 (“2Q14”). Adjusted net loss1 (non-GAAP) for 2Q15 was $12.8 million, or $1.05 per share, as compared to adjusted net income1 (non-GAAP) of $18.2 million, or $1.50 per share, for 2Q14. Cash flow from operations for 2Q15 was $9 million as compared to $45.8 million for 2Q14. EBITDAX2 (non-GAAP) for 2Q15 was $37 million as compared to $81.5 million for 2Q14.

For the six months ended June 30, 2015, net loss attributable to Company stockholders was $41.6 million, or $3.42 per share, as compared to net income of $20.7 million, or $1.70 per share, for the same period in 2014. Adjusted net loss1 (non-GAAP) for the six-month period in 2015 was $33.6 million, or $2.76 per share, as compared to adjusted net income1 (non-GAAP) of $34.7 million, or $2.85 per share, for the same period in 2014. Cash flow from operations for the six-month period in 2015 was $28.6 million as compared to $125.1 million during the same period in 2014. EBITDAX2 (non-GAAP) for the six-month period in 2015 was $62.6 million as compared to $158.4 million for the same period in 2014.

The key factors affecting the comparability of financial results for 2Q15 versus 2Q14 were:

The downturn in commodity prices continues to have a significant impact on our business and results of operations. We suspended drilling operations in our core resource plays early in 2015 until well costs could adjust to a lower commodity price environment. We resumed drilling activities in July 2015 with one rig in the Delaware Basin and one rig in the Eagle Ford.

Oil and gas sales for 2Q15, excluding amortized deferred revenues, decreased $44.4 million compared to 2Q14. Price variances accounted for a $53.9 million decrease and production variances accounted for a $9.5 million increase. Average realized oil prices were $53.32 per barrel in 2Q15 versus $96.01 per barrel in 2Q14, average realized gas prices were $2.58 per Mcf in 2Q15 versus $4.49 per Mcf in 2Q14, and average realized natural gas liquids (“NGL”) prices were $15.30 per barrel in 2Q15 versus $31.55 per barrel in 2Q14. Oil and


The following information was filed by Clayton Williams Energy Inc De (CWEI) on Tuesday, August 4, 2015 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Clayton Williams Energy Inc De's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Clayton Williams Energy Inc De.

Continue

Never Miss A New SEC Filing Again


Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.

Continue

We Highlighted This SEC Filing For You


SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.

Continue

Widen Your SEC Filing Reading Experience


Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view

Continue

Uncover Actionable Information Inside SEC Filings


SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q

Continue

Adobe PDF, Microsoft Word and Excel Downloads


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis

Continue

FREE Financial Statements


Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Intrinsic Value Calculator


Intrinsic Value Calculator
Screenshot of intrinsic value for AT&T (2019)
Last10K.com Member Feature

Our Intrinsic Value calculator estimates what an entire company is worth using up to 10 years of financial ratios to determine if a stock is overvalued or not

Continue

Financial Stability Report


Financial Stability Report
Screenshot of financial stability report for Coco-Cola (2019)
Last10K.com Member Feature

Our Financial Stability reports uses up to 10 years of financial ratios to determine the health of a company's EPS, Dividends, Book Value, Return on Equity, Current Ratio and Debt-to-Equity

Continue

Get a Better Picture of a Company's Performance


Financial Ratios
Available Financial Ratios
Last10K.com Member Feature

See how over 70 Growth, Profitability and Financial Ratios perform over 10 Years

Continue

Log in with your credentials

or    

Forgot your details?

Create Account