Please wait while we load the requested 10-Q report or click the link below:
Oil and Gas Production of 13.6 MBOE/d
Net Loss of $73.8 million; Adjusted Net Loss1 (non-GAAP) of $34.3 million
Cash Flow from Operations of $(16.6) million; EBITDAX2 (non-GAAP) of $13.4 million
Liquidity of $255.7 million
Recent Actions to Improve Balance Sheet
Oil and gas sales for 2Q16, excluding amortized deferred revenues, decreased $26.3 million compared to 2Q15. Production variances accounted for a $13.8 million decrease and price variances accounted for a $12.5 million decrease. Average realized oil prices were $40.51 per barrel in 2Q16 versus $53.32 per barrel in 2Q15, average realized gas prices were $1.87 per Mcf in 2Q16 versus $2.58 per Mcf in 2Q15, and average realized natural gas liquids (“NGL”) prices were $14.09 per barrel in 2Q16 versus $15.30 per barrel in 2Q15. Amortized deferred revenue in 2Q16 totaled $0.4 million as compared to $1.7 million in 2Q15.
The following information was filed by Clayton Williams Energy Inc De (CWEI) on Wednesday, August 3, 2016 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 this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were
removed , and by Clayton Williams Energy Inc De.