Clayton Williams Energy
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Clayton Williams Energy beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share increased.
Margins dropped across the board.
Clayton Williams Energy logged revenue of $106.6 million. The three analysts polled by S&P Capital IQ anticipated a top line of $95.7 million on the same basis. GAAP reported sales were 19% higher than the prior-year quarter's $88.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Non-GAAP EPS came in at -$1.27. The three earnings estimates compiled by S&P Capital IQ forecast $1.20 per share on the same basis. GAAP EPS were -$1.28 for Q4 against -$0.44 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 75.0%, 260 basis points worse than the prior-year quarter. Operating margin was -16.1%, 1,560 basis points worse than the prior-year quarter. Net margin was -14.7%, 870 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $106.6 million. On the bottom line, the average EPS estimate is $1.12.
Next year's average estimate for revenue is $432.6 million. The average EPS estimate is $4.79.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 207 members out of 230 rating the stock outperform, and 23 members rating it underperform. Among 61 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 56 give Clayton Williams Energy a green thumbs-up, and five give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Clayton Williams Energy is outperform, with an average price target of $87.33.
Over the decades, small-cap stocks like Clayton Williams Energy have provided market-beating returns, provided they're value priced and have solid businesses. Read about a pair of companies with a lock on their markets in "Too Small to Fail: Two Small Caps the Government Won't Let Go Broke." Click here for instant access to this free report.
- Add Clayton Williams Energy to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.