Clayton Williams Energy, Inc. · Midland, TX United States ·(NASDAQ (GM): CWEI)
Company Description
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This link will open in a new window Former Texas gubernatorial candidate Clayton Williams once devoted his energy to politics. Now he's devoted to the independent oil and gas firm that he founded. Clayton Williams Energy explores for oil and gas deposits primarily in Louisiana, New Mexico, and Texas and exploits those resources. In 2007 the company reported proved reserves of 290.8 billion cu. ft. of natural gas equivalent. Most of those reserves are in the Permian Basin and in East Texas. It also operates 94 miles of gas pipeline and processing plants in Texas and Mississippi. Williams is CEO, and he and his family control 47% of the firm. To read the full description, subscribe now.
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Key Clayton Williams Energy, Inc. Financials
| Company Type | Public - NASDAQ (GM): CWEI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $565.5 |
| 2008 Employees | 202 |
Clayton Williams Energy, Inc. Executives
15 executives listed for Clayton Williams Energy, Inc.'s Midland, TX location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | Clayton Williams | Network |
| EVP, COO, and Director | L. Paul Latham | Network |
| SVP Finance, CFO, Secretary, Treasurer, and Director | Mel Riggs | Network |
Competition
Competitive Landscape for Clayton Williams Energy, Inc.
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Clayton Williams Energy, Inc. Competitors
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