Clayton Williams Energy, Inc.

(NASDAQ:CWEI)
  Sep 30, 2008 Jun 30, 2008 Mar 31, 2008 Sep 30, 2007
Assets
Current Assets
Cash & Equivalents 34,532 17,492 18,523 9,522
Restricted Cash — — — —
Marketable Securities — — — —
Accounts Receivable 58,673 73,334 76,840 58,733
Loans Receivable — — — —
Other Receivable — — — —
Receivables 58,673 73,334 76,840 58,733
Raw Materials — — — —
Work in Progress — — — —
Purchased Components — — — —
Finished Goods — — — —
Other Inventories — 19,770 14,896 15,578
Inventories Adjustments and Allowances — — — —
Inventories 24,908 19,770 14,896 15,578
Prepaid Expenses 2,642 10,346 3,583 6,829
Current Deferred Income Taxes 24,908 3,581 3,581 505
Other Current Assets — — 72,135 30,356
Total Current Assets 127,797 124,523 189,558 121,523
Land and Improvements — 1,404,221 1,332,390 1,342,377
Building and Improvements — — — —
Machinery Furniture and Equipment — 90,573 89,965 88,742
Construction in Progress — — — —
Other Fixed Assets — 32,427 14,536 35,059
Total Fixed Assets — 1,527,221 1,436,891 1,466,178
Gross Fixed Assets 812,053 1,527,221 1,436,891 1,466,178
Accumulated Depreciation and Depletion — 760,957 736,153 738,146
Net Fixed Assets 812,053 766,264 700,738 728,032
Intangibles — — — —
Cost in Excess — — — —
Non Current Deferred Income Taxes — — — —
Other Non Current Assets 8,954 21,654 17,746 13,846
Total Non Current Assets 821,007 787,918 718,484 741,878
Total Assets 948,804 912,441 908,042 863,401
Liabilities
Current Liabilities
Accounts Payable 135,001 138,241 114,746 111,622
Notes Payable — — — —
Short Term Debt 18,750 18,750 20,625 24,375
Accrued Expenses — — — —
Accrued Liabilities 6,874 10,610 5,884 5,299
Deferred Revenues — — — —
Current Deferred Income Tax Liabilities — — — —
Other Current Liabilities — 147,506 71,646 41,205
Total Current Liabilities 182,003 315,107 212,901 182,501
Non Current Liabilities
Long Term Debt 379,113 309,000 414,688 457,063
Capital Lease Obligations — — — —
Deferred Income Tax Liabilities 87,719 38,565 48,633 35,274
Other Non Current Liabilities 45,237 78,072 42,563 35,583
Minority Interest Liabilities — 5,164 5,000 4,434
Preferred Securities of Subsidiary Trust Liabilities — — — —
Preferred Equity Outside Stock Equity — — — —
Total Non Current Liabilities 672,694 745,908 723,785 714,855
Total Liabilities 512,069 430,801 510,884 532,354
Shareholders' Equity
Preferred Stock Equity — — — —
Common Stock Equity 254,732 166,533 184,257 148,546
Common Par 1,211 1,211 1,210 1,135
Additional Paid in Capital 136,994 136,963 136,831 120,025
Cumulative Translation Adjustment — — — —
Retained Earnings 116,527 21,898 43,069 27,386
Treasury Stock — — — —
Other Equity Adjustments — 6,461 3,147 —
Total Capitalization 633,845 475,533 598,945 605,609
Cash Flow — 102,944 126,315 64,354
Working Capital -32,828 -190,584 -23,343 -60,978
Free Cash Flow — 24,144 28,431 -45,204
Invested Capital 633,845 475,533 598,945 605,609
Total Equity 254,732 166,533 184,257 148,546
Total Liabilities and Stock Equity 927,426 912,441 908,042 863,401