The Land Report

2018.1

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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BackGate 96 The LandReport | S P R I N G 2 0 1 8 LANDREPORT.COM W hen our inaugural issue (inset right) came off the press, this native Texan ranked N o. 59 on the 2007 Land Report 100 with 146,655 acres in Far West Texas. By 2010, Claytie's cattle ranches spread out over six counties, and his total acreage peaked at 157,375 acres. In the years that followed, he began to trim non-essential tracts. At 112,042 acres, Williams Ranches qualified for the 2015 Land Report 100 at N o. 94. By 2016, the one-time gubernatorial candidate had dropped off the list; it took at least 139,000 acres simply to qualify as one of America's largest landowners. Don't fret about Claytie, however. In 2017, his publicly-traded Clayton Williams Energy (CWEI) agreed to a $3.2 billion buyout offer from Noble Energy. The Williams' family share? 50.5 percent. P.S. In 2014, CWEI traded at $141. Two years later, it bottomed at $6.35. By the time the Noble buyout was announced, it was back above $100. Still want to be a wildcatter? — Eric O'Keefe For decades, Claytie and Modesta Williams (above) hosted one of the Lone Star State's best-known cattle sales at their headquarters north of Alpine, Texas. Clayton Williams Jr. WILLIAMS FAMILY COLLECTION

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