Cimarex Energy (XEC) Stock Price, News & Analysis

Cimarex Energy Co. (NYSE:XEC) released its earnings results on Thursday, August, 5th. The oil and gas producer reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.87 by $0.22. The oil and gas producer earned $712.38 million during the quarter, compared to analyst estimates of $616.83 million. Cimarex Energy had a negative net margin of 1.19% and a positive trailing twelve-month return on equity of 34.56%. The business's revenue was up 185.7% on a year-over-year basis. During the same period last year, the business earned ($0.51) earnings per share.

Cimarex Energy (NYSE:XEC) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.24%. The dividend payout ratio is 77.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, XEC will have a dividend payout ratio of 10.75% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for XEC.

26 employees have rated Cimarex Energy Chief Executive Officer Thomas E. Jorden on Glassdoor.com. Thomas E. Jorden has an approval rating of 87% among the company's employees. 68.0% of employees surveyed would recommend working at Cimarex Energy to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cimarex Energy investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Transocean (RIG) and ALJ Regional (ALJJ).