Cimarex Energy Stock Price, Forecast & Analysis (NYSE:XEC)

Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "XEC."

Cimarex Energy declared a quarterly dividend on Friday, August 30th. Stockholders of record on Friday, November 15th will be given a dividend of $0.20 per share on Friday, November 29th. This represents a $0.80 annualized dividend and a dividend yield of 1.77%. The ex-dividend date of this dividend is Thursday, November 14th. View Cimarex Energy's Dividend History.

Cimarex Energy Co (NYSE:XEC) posted its earnings results on Monday, November, 4th. The oil and gas producer reported $0.91 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by $0.02. The oil and gas producer earned $582.31 million during the quarter, compared to analyst estimates of $575.31 million. Cimarex Energy had a return on equity of 13.02% and a net margin of 21.13%. The company's revenue for the quarter was down 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.99 EPS. View Cimarex Energy's Earnings History.

Cimarex Energy is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Cimarex Energy.

22 Wall Street analysts have issued 12 month price objectives for Cimarex Energy's stock. Their forecasts range from $51.00 to $117.00. On average, they expect Cimarex Energy's share price to reach $73.16 in the next twelve months. This suggests a possible upside of 62.0% from the stock's current price. View Analyst Price Targets for Cimarex Energy.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 11 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cimarex Energy.

News coverage about XEC stock has trended somewhat negative on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cimarex Energy earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Cimarex Energy.

Cimarex Energy saw a increase in short interest in October. As of October 15th, there was short interest totalling 6,330,000 shares, an increase of 19.4% from the September 15th total of 5,300,000 shares. Based on an average daily trading volume, of 2,010,000 shares, the short-interest ratio is presently 3.1 days. Currently, 6.4% of the company's stock are short sold. View Cimarex Energy's Current Options Chain.

Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR).

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

Cimarex Energy's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Diamond Hill Capital Management Inc. (6.16%), Sumitomo Mitsui Trust Holdings Inc. (0.38%), California Public Employees Retirement System (0.26%), First Trust Advisors LP (0.24%), Virginia Retirement Systems ET AL (0.20%) and Rhumbline Advisers (0.16%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, Krista L Johnson, L Paul Teague, Lisa A Stewart, Michael J/Co Sullivan and Thomas E Jorden. View Institutional Ownership Trends for Cimarex Energy.

XEC stock was sold by a variety of institutional investors in the last quarter, including Diamond Hill Capital Management Inc., Caymus Capital Partners L.P., Teacher Retirement System of Texas, YHB Investment Advisors Inc., Russell Investments Group Ltd., Icon Advisers Inc. Co., State of Alaska Department of Revenue and Zurcher Kantonalbank Zurich Cantonalbank. Company insiders that have sold Cimarex Energy company stock in the last year include Harold R Logan Jr and Michael J/Co Sullivan. View Insider Buying and Selling for Cimarex Energy.

XEC stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, California Public Employees Retirement System, Grace & White Inc. NY, Speece Thorson Capital Group Inc., First Trust Advisors LP, Corient Capital Partners LLC, Cerebellum GP LLC and Advisor Partners LLC. View Insider Buying and Selling for Cimarex Energy.

Shares of XEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of XEC stock can currently be purchased for approximately $45.17.

Cimarex Energy has a market capitalization of $4.60 billion and generates $2.34 billion in revenue each year. The oil and gas producer earns $791.85 million in net income (profit) each year or $7.40 on an earnings per share basis. Cimarex Energy employs 955 workers across the globe.View Additional Information About Cimarex Energy.

The official website for Cimarex Energy is http://www.cimarex.com/.

Cimarex Energy's mailing address is 1700 LINCOLN STREET SUITE 3700, DENVER CO, 80203. The oil and gas producer can be reached via phone at 303-295-3995.