Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico. As of December 31, 2017, it had a total proved oil and gas reserves of 3.35 trillion cubic feet equivalent (Tcfe) consisting of 1.61 trillion cubic feet of natural gas, 0.82 Tcfe of oil, and 0.92 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. The company also owned interests in 3,083 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:XEC
Previous Symbol
CUSIP17179810
Phone303-295-3995
Debt
Debt-to-Equity Ratio0.49
Current Ratio1.69
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio13.94
Forward P/E Ratio8.96
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.92 billion
Price / Sales3.23
Cash Flow$8.8338 per share
Price / Cash Flow7.34
Book Value$26.96 per share
Price / Book2.41
Profitability
EPS (Most Recent Fiscal Year)$4.65
Net Income$494.32 million
Net Margins28.70%
Return on Equity23.33%
Return on Assets12.10%
Miscellaneous
Employees910
Outstanding Shares95,600,000
Market Cap$6.55 billion
OptionableOptionable
Cimarex Energy (NYSE:XEC) Frequently Asked Questions
What is Cimarex Energy's stock symbol?
Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "XEC."
How often does Cimarex Energy pay dividends? What is the dividend yield for Cimarex Energy?
Cimarex Energy declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Friday, February 15th will be given a dividend of $0.18 per share on Friday, March 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.11%. The ex-dividend date of this dividend is Thursday, February 14th. View Cimarex Energy's Dividend History.
How were Cimarex Energy's earnings last quarter?
Cimarex Energy Co (NYSE:XEC) released its earnings results on Tuesday, November, 6th. The oil and gas producer reported $1.99 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.47. The oil and gas producer had revenue of $591.50 million for the quarter, compared to analyst estimates of $561.67 million. Cimarex Energy had a net margin of 28.70% and a return on equity of 23.33%. The company's quarterly revenue was up 27.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.09 earnings per share. View Cimarex Energy's Earnings History.
When is Cimarex Energy's next earnings date?
What price target have analysts set for XEC?
23 Wall Street analysts have issued 12 month price targets for Cimarex Energy's shares. Their forecasts range from $88.00 to $175.00. On average, they anticipate Cimarex Energy's share price to reach $121.70 in the next year. This suggests a possible upside of 87.7% from the stock's current price. View Analyst Price Targets for Cimarex Energy.
What is the consensus analysts' recommendation for Cimarex Energy?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 8 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cimarex Energy.
Has Cimarex Energy been receiving favorable news coverage?
News headlines about XEC stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cimarex Energy earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.
Who are some of Cimarex Energy's key competitors?
Some companies that are related to Cimarex Energy include Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), Concho Resources (CXO), WOODSIDE PET LT/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Rwe Ag Sp (RWEOY), Marathon Oil (MRO), GALP ENERGIA SG/ADR (GLPEY), Devon Energy (DVN), TORAY INDUSTRIE/ADR (TRYIY), Apache (APA), Noble Energy (NBL), Cabot Oil & Gas (COG) and Cenovus Energy (CVE).
Who are Cimarex Energy's key executives?
Cimarex Energy's management team includes the folowing people:
- Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 61)
- Mr. G. Mark Burford, VP & CFO (Age 50)
- Mr. Joseph R. Albi Jr., Exec. VP, COO & Director (Age 59)
- Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 63)
- Mr. John A. Lambuth, Sr. VP of Exploration (Age 56)
Who are Cimarex Energy's major shareholders?
Cimarex Energy's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc (10.48%), BlackRock Inc. (6.55%), Diamond Hill Capital Management Inc. (5.88%), Capital International Investors (4.71%), International Value Advisers LLC (3.20%) and FMR LLC (2.93%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, Harold R Logan Jr, John Lambuth, Joseph R Albi, Krista L Johnson, L Paul Teague, Lisa A Stewart, Michael J/Co Sullivan, Stephen P Bell and Thomas E Jorden. View Institutional Ownership Trends for Cimarex Energy.
Which institutional investors are selling Cimarex Energy stock?
XEC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, FMR LLC, BlackRock Inc., AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., First Quadrant L P CA and Retirement Systems of Alabama. Company insiders that have sold Cimarex Energy company stock in the last year include Harold R Logan Jr, Joseph R Albi, L Paul Teague, Michael J/Co Sullivan and Thomas E Jorden. View Insider Buying and Selling for Cimarex Energy.
Which institutional investors are buying Cimarex Energy stock?
XEC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Caymus Capital Partners L.P., Brown Advisory Inc., International Value Advisers LLC, Dimensional Fund Advisors LP, Alliancebernstein L.P., Diamond Hill Capital Management Inc. and Unigestion Holding SA. View Insider Buying and Selling for Cimarex Energy.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Cimarex Energy's stock price today?
One share of XEC stock can currently be purchased for approximately $64.84.
How big of a company is Cimarex Energy?
Cimarex Energy has a market capitalization of $6.55 billion and generates $1.92 billion in revenue each year. The oil and gas producer earns $494.32 million in net income (profit) each year or $4.65 on an earnings per share basis. Cimarex Energy employs 910 workers across the globe.
What is Cimarex Energy's official website?
How can I contact Cimarex Energy?
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.
MarketBeat Community Rating for Cimarex Energy (NYSE XEC)
MarketBeat's community ratings are surveys of what our community members think about Cimarex Energy and other stocks. Vote "Outperform" if you believe XEC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XEC will underperform the S&P 500 over the long term. You may vote once every thirty days.
