NYSE:XEC

Cimarex Energy Stock Forecast, Price & News

$60.77
-0.11 (-0.18 %)
(As of 04/22/2021 12:00 AM ET)
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Today's Range
$59.95
Now: $60.77
$61.93
50-Day Range
$57.37
MA: $62.73
$68.14
52-Week Range
$21.14
Now: $60.77
$69.35
Volume625,378 shs
Average Volume1.24 million shs
Market Capitalization$6.25 billion
P/E RatioN/A
Dividend Yield1.45%
Beta2.4
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. As of December 31, 2020, it had a total proved reserves of 531.0 million barrels of oil equivalent; 1.36 trillion cubic feet of proved gas reserves; 144.1 million barrels (MMBbls) of proved oil reserves; and 159.8 MMBbls of natural gas liquids reserves primarily located in the Permian Basin and Mid-Continent regions. The company also owned an interest in 2,765 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.
Cimarex Energy logo

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
CUSIP17179810
Phone303-295-3995
Employees747
Year Founded2002

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.36 billion
Cash Flow$31.98 per share
Book Value$35.13 per share

Profitability

Net Income$-124,620,000.00
Net Margins-104.14%

Miscellaneous

Market Cap$6.25 billion
Next Earnings Date5/5/2021 (Confirmed)
OptionableOptionable

Headlines

Cimarex Energy (NYSE:XEC) Stock Rating Upgraded by MKM Partners
April 22, 2021 |  americanbankingnews.com
Cimarex Energy (NYSE:XEC) Price Target Raised to $90.00
April 20, 2021 |  americanbankingnews.com
Cimarex Energy (NYSE:XEC) PT Raised to $78.00 at Morgan Stanley
April 19, 2021 |  americanbankingnews.com
Cimarex Energy Co. (NYSE:XEC) Short Interest Update
April 18, 2021 |  americanbankingnews.com
Is XEC Stock A Buy or Sell?
April 6, 2021 |  finance.yahoo.com
Cimarex Energy (NYSE:XEC) Shares Gap Down to $64.42
April 5, 2021 |  americanbankingnews.com
Cimarex Energy (NYSE:XEC) Shares Up 7.8%
April 1, 2021 |  americanbankingnews.com
How to use Cimarex Energy $XEC as a Forecasting Tool
March 22, 2021 |  marketwatch.com
See More Headlines

MarketRank

Overall MarketRank

2.09 out of 5 stars

Oils/Energy Sector

41st out of 666 stocks

Crude Petroleum & Natural Gas Industry

17th out of 246 stocks

Analyst Opinion: 2.5Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$60.77
-0.11 (-0.18 %)
(As of 04/22/2021 12:00 AM ET)
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Cimarex Energy (NYSE:XEC) Frequently Asked Questions

Is Cimarex Energy a buy right now?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 2 hold ratings and 18 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cimarex Energy stock.
View analyst ratings for Cimarex Energy
or view top-rated stocks.

What stocks does MarketBeat like better than Cimarex Energy?

Wall Street analysts have given Cimarex Energy a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cimarex Energy wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cimarex Energy?

Cimarex Energy saw a drop in short interest in March. As of March 31st, there was short interest totaling 2,360,000 shares, a drop of 23.1% from the March 15th total of 3,070,000 shares. Based on an average daily volume of 1,270,000 shares, the short-interest ratio is presently 1.9 days. Currently, 2.4% of the shares of the company are sold short.
View Cimarex Energy's Short Interest
.

When is Cimarex Energy's next earnings date?

Cimarex Energy is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Cimarex Energy
.

How can I listen to Cimarex Energy's earnings call?

Cimarex Energy will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Cimarex Energy's earnings last quarter?

Cimarex Energy Co. (NYSE:XEC) released its earnings results on Sunday, February, 21st. The oil and gas producer reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.18. The oil and gas producer had revenue of $434.70 million for the quarter, compared to analyst estimates of $421.94 million. Cimarex Energy had a negative net margin of 104.14% and a positive trailing twelve-month return on equity of 7.29%. The business's revenue for the quarter was down 33.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.18 EPS.
View Cimarex Energy's earnings history
.

How has Cimarex Energy's stock been impacted by COVID-19 (Coronavirus)?

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, XEC shares have increased by 266.5% and is now trading at $60.77.
View which stocks have been most impacted by COVID-19
.

How often does Cimarex Energy pay dividends? What is the dividend yield for Cimarex Energy?

Cimarex Energy announced a quarterly dividend on Thursday, February 18th. Shareholders of record on Friday, May 14th will be paid a dividend of $0.27 per share on Tuesday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, May 13th. This is a boost from Cimarex Energy's previous quarterly dividend of $0.22.
View Cimarex Energy's dividend history
.

Is Cimarex Energy a good dividend stock?

Cimarex Energy pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.45%. Cimarex Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Cimarex Energy is 19.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 35.06% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.
View Cimarex Energy's dividend history.

What price target have analysts set for XEC?

20 brokerages have issued 1 year price objectives for Cimarex Energy's shares. Their forecasts range from $21.00 to $90.00. On average, they anticipate Cimarex Energy's stock price to reach $58.32 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
View analysts' price targets for Cimarex Energy
or view top-rated stocks among Wall Street analysts.

Who are Cimarex Energy's key executives?

Cimarex Energy's management team includes the following people:
  • Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 64, Pay $2.28M)
  • Mr. G. Mark Burford, Sr. VP & CFO (Age 53, Pay $1.07M)
  • Mr. Francis B. Barron, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58, Pay $962.55k)
  • Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 66, Pay $1.1M)
  • Mr. John A. Lambuth, Exec. VP of Exploration (Age 59, Pay $1.2M)
  • Mr. Blake A. Sirgo, VP of Operations (Age 38)
  • Mr. Timothy A. Ficker, VP, Controller, Chief Accounting Officer & Assistant Sec. (Age 53)
  • Ms. Megan P. Hays, VP of Investor Relations
  • Mr. Christopher H. Clason, Sr. VP & Chief HR Officer (Age 54)
  • Mr. Thomas F. McCoy, Sr. VP of Production (Age 58)

What is Thomas E. Jorden's approval rating as Cimarex Energy's CEO?

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

Who are some of Cimarex Energy's key competitors?

What other stocks do shareholders of Cimarex Energy own?

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), Transocean (RIG) and ALJ Regional (ALJJ).

What is Cimarex Energy's stock symbol?

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

Who are Cimarex Energy's major shareholders?

Cimarex Energy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.31%), CHURCHILL MANAGEMENT Corp (0.16%), New York State Teachers Retirement System (0.14%), Centre Asset Management LLC (0.11%), Grace & White Inc. NY (0.09%) and BOKF NA (0.05%). Company insiders that own Cimarex Energy stock include David A Hentschel, Francis Brian Barron, G Mark Burford, Harold R Logan Jr, Joseph R Albi, Stephen P Bell and Thomas E Jorden.
View institutional ownership trends for Cimarex Energy
.

Which major investors are selling Cimarex Energy stock?

XEC stock was sold by a variety of institutional investors in the last quarter, including BOKF NA, Grace & White Inc. NY, Retirement Systems of Alabama, Centre Asset Management LLC, New York State Teachers Retirement System, Private Capital Group LLC, Sippican Capital Advisors, and Pacer Advisors Inc.. Company insiders that have sold Cimarex Energy company stock in the last year include David A Hentschel, G Mark Burford, Joseph R Albi, and Stephen P Bell.
View insider buying and selling activity for Cimarex Energy
or view top insider-selling stocks.

Which major investors are buying Cimarex Energy stock?

XEC stock was purchased by a variety of institutional investors in the last quarter, including Clarus Group Inc., CHURCHILL MANAGEMENT Corp, Bowling Portfolio Management LLC, International Assets Investment Management LLC, Polianta Ltd, Hanlon Investment Management Inc., Shilanski & Associates Inc., and Teamwork Financial Advisors LLC. Company insiders that have bought Cimarex Energy stock in the last two years include Harold R Logan Jr, and Thomas E Jorden.
View insider buying and selling activity for Cimarex Energy
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cimarex Energy's stock price today?

One share of XEC stock can currently be purchased for approximately $60.77.

How much money does Cimarex Energy make?

Cimarex Energy has a market capitalization of $6.25 billion and generates $2.36 billion in revenue each year. The oil and gas producer earns $-124,620,000.00 in net income (profit) each year or $4.46 on an earnings per share basis.

How many employees does Cimarex Energy have?

Cimarex Energy employs 747 workers across the globe.

When was Cimarex Energy founded?

Cimarex Energy was founded in 2002.

What is Cimarex Energy's official website?

The official website for Cimarex Energy is www.cimarex.com.

Where are Cimarex Energy's headquarters?

Cimarex Energy is headquartered at 1700 LINCOLN STREET SUITE 3700, DENVER CO, 80203.

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.


This page was last updated on 4/22/2021 by MarketBeat.com Staff
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