Cimarex Energy Stock Forecast, Price & News

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Cimarex Energy stock.
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Wall Street analysts have given Cimarex Energy a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cimarex Energy wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Cimarex Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Cimarex Energy.

Cimarex Energy will be holding an earnings conference call on Thursday, August 5th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Cimarex Energy Co. (NYSE:XEC) announced its quarterly earnings data on Tuesday, May, 4th. The oil and gas producer reported $1.98 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.97 by $0.01. The oil and gas producer earned $679.47 million during the quarter, compared to analysts' expectations of $584.19 million. Cimarex Energy had a positive trailing twelve-month return on equity of 17.85% and a negative net margin of 60.34%. During the same period in the previous year, the business posted $0.58 EPS.
View Cimarex Energy's earnings history.

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 stock has increased by 287.9% and is now trading at $64.32.
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Cimarex Energy declared a quarterly dividend on Thursday, May 13th. Investors of record on Friday, August 13th will be given a dividend of $0.27 per share on Wednesday, September 1st. This represents a $1.08 annualized dividend and a yield of 1.68%. The ex-dividend date of this dividend is Thursday, August 12th.
View Cimarex Energy's dividend history.

Cimarex Energy pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.67%. Cimarex Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Cimarex Energy is 77.70%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 11.38% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.
View Cimarex Energy's dividend history.

25 Wall Street analysts have issued 1 year target prices for Cimarex Energy's shares. Their forecasts range from $38.00 to $102.00. On average, they expect Cimarex Energy's stock price to reach $74.91 in the next year. This suggests a possible upside of 16.5% from the stock's current price.
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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.

Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cabot Oil & Gas (COG), EQT (EQT), Range Resources (RRC), PDC Energy (PDCE), Matador Resources (MTDR), Southwestern Energy (SWN), SM Energy (SM) and Whiting Petroleum (WLL).
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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).

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

Cimarex Energy's stock is owned by many different retail and institutional investors. Top institutional investors include Gibraltar Capital Management Inc. (0.13%), Oregon Public Employees Retirement Fund (0.03%), New Mexico Educational Retirement Board (0.02%), Fulton Bank N.A. (0.00%), Raymond James Trust N.A. (0.00%) and Confluence Investment Management LLC (0.00%). 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.

XEC stock was sold by a variety of institutional investors in the last quarter, including Gibraltar Capital Management Inc., Teamwork Financial Advisors LLC, and Confluence Investment Management LLC. 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.

XEC stock was bought by a variety of institutional investors in the last quarter, including New Mexico Educational Retirement Board, Raymond James Trust N.A., Harvest Management LLC, Oregon Public Employees Retirement Fund, and Fulton Bank N.A.. 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.

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.
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One share of XEC stock can currently be purchased for approximately $64.32.

Cimarex Energy has a market capitalization of $6.61 billion and generates $1.56 billion in revenue each year. The oil and gas producer earns $-1,967,460,000.00 in net income (profit) each year or $1.39 on an earnings per share basis.

Cimarex Energy employs 747 workers across the globe.

Cimarex Energy was founded in 2002.

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

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

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.