NYSE:XEC Cimarex Energy Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cimarex Energy Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $23.35 -1.34 (-5.43 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$23.32Now: $23.35▼$25.0850-Day Range$24.01MA: $27.14▼$29.5952-Week Range$12.15Now: $23.35▼$55.29Volume1.05 million shsAverage Volume2.33 million shsMarket Capitalization$2.38 billionP/E RatioN/ADividend Yield3.56%Beta2.4 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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, 2018, it had a total proved reserves of 591.2 million barrels of oil equivalent, consisting of 1.59 trillion cubic feet of natural gas; 146.5 million barrels (MMBbls) of oil; and 179.4 MMBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions. The company also owned interests in 2,902 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.Read More Beat the Market (BTM) Rank™ 4.4 Analyst's Opinion Consensus RatingCimarex Energy has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 18 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.95, Cimarex Energy has a forecasted upside of 79.7% from its current price of $23.35.Amount of Analyst CoverageCimarex Energy has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesCimarex Energy has received 893 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCimarex Energy has received 720 “underperform” votes. (Add your “underperform” vote.)Community SentimentCimarex Energy has received 55.36% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend YieldCimarex Energy pays a meaningful dividend of 3.56%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCimarex Energy has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Cimarex Energy is 19.73%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cimarex Energy will have a dividend payout ratio of 35.20% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cimarex Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $351,125.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Cimarex Energy is held by insiders.Percentage Held by Institutions91.50% of the stock of Cimarex Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cimarex Energy are expected to grow by 354.55% in the coming year, from $0.55 to $2.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cimarex Energy is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cimarex Energy is -1.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCimarex Energy has a PEG Ratio of 6.96. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCimarex Energy has a P/B Ratio of 0.66. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.4Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.65 out of 5 stars 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 CIK1168054 Webwww.cimarex.com Phone303-295-3995Debt Debt-to-Equity Ratio1.16 Current Ratio0.84 Quick Ratio0.74Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio42.45 P/E Growth6.96 Sales & Book Value Annual Sales$2.36 billion Price / Sales1.01 Cash Flow$12.55 per share Price / Cash Flow1.86 Book Value$35.13 per share Price / Book0.66Profitability EPS (Most Recent Fiscal Year)$4.46 Net Income$-124,620,000.00 Net Margins-104.14% Return on Equity7.29% Return on Assets3.41%Miscellaneous Employees955 Outstanding Shares102,048,000Market Cap$2.38 billion Next Earnings Date11/2/2020 (Estimated) OptionableOptionable $23.35 -1.34 (-5.43 %) (As of 09/23/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive XEC News and Ratings via Email Sign-up to receive the latest news and ratings for XEC and its competitors with MarketBeat's FREE daily newsletter. Cimarex Energy (NYSE:XEC) Frequently Asked Questions How has Cimarex Energy's stock been impacted by COVID-19? Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, XEC stock has increased by 40.8% and is now trading at $23.35. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Cimarex Energy? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 3 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cimarex Energy. When is Cimarex Energy's next earnings date? Cimarex Energy is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020. View our earnings forecast for Cimarex Energy. How were Cimarex Energy's earnings last quarter? Cimarex Energy Co (NYSE:XEC) announced its quarterly earnings results on Wednesday, August, 5th. The oil and gas producer reported ($0.51) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.48) by $0.03. The oil and gas producer earned $249.38 million during the quarter, compared to analyst estimates of $295.21 million. Cimarex Energy had a positive return on equity of 7.29% and a negative net margin of 104.14%. View Cimarex Energy's earnings history. How often does Cimarex Energy pay dividends? What is the dividend yield for Cimarex Energy? Cimarex Energy announced a quarterly dividend on Friday, August 28th. Stockholders of record on Friday, November 13th will be paid a dividend of $0.22 per share on Tuesday, December 1st. This represents a $0.88 annualized dividend and a dividend yield of 3.77%. The ex-dividend date is Thursday, November 12th. View Cimarex Energy's dividend history. What price target have analysts set for XEC? 21 brokers have issued 12 month price objectives for Cimarex Energy's shares. Their forecasts range from $21.00 to $70.00. On average, they anticipate Cimarex Energy's stock price to reach $41.95 in the next twelve months. This suggests a possible upside of 79.7% from the stock's current price. View analysts' price targets for Cimarex Energy. Are investors shorting Cimarex Energy? Cimarex Energy saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,690,000 shares, a decrease of 13.2% from the August 15th total of 3,100,000 shares. Based on an average daily volume of 1,520,000 shares, the days-to-cover ratio is presently 1.8 days. Currently, 2.7% of the company's stock are sold short. View Cimarex Energy's Short Interest. Who are some of Cimarex Energy's key competitors? Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), EQT (EQT), Marathon Oil (MRO), Devon Energy (DVN), WPX Energy (WPX), Range Resources (RRC) and Whiting Petroleum (WLL). View all 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), ALJ Regional (ALJJ) and Gran Tierra Energy (GTE). Who are Cimarex Energy's key executives? Cimarex Energy's management team includes the following people: Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 62)Mr. G. Mark Burford, Sr. VP & CFO (Age 51)Mr. Joseph R. Albi Jr., Exec. VP of Operations, COO & Director (Age 60)Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 64)Mr. John A. Lambuth, Sr. VP of Exploration (Age 57) 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 retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.82%), Victory Capital Management Inc. (3.99%), Key Group Holdings Cayman LTD. (2.15%), Diamond Hill Capital Management Inc. (2.13%), Encompass Capital Advisors LLC (1.91%) and Principal Financial Group Inc. (1.65%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, Lisa A Stewart, Michael J/Co Sullivan, 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 Diamond Hill Capital Management Inc., Key Group Holdings Cayman LTD., Encompass Capital Advisors LLC, Balyasny Asset Management LLC, AQR Capital Management LLC, Victory Capital Management Inc., Goldman Sachs Group Inc., and Prudential Financial Inc.. Company insiders that have sold Cimarex Energy company stock in the last year include Francis Brian Barron, Joseph R Albi, and Stephen P Bell. View insider buying and selling activity for Cimarex Energy. Which major investors are buying Cimarex Energy stock? XEC stock was bought by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Bank of America Corp DE, Assenagon Asset Management S.A., MERIAN GLOBAL INVESTORS UK Ltd, First Trust Advisors LP, Point72 Asset Management L.P., Duality Advisers LP, and Vanguard Group Inc.. Company insiders that have bought Cimarex Energy stock in the last two years include Harold R Logan Jr, Lisa A Stewart, and Thomas E Jorden. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Cimarex Energy's stock price today? One share of XEC stock can currently be purchased for approximately $23.35. How big of a company is Cimarex Energy? Cimarex Energy has a market capitalization of $2.38 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. Cimarex Energy employs 955 workers across the globe. What is Cimarex Energy's official website? The official website for Cimarex Energy is www.cimarex.com. 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 9/24/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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