NYSE:XECCimarex Energy Stock Price, Forecast & News

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. Since then, XEC stock has increased by 53.4% and is now trading at $25.44. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 1 sell rating, 6 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cimarex Energy.

Cimarex Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cimarex Energy.

Cimarex Energy will be holding an earnings conference call on Wednesday, August 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.

Cimarex Energy Co (NYSE:XEC) announced its earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.17. The oil and gas producer earned $472.83 million during the quarter, compared to analysts' expectations of $504.50 million. Cimarex Energy had a positive return on equity of 10.09% and a negative net margin of 44.65%. The firm's revenue for the quarter was down 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.20 earnings per share. View Cimarex Energy's earnings history.

Cimarex Energy declared a quarterly dividend on Thursday, May 7th. Investors of record on Friday, August 14th will be paid a dividend of $0.22 per share on Tuesday, September 1st. This represents a $0.88 dividend on an annualized basis and a yield of 3.46%. The ex-dividend date of this dividend is Thursday, August 13th. View Cimarex Energy's dividend history.

22 Wall Street analysts have issued 1 year price objectives for Cimarex Energy's shares. Their forecasts range from $17.00 to $75.00. On average, they expect Cimarex Energy's share price to reach $41.65 in the next year. This suggests a possible upside of 63.7% from the stock's current price. View analysts' price targets for Cimarex Energy.

News coverage about XEC stock has trended very negative recently, according to InfoTrie Sentiment. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 -3.8 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news about Cimarex Energy.

Cimarex Energy saw a decrease in short interest in June. As of June 30th, there was short interest totaling 6,110,000 shares, a decrease of 23.8% from the June 15th total of 8,020,000 shares. Based on an average daily volume of 2,330,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 6.1% of the company's stock are sold short. 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Range Resources (RRC) and Southwestern Energy (SWN). View all competitors.

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

Cimarex Energy's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%) and Ellevest Inc. (0.00%). 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.

XEC stock was purchased by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., and Ellevest 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.

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 $25.44.

Cimarex Energy has a market capitalization of $2.60 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.

The official website for Cimarex Energy is 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.