NYSE:XEC

Cimarex Energy Stock Forecast, Price & News

$77.48
+1.58 (+2.08 %)
(As of 09/22/2021 12:00 AM ET)
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Today's Range
$76.80
$78.55
50-Day Range
$57.83
$80.12
52-Week Range
$22.39
$80.50
Volume1.05 million shs
Average Volume1.22 million shs
Market Capitalization$7.97 billion
P/E RatioN/A
Dividend Yield1.42%
Beta2.6
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Cimarex Energy logo

About Cimarex Energy

Cimarex Energy Co. is an independent oil and gas exploration and production company. Its activities include drilling, completing and operating wells. It operates through the following areas: Permian Basin, Mid-Continent, and Others in Oklahoma, Texas and New Mexico. The company was founded by F. H. Merelli in February 2002 and is headquartered in Denver, CO.

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MarketRank

Overall MarketRank

2.75 out of 5 stars

Oils/Energy Sector

33rd out of 346 stocks

Crude Petroleum & Natural Gas Industry

13th out of 111 stocks

Analyst Opinion: 2.3Community Rank: 4.8Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 2.5 5 -4 -3 -2 -1 -
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Cimarex Energy (NYSE:XEC) Frequently Asked Questions

Is Cimarex Energy a buy right now?

23 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 1 sell rating, 8 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research 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 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.
View MarketBeat's top stock picks here.

Are investors shorting Cimarex Energy?

Cimarex Energy saw a increase in short interest in August. As of August 13th, there was short interest totaling 2,800,000 shares, an increase of 19.7% from the July 29th total of 2,340,000 shares. Based on an average trading volume of 1,250,000 shares, the days-to-cover ratio is currently 2.2 days. Approximately 2.8% of the company's shares 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, November 3rd 2021.
View our earnings forecast for Cimarex Energy
.

How were Cimarex Energy's earnings last quarter?

Cimarex Energy Co. (NYSE:XEC) posted its quarterly earnings results on Thursday, August, 5th. The oil and gas producer reported $2.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.87 by $0.22. The oil and gas producer earned $712.38 million during the quarter, compared to analysts' expectations of $616.83 million. Cimarex Energy had a positive trailing twelve-month return on equity of 34.56% and a negative net margin of 1.19%. The firm's quarterly revenue was up 185.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.51) earnings per share.
View Cimarex Energy's earnings history
.

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

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, XEC stock has increased by 367.3% and is now trading at $77.48.
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 declared a quarterly dividend on Thursday, May 13th. Shareholders 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 dividend on an annualized basis and a yield of 1.39%. The ex-dividend date is Thursday, August 12th.
View Cimarex Energy's dividend history
.

Is Cimarex Energy a good dividend stock?

Cimarex Energy pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.42%. 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 10.75% 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?

23 analysts have issued 1 year price objectives for Cimarex Energy's stock. Their forecasts range from $38.00 to $102.00. On average, they anticipate Cimarex Energy's share price to reach $77.67 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price.
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:
  • Thomas E. Jorden, Chairman, President & Chief Executive Officer
  • Blake A. Sirgo, Vice President-Operations
  • G. Mark Burford, Chief Financial Officer & Senior Vice President
  • Gary R. Abbott, Vice President-Corporate Engineering
  • Francis Brian Barron, Secretary, Senior Vice President & General Counsel

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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.96%), BlackRock Inc. (8.71%), State Street Corp (4.53%), Victory Capital Management Inc. (3.93%), Alliancebernstein L.P. (2.00%) and Diamond Hill Capital Management Inc. (1.78%). Company insiders that own Cimarex Energy stock include David A Hentschel, Francis Brian Barron, G Mark Burford, Harold R Logan Jr, John Lambuth, Joseph R Albi, 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 BlackRock Inc., Prudential Financial Inc., Frontier Capital Management Co. LLC, Merewether Investment Management LP, Kimmeridge Energy Management Company LLC, American Century Companies Inc., Nuveen Asset Management LLC, and SIR Capital Management L.P.. Company insiders that have sold Cimarex Energy company stock in the last year include David A Hentschel, G Mark Burford, John Lambuth, Joseph R Albi, and Stephen P Bell.
View insider buying and selling activity for Cimarex Energy
or view top insider-selling stocks.

Which institutional investors are buying Cimarex Energy stock?

XEC stock was bought by a variety of institutional investors in the last quarter, including Versor Investments LP, Vanguard Group Inc., Mason Capital Management LLC, Balyasny Asset Management LLC, Water Island Capital LLC, Weiss Multi Strategy Advisers LLC, Citigroup Inc., and LMR Partners LLP. 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 $77.48.

How much money does Cimarex Energy make?

Cimarex Energy has a market capitalization of $7.97 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.

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 9/23/2021 by MarketBeat.com Staff
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