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, 2017, it had a total proved oil and gas reserves of 3.35 trillion cubic feet equivalent (Tcfe) consisting of 1.61 trillion cubic feet of natural gas, 0.82 Tcfe of oil, and 0.92 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. The company also owned interests in 3,083 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:XEC
CUSIP17179810
Phone303-295-3995
Debt
Debt-to-Equity Ratio0.54
Current Ratio1.49
Quick Ratio1.40
Price-To-Earnings
Trailing P/E Ratio17.24
Forward P/E Ratio13.70
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.92 billion
Price / Sales4.86
Cash Flow$9.7204 per share
Price / Cash10.05
Book Value$26.96 per share
Price / Book3.62
Profitability
EPS (Most Recent Fiscal Year)$4.65
Net Income$494.32 million
Net Margins26.97%
Return on Equity20.67%
Return on Assets10.56%
Miscellaneous
Employees910
Outstanding Shares95,430,000
Cimarex Energy (NYSE:XEC) Frequently Asked Questions
What is Cimarex Energy's stock symbol?
Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "XEC."
How often does Cimarex Energy pay dividends? What is the dividend yield for Cimarex Energy?
Cimarex Energy announced a quarterly dividend on Friday, May 11th. Shareholders of record on Wednesday, August 15th will be given a dividend of $0.16 per share on Friday, August 31st. This represents a $0.64 dividend on an annualized basis and a yield of 0.66%. The ex-dividend date of this dividend is Tuesday, August 14th. View Cimarex Energy's Dividend History.
How were Cimarex Energy's earnings last quarter?
Cimarex Energy Co (NYSE:XEC) announced its earnings results on Tuesday, May, 8th. The oil and gas producer reported $1.82 EPS for the quarter, topping the Zacks' consensus estimate of $1.73 by $0.09. The oil and gas producer earned $567.10 million during the quarter, compared to analyst estimates of $568.46 million. Cimarex Energy had a net margin of 26.97% and a return on equity of 20.67%. Cimarex Energy's revenue was up 26.8% on a year-over-year basis. During the same period last year, the company earned $1.05 earnings per share. View Cimarex Energy's Earnings History.
When is Cimarex Energy's next earnings date?
What price target have analysts set for XEC?
24 equities research analysts have issued twelve-month target prices for Cimarex Energy's stock. Their forecasts range from $101.00 to $180.00. On average, they anticipate Cimarex Energy's stock price to reach $136.55 in the next twelve months. View Analyst Ratings for Cimarex Energy.
Who are some of Cimarex Energy's key competitors?
Some companies that are related to Cimarex Energy include Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR), Sasol (SSL), Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Apache (APA), Noble Energy (NBL), EQT (EQT), GALP ENERGIA SG/ADR (GLPEY), Rwe Ag Sp (RWEOY) and TORAY INDUSTRIE/ADR (TRYIY).
Who are Cimarex Energy's key executives?
Cimarex Energy's management team includes the folowing people:
- Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 61)
- Mr. G. Mark Burford, VP & CFO (Age 50)
- Mr. Joseph R. Albi Jr., Exec. VP of Operations, COO & Director (Age 59)
- Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 63)
- Mr. John A. Lambuth, Sr. VP of Exploration (Age 56)
Has Cimarex Energy been receiving favorable news coverage?
News coverage about XEC stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cimarex Energy earned a daily sentiment score of 0.08 on Accern's scale. They also assigned media stories about the oil and gas producer an impact score of 44.63 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Cimarex Energy's major shareholders?
Cimarex Energy's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.58%), Diamond Hill Capital Management Inc. (5.33%), Wells Fargo & Company MN (2.04%), Victory Capital Management Inc. (1.87%), Principal Financial Group Inc. (1.82%) and Principal Financial Group Inc. (1.82%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, G Mark Burford, Gary R Abbott, Harold R Logan Jr, James H Shonsey, John Lambuth, Joseph R Albi, Krista L Johnson, L Paul Teague, Lisa A Stewart, 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 Lord Abbett & CO. LLC, Point72 Asset Management L.P., Thrivent Financial for Lutherans, Schroder Investment Management Group, Boston Partners, Caymus Capital Partners L.P., Honeywell International Inc. and OppenheimerFunds Inc.. Company insiders that have sold Cimarex Energy company stock in the last year include Francis Brian Barron, Harold R Logan Jr, John Lambuth, Joseph R Albi, Krista L Johnson, L Paul Teague, Stephen P Bell and Thomas E Jorden. View Insider Buying and Selling 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 Diamond Hill Capital Management Inc., American Century Companies Inc., Victory Capital Management Inc., Old Mutual Global Investors UK Ltd., Wells Fargo & Company MN, Baird Financial Group Inc., BlackRock Inc. and Summit Trail Advisors LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Cimarex Energy's stock price today?
One share of XEC stock can currently be purchased for approximately $97.69.
How big of a company is Cimarex Energy?
Cimarex Energy has a market capitalization of $8.95 billion and generates $1.92 billion in revenue each year. The oil and gas producer earns $494.32 million in net income (profit) each year or $4.65 on an earnings per share basis. Cimarex Energy employs 910 workers across the globe.
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.
MarketBeat Community Rating for Cimarex Energy (XEC)
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.
