NYSE:XECCimarex Energy Stock Price, Forecast & News

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, XEC shares have increased by 58.1% and is now trading at $26.22. 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) posted its quarterly earnings data on Wednesday, May, 6th. The oil and gas producer reported $0.58 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.41 by $0.17. The oil and gas producer had revenue of $472.83 million for the quarter, compared to analyst estimates of $504.50 million. Cimarex Energy had a negative net margin of 44.65% and a positive return on equity of 10.09%. The company's quarterly revenue was down 18.0% compared to the same quarter last year. During the same period in the prior year, the company earned $1.20 earnings per share. View Cimarex Energy's earnings history.

Cimarex Energy declared a quarterly dividend on Thursday, May 7th. Shareholders 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 dividend yield of 3.36%. The ex-dividend date is Thursday, August 13th. View Cimarex Energy's dividend history.

22 Wall Street analysts have issued 1 year target prices for Cimarex Energy's shares. Their forecasts range from $17.00 to $75.00. On average, they anticipate Cimarex Energy's stock price to reach $42.30 in the next year. This suggests a possible upside of 61.3% from the stock's current price. View analysts' price targets for Cimarex Energy.

Press coverage about XEC stock has trended positive this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. 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 coverage optimism score of 2.1 on InfoTrie's scale. They also assigned news articles about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news about Cimarex Energy.

Cimarex Energy saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 6,110,000 shares, a decline 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 currently 2.6 days. Approximately 6.1% of the company's shares 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), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), 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 many different retail and institutional investors. Top institutional investors include MERIAN GLOBAL INVESTORS UK Ltd (0.36%), Gibraltar Capital Management Inc. (0.13%), Envestnet Asset Management Inc. (0.09%), Sippican Capital Advisors (0.03%), Louisiana State Employees Retirement System (0.02%) 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 sold by a variety of institutional investors in the last quarter, including Gibraltar Capital Management 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.

XEC stock was purchased by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Envestnet Asset Management Inc., Sippican Capital Advisors, Ellevest Inc., and Louisiana State Employees Retirement System. 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 $26.22.

Cimarex Energy has a market capitalization of $2.68 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.