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 stock has increased by 65.8% and is now trading at $27.49. 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 Monday, August 3rd 2020. View our earnings forecast for Cimarex Energy.

Cimarex Energy Co (NYSE:XEC) issued its earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.58 EPS for the quarter, topping the Thomson Reuters' 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 business's quarterly revenue was down 18.0% on a year-over-year basis. During the same period last year, the company posted $1.20 earnings per share. View Cimarex Energy's earnings history.

Cimarex Energy announced a quarterly dividend on Thursday, May 7th. Stockholders of record on Friday, August 14th will be given a dividend of $0.22 per share on Tuesday, September 1st. This represents a $0.88 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Thursday, August 13th. View Cimarex Energy's dividend history.

22 analysts have issued 1-year price objectives for Cimarex Energy's shares. Their forecasts range from $17.00 to $75.00. On average, they anticipate Cimarex Energy's share price to reach $41.48 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price. View analysts' price targets for Cimarex Energy.

News headlines about XEC stock have been trending very negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cimarex Energy earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Cimarex Energy.

Cimarex Energy saw a increase in short interest in June. As of June 15th, there was short interest totaling 8,020,000 shares, an increase of 13.3% from the May 31st total of 7,080,000 shares. Based on an average daily volume of 2,920,000 shares, the days-to-cover ratio is currently 2.7 days. Approximately 8.0% of the shares of the company are short sold. 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), WPX Energy (WPX), EQT (EQT), 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."

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 $27.49.

Cimarex Energy has a market capitalization of $2.81 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.