NYSE:XEC - Cimarex Energy Stock Price, Forecast & News

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

Cimarex Energy declared a quarterly dividend on Wednesday, February 19th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.22 per share on Monday, June 1st. This represents a $0.88 dividend on an annualized basis and a yield of 2.60%. The ex-dividend date of this dividend is Thursday, May 14th. This is a boost from Cimarex Energy's previous quarterly dividend of $0.20. View Cimarex Energy's Dividend History.

Cimarex Energy Co (NYSE:XEC) issued its earnings results on Wednesday, February, 19th. The oil and gas producer reported $1.18 EPS for the quarter, missing the Zacks' consensus estimate of $1.24 by $0.06. The oil and gas producer earned $657.20 million during the quarter, compared to the consensus estimate of $626.54 million. Cimarex Energy had a negative net margin of 8.80% and a positive return on equity of 10.97%. Cimarex Energy's revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the company posted $1.98 earnings per share. View Cimarex Energy's Earnings History.

Cimarex Energy is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for Cimarex Energy.

18 brokerages have issued 1 year price objectives for Cimarex Energy's shares. Their forecasts range from $51.00 to $82.00. On average, they anticipate Cimarex Energy's stock price to reach $64.88 in the next twelve months. This suggests a possible upside of 91.5% from the stock's current price. View Analyst Price Targets for Cimarex Energy.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 1 sell rating, 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cimarex Energy.

News headlines about XEC stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 -4.0 on InfoTrie's scale. They also gave news coverage about the oil and gas producer a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Cimarex Energy.

Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Kosmos Energy (KOS), Matador Resources (MTDR) and EQT (EQT).

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's stock is owned by a number of of institutional and retail investors. Top institutional investors include Boston Partners (7.72%), State Street Corp (5.44%), Diamond Hill Capital Management Inc. (5.11%), Victory Capital Management Inc. (4.26%), Victory Capital Management Inc. (4.23%) and Principal Financial Group Inc. (1.97%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, L Paul Teague, 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 Bank of America Corp DE, Diamond Hill Capital Management Inc., Point72 Asset Management L.P., FMR LLC, Sumitomo Mitsui Trust Holdings Inc., Janus Henderson Group PLC, State Street Corp and Boston Partners. Company insiders that have sold Cimarex Energy company stock in the last year include Francis Brian Barron, Harold R Logan Jr, Joseph R Albi and Stephen P Bell. View Insider Buying and Selling for Cimarex Energy.

XEC stock was purchased by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Marshall Wace North America L.P., Man Group plc, Thrivent Financial for Lutherans, Snow Capital Management LP, Prudential Financial Inc., Bank of Montreal Can and Waratah Capital Advisors Ltd.. View Insider Buying and Selling 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 $33.87.

Cimarex Energy has a market capitalization of $3.45 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.View Additional Information About Cimarex Energy.

The official website for Cimarex Energy is http://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.