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 94.5% and is now trading at $32.25. 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 2 sell ratings, 5 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) announced its quarterly earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.58 EPS for the quarter, beating the consensus estimate of $0.41 by $0.17. The oil and gas producer had revenue of $472.83 million for 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%. Cimarex Energy's revenue for the quarter was down 18.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.20 earnings per share. View Cimarex Energy's earnings history.

Cimarex Energy declared a quarterly dividend on Thursday, May 7th. Investors 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 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Thursday, August 13th. View Cimarex Energy's dividend history.

22 brokerages have issued twelve-month price objectives for Cimarex Energy's shares. Their forecasts range from $17.00 to $75.00. On average, they expect Cimarex Energy's share price to reach $39.04 in the next year. This suggests a possible upside of 21.1% from the stock's current price. View analysts' price targets for Cimarex Energy.

News coverage about XEC stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cimarex Energy earned a daily sentiment score of 2.4 on InfoTrie's scale. They also assigned media headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutCimarex Energy.

Cimarex Energy saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 9,140,000 shares, an increase of 13.3% from the April 30th total of 8,070,000 shares. Based on an average daily volume of 3,700,000 shares, the short-interest ratio is presently 2.5 days. Approximately 9.1% of the company's shares 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), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), WPX Energy (WPX), EQT (EQT), Southwestern Energy (SWN) and Range Resources (RRC). 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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.97%), State Street Corp (4.66%), Victory Capital Management Inc. (4.26%), Victory Capital Management Inc. (4.26%), Diamond Hill Capital Management Inc. (3.63%) and International Value Advisers LLC (1.96%). 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 Diamond Hill Capital Management Inc., Invesco Ltd., Janus Henderson Group PLC, State Street Corp, Geode Capital Management LLC, Principal Financial Group Inc., Paloma Partners Management Co, and International Value Advisers LLC. 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Deutsche Bank AG, Balyasny Asset Management LLC, JPMorgan Chase & Co., Wellington Management Group LLP, Fuller & Thaler Asset Management Inc., AQR Capital Management LLC, and Thrivent Financial for Lutherans. 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 $32.25.

Cimarex Energy has a market capitalization of $3.29 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.