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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:XEC
Previous Symbol
CUSIP17179810
Phone303-295-3995
Debt
Debt-to-Equity Ratio0.49
Current Ratio1.69
Quick Ratio1.62
Price-To-Earnings
Trailing P/E Ratio15.66
Forward P/E Ratio10.20
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.92 billion
Price / Sales3.63
Cash Flow$9.0335 per share
Price / Cash Flow8.06
Book Value$26.96 per share
Price / Book2.70
Profitability
EPS (Most Recent Fiscal Year)$4.65
Net Income$494.32 million
Net Margins28.70%
Return on Equity23.33%
Return on Assets12.10%
Miscellaneous
Employees910
Outstanding Shares95,600,000
Market Cap$7.19 billion
OptionableOptionable
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 declared a quarterly dividend on Thursday, December 6th. Stockholders of record on Friday, February 15th will be paid a dividend of $0.18 per share on Friday, March 1st. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.99%. The ex-dividend date is Thursday, February 14th. View Cimarex Energy's Dividend History.
How were Cimarex Energy's earnings last quarter?
Cimarex Energy Co (NYSE:XEC) posted its earnings results on Tuesday, November, 6th. The oil and gas producer reported $1.99 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.52 by $0.47. The oil and gas producer had revenue of $591.50 million for the quarter, compared to analysts' expectations of $561.67 million. Cimarex Energy had a net margin of 28.70% and a return on equity of 23.33%. The business's revenue was up 27.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 EPS. View Cimarex Energy's Earnings History.
When is Cimarex Energy's next earnings date?
What price target have analysts set for XEC?
23 analysts have issued 1-year price objectives for Cimarex Energy's stock. Their forecasts range from $88.00 to $175.00. On average, they expect Cimarex Energy's share price to reach $121.70 in the next year. This suggests a possible upside of 67.1% from the stock's current price. View Analyst Price Targets for Cimarex Energy.
What is the consensus analysts' recommendation for Cimarex Energy?
23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 8 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cimarex Energy.
Has Cimarex Energy been receiving favorable news coverage?
Headlines about XEC stock have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring 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 nearest to five being the most favorable. Cimarex Energy earned a media sentiment score of 1.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.
Who are some of Cimarex Energy's key competitors?
Some companies that are related to Cimarex Energy include Anadarko Petroleum (APC), Concho Resources (CXO), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Marathon Oil (MRO), Rwe Ag Sp (RWEOY), Devon Energy (DVN), GALP ENERGIA SG/ADR (GLPEY), Apache (APA), TORAY INDUSTRIE/ADR (TRYIY), Noble Energy (NBL), Cabot Oil & Gas (COG) and Diamondback Energy (FANG).
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, 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)
Who are Cimarex Energy's major shareholders?
Cimarex Energy's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.48%), BlackRock Inc. (6.55%), Diamond Hill Capital Management Inc. (5.88%), Capital International Investors (4.71%), International Value Advisers LLC (3.20%) and FMR LLC (2.93%). Company insiders that own Cimarex Energy stock include Francis Brian Barron, Harold R Logan Jr, 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 institutional investors are selling Cimarex Energy stock?
XEC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Capital World Investors, FMR LLC, BlackRock Inc., AQR Capital Management LLC, Los Angeles Capital Management & Equity Research Inc., First Quadrant L P CA and Retirement Systems of Alabama. Company insiders that have sold Cimarex Energy company stock in the last year include Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, Krista L Johnson, L Paul Teague and Thomas E Jorden. View Insider Buying and Selling for Cimarex Energy.
Which institutional investors are buying Cimarex Energy stock?
XEC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Caymus Capital Partners L.P., Brown Advisory Inc., International Value Advisers LLC, Dimensional Fund Advisors LP, Alliancebernstein L.P., Diamond Hill Capital Management Inc. and Unigestion Holding SA. 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 $72.81.
How big of a company is Cimarex Energy?
Cimarex Energy has a market capitalization of $7.19 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.
What is Cimarex Energy's official website?
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 (NYSE 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.
