NYSE:XECCimarex Energy Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cimarex Energy Co Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $27.43 +1.15 (+4.38 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$25.86Now: $27.43▼$27.8150-Day Range$17.96MA: $23.52▼$27.5052-Week Range$12.15Now: $27.43▼$61.16Volume1.23 million shsAverage Volume2.92 million shsMarket Capitalization$2.80 billionP/E RatioN/ADividend Yield3.35%Beta2.3 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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, 2018, it had a total proved reserves of 591.2 million barrels of oil equivalent, consisting of 1.59 trillion cubic feet of natural gas; 146.5 million barrels (MMBbls) of oil; and 179.4 MMBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions. The company also owned interests in 2,902 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.Read More Beat the Market (BTM) Rank™ 4.3 Analyst's Opinion Consensus RatingCimarex Energy has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 15 buy ratings, 5 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $40.30, Cimarex Energy has a potential upside of 46.9% from its current price of $27.43.Amount of Analyst CoverageCimarex Energy has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesCimarex Energy has received 881 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCimarex Energy has received 712 “underperform” votes. (Add your “underperform” vote.)Community SentimentCimarex Energy has received 55.30% “outperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipCimarex Energy is a leading dividend payer. It pays a dividend yield of 3.35%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCimarex Energy has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Cimarex Energy is 19.73 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on EPS estimates, Cimarex Energy will have a dividend payout ratio of 179.59 % in the coming year. This indicates that Cimarex Energy may not be able to sustain their current dividend. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cimarex Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought $440,279.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.00% of the stock of Cimarex Energy is held by insiders.Percentage Held by Institutions95.58% of the stock of Cimarex Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Cimarex Energy are expected to grow in the coming year, from ($0.46) to $0.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cimarex Energy is -2.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cimarex Energy is -2.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCimarex Energy has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.3Community Rank: 2.8Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.97 out of 5 stars 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 CIK1168054 Webwww.cimarex.com Phone303-295-3995Debt Debt-to-Equity Ratio0.78 Current Ratio1.08 Quick Ratio1.01Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$2.36 billion Price / Sales1.19 Cash Flow$13.65 per share Price / Cash Flow2.01 Book Value$35.13 per share Price / Book0.78Profitability EPS (Most Recent Fiscal Year)$4.46 Net Income$-124,620,000.00 Net Margins-44.65% Return on Equity10.09% Return on Assets4.98%Miscellaneous Employees955 Outstanding Shares102,101,000Market Cap$2.80 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable XEC Rates by TradingView Receive XEC News and Ratings via Email Sign-up to receive the latest news and ratings for XEC and its competitors with MarketBeat's FREE daily newsletter. Cimarex Energy (NYSE:XEC) Frequently Asked Questions How has Cimarex Energy's stock been impacted by COVID-19 (Coronavirus)? Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, XEC stock has increased by 65.4% and is now trading at $27.43. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cimarex Energy? 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. When is Cimarex Energy's next earnings date? Cimarex Energy is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Cimarex Energy. How were Cimarex Energy's earnings last quarter? Cimarex Energy Co (NYSE:XEC) posted its earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.58 earnings per share for the quarter, beating the Zacks' 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 negative net margin of 44.65% and a positive return on equity of 10.09%. The company's revenue for the quarter was down 18.0% compared to the same quarter last year. During the same period last year, the business posted $1.20 earnings per share. View Cimarex Energy's earnings history. How often does Cimarex Energy pay dividends? What is the dividend yield for Cimarex Energy? Cimarex Energy declared a quarterly dividend on Thursday, May 7th. Stockholders 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 annualized dividend and a yield of 3.21%. The ex-dividend date is Thursday, August 13th. View Cimarex Energy's dividend history. What price target have analysts set for XEC? 22 analysts have issued 1 year target prices 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 $40.30 in the next twelve months. This suggests a possible upside of 46.9% from the stock's current price. View analysts' price targets for Cimarex Energy. Has Cimarex Energy been receiving favorable news coverage? Press coverage about XEC stock has trended somewhat positive on Monday, according to InfoTrie Sentiment. The research group ranks the sentiment of news 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 news sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCimarex Energy. Are investors shorting Cimarex Energy? Cimarex Energy saw a increase in short interest in 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 trading volume, of 3,700,000 shares, the short-interest ratio is currently 2.5 days. Currently, 9.1% of the shares of the company are short sold. View Cimarex Energy's Current Options Chain. Who are some of Cimarex Energy's key competitors? 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), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), WPX Energy (WPX), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors. What other stocks do shareholders of Cimarex Energy own? 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). Who are Cimarex Energy's key executives? Cimarex Energy's management team includes the following people: Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 62)Mr. G. Mark Burford, Sr. VP & CFO (Age 51)Mr. Joseph R. Albi Jr., Exec. VP of Operations, COO & Director (Age 60)Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 64)Mr. John A. Lambuth, Sr. VP of Exploration (Age 57) What is Cimarex Energy's stock symbol? Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "XEC." Who are Cimarex Energy's major shareholders? Cimarex Energy's stock is owned by a number 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. Which major investors are selling Cimarex Energy stock? 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. Which major investors are buying Cimarex Energy stock? 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. 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, Robinhood, Fidelity, and Charles Schwab. What is Cimarex Energy's stock price today? One share of XEC stock can currently be purchased for approximately $27.43. How big of a company is Cimarex Energy? Cimarex Energy has a market capitalization of $2.80 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. What is Cimarex Energy's official website? The official website for Cimarex Energy is www.cimarex.com. 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. This page was last updated on 6/1/2020 by MarketBeat.com Staff
