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

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, XEC shares have decreased by 1.3% and is now trading at $16.37. View which stocks have been mosted impacted by Coronavirus.

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 2 sell ratings, 4 hold ratings and 14 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 Wednesday, May 13th 2020. View our earnings forecast for Cimarex Energy.

Cimarex Energy Co (NYSE:XEC) announced its quarterly earnings data on Wednesday, February, 19th. The oil and gas producer reported $1.18 EPS for the quarter, missing the consensus estimate of $1.24 by $0.06. The oil and gas producer earned $657.20 million during the quarter, compared to analyst estimates of $626.54 million. Cimarex Energy had a negative net margin of 8.80% and a positive return on equity of 10.97%. The business's quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.98 EPS. View Cimarex Energy's earnings history.

Cimarex Energy announced 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 annualized dividend and a yield of 5.38%. The ex-dividend date is Thursday, May 14th. This is a boost from Cimarex Energy's previous quarterly dividend of $0.20. View Cimarex Energy's dividend history.

20 brokerages have issued 12-month price objectives for Cimarex Energy's stock. Their forecasts range from $17.00 to $82.00. On average, they anticipate Cimarex Energy's share price to reach $47.45 in the next twelve months. This suggests a possible upside of 189.9% from the stock's current price. View analysts' price targets for Cimarex Energy.

Media stories about XEC stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring 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 five, with scores nearest to five being the most favorable. Cimarex Energy earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media stories about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCimarex Energy.

Cimarex Energy saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 7,419,300 shares, an increase of 13.8% from the February 27th total of 6,520,000 shares. Based on an average trading volume of 2,480,000 shares, the short-interest ratio is currently 3.0 days. Approximately 7.4% of the company's stock are sold short. 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), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), EQT (EQT), Apache (APA), WPX Energy (WPX), Comstock Resources (CRK) and SRC Energy (SRCI).

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 $16.37.

Cimarex Energy has a market capitalization of $1.67 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.