Cimarex Energy Stock Forecast, Price & News

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last twelve months. There are currently 4 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cimarex Energy stock.
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Cimarex Energy saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 3,270,000 shares, an increase of 16.4% from the December 31st total of 2,810,000 shares. Based on an average trading volume of 1,470,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 3.3% of the company's shares are sold short.
View Cimarex Energy's Short Interest.

Cimarex Energy is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Cimarex Energy.

Cimarex Energy Co. (NYSE:XEC) posted its quarterly earnings data on Sunday, February, 21st. The oil and gas producer reported $0.89 EPS for the quarter, topping the Zacks' consensus estimate of $0.71 by $0.18. The oil and gas producer had revenue of $434.70 million for the quarter, compared to the consensus estimate of $421.94 million. Cimarex Energy had a positive trailing twelve-month return on equity of 7.29% and a negative net margin of 104.14%. Cimarex Energy's revenue for the quarter was down 33.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.18 EPS.
View Cimarex Energy's earnings history.

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, XEC shares have increased by 274.0% and is now trading at $62.01.
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Cimarex Energy declared a quarterly dividend on Thursday, February 18th. Investors of record on Friday, May 14th will be given a dividend of $0.27 per share on Tuesday, June 1st. This represents a $1.08 annualized dividend and a yield of 1.74%. The ex-dividend date is Thursday, May 13th. This is a boost from Cimarex Energy's previous quarterly dividend of $0.22.
View Cimarex Energy's dividend history.

Cimarex Energy pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.47%. Cimarex Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Cimarex Energy is 19.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 35.06% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.
View Cimarex Energy's dividend history.

23 equities research analysts have issued 1-year price objectives for Cimarex Energy's shares. Their forecasts range from $21.00 to $78.00. On average, they expect Cimarex Energy's share price to reach $48.00 in the next year. This suggests that the stock has a possible downside of 22.6%.
View analysts' price targets for Cimarex Energy or view top-rated stocks among Wall Street analysts.

26 employees have rated Cimarex Energy CEO Thomas E. Jorden on Glassdoor.com. Thomas E. Jorden has an approval rating of 87% among Cimarex Energy's employees. 68.0% of employees surveyed would recommend working at Cimarex Energy to a friend.

Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Cabot Oil & Gas (COG), EQT (EQT), PDC Energy (PDCE), Matador Resources (MTDR), Range Resources (RRC), Southwestern Energy (SWN), SM Energy (SM) and Callon Petroleum (CPE).
View all of XEC's 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 Co. (ATH.TO) (ATH), Micron Technology (MU), Transocean (RIG) and ALJ Regional (ALJJ).

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

Cimarex Energy's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.51%), Victory Capital Management Inc. (4.34%), Diamond Hill Capital Management Inc. (2.25%), Alliancebernstein L.P. (1.94%), Principal Financial Group Inc. (1.81%) and Principal Financial Group Inc. (1.81%). Company insiders that own Cimarex Energy stock include David A Hentschel, Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, Lisa A Stewart, 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 Dimensional Fund Advisors LP, Diamond Hill Capital Management Inc., Renaissance Technologies LLC, Alyeska Investment Group L.P., Alyeska Investment Group L.P., Engineers Gate Manager LP, Voloridge Investment Management LLC, and Janney Montgomery Scott LLC. Company insiders that have sold Cimarex Energy company stock in the last year include David A Hentschel, Joseph R Albi, and Stephen P Bell.
View insider buying and selling activity for Cimarex Energy or view top insider-selling stocks.

XEC stock was purchased by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., JPMorgan Chase & Co., Equity Investment Corp, Artemis Investment Management LLP, Charles Schwab Investment Management Inc., Foundry Partners LLC, Victory Capital Management Inc., and Retirement Systems of Alabama. 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 or or view top insider-buying stocks.

Shares of XEC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of XEC stock can currently be purchased for approximately $62.01.

Cimarex Energy has a market capitalization of $6.38 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 747 workers across the globe.

The official website for Cimarex Energy is www.cimarex.com.

Cimarex Energy is headquartered at 1700 LINCOLN STREET SUITE 3700, DENVER CO, 80203.

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.