Cimarex Energy Stock Forecast, Price & News

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last twelve months. There are currently 2 hold ratings and 18 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 drop in short interest in the month of March. As of March 31st, there was short interest totaling 2,360,000 shares, a drop of 23.1% from the March 15th total of 3,070,000 shares. Based on an average daily volume of 1,270,000 shares, the short-interest ratio is currently 1.9 days. Currently, 2.4% 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 will be holding an earnings conference call on Wednesday, May 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cimarex Energy Co. (NYSE:XEC) released its quarterly earnings data on Sunday, February, 21st. The oil and gas producer reported $0.89 earnings per share for the quarter, beating the Thomson Reuters' 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 negative net margin of 104.14% and a positive trailing twelve-month return on equity of 7.29%. The company's quarterly revenue was down 33.9% compared to the same quarter last year. During the same period 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 stock has increased by 266.5% and is now trading at $60.77.
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Cimarex Energy announced a quarterly dividend on Thursday, February 18th. Investors of record on Friday, May 14th will be paid a dividend of $0.27 per share on Tuesday, June 1st. This represents a $1.08 dividend on an annualized basis and a yield of 1.78%. The ex-dividend date of this dividend is Thursday, May 13th. This is an increase 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 1.45%. 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.

20 brokerages have issued 12-month price objectives for Cimarex Energy's shares. Their forecasts range from $21.00 to $90.00. On average, they anticipate Cimarex Energy's share price to reach $58.32 in the next year. This suggests that the stock has a possible downside of 4.0%.
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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 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), Southwestern Energy (SWN), Range Resources (RRC), SM Energy (SM), Callon Petroleum (CPE) and Whiting Petroleum (WLL).
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 (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 many different institutional and retail investors. Top institutional shareholders include Retirement Systems of Alabama (0.31%), CHURCHILL MANAGEMENT Corp (0.16%), New York State Teachers Retirement System (0.14%), Centre Asset Management LLC (0.11%), Grace & White Inc. NY (0.09%) and BOKF NA (0.05%). Company insiders that own Cimarex Energy stock include David A Hentschel, Francis Brian Barron, G Mark Burford, Harold R Logan Jr, Joseph R Albi, 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 BOKF NA, Grace & White Inc. NY, Retirement Systems of Alabama, Centre Asset Management LLC, New York State Teachers Retirement System, Private Capital Group LLC, Sippican Capital Advisors, and Pacer Advisors Inc.. Company insiders that have sold Cimarex Energy company stock in the last year include David A Hentschel, G Mark Burford, 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 Clarus Group Inc., CHURCHILL MANAGEMENT Corp, Bowling Portfolio Management LLC, International Assets Investment Management LLC, Polianta Ltd, Hanlon Investment Management Inc., Shilanski & Associates Inc., and Teamwork Financial Advisors LLC. Company insiders that have bought Cimarex Energy stock in the last two years include Harold R Logan Jr, 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 $60.77.

Cimarex Energy has a market capitalization of $6.25 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.

Cimarex Energy was founded in 2002.

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.