Cimarex Energy Stock Forecast, Price & News

21 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, 18 buy ratings and 1 strong buy rating 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 decrease in short interest in March. As of March 31st, there was short interest totaling 2,360,000 shares, a decrease of 23.1% from the March 15th total of 3,070,000 shares. Based on an average trading volume of 1,270,000 shares, the short-interest ratio is presently 1.9 days. Approximately 2.4% of the shares of the company are short sold.
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Cimarex Energy is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Cimarex Energy.

Cimarex Energy Co. (NYSE:XEC) released its quarterly earnings data on Tuesday, May, 4th. The oil and gas producer reported $1.98 earnings per share for the quarter, topping analysts' consensus estimates of $1.97 by $0.01. The oil and gas producer had revenue of $679.47 million for the quarter, compared to analysts' expectations of $584.19 million. Cimarex Energy had a positive trailing twelve-month return on equity of 7.29% and a negative net margin of 104.14%. During the same quarter in the previous year, the business posted $0.58 earnings per share.
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 347.8% and is now trading at $74.25.
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Cimarex Energy announced a quarterly dividend on Thursday, May 13th. Shareholders of record on Friday, August 13th will be given a dividend of $0.27 per share on Wednesday, September 1st. This represents a $1.08 annualized dividend and a yield of 1.45%. The ex-dividend date is Thursday, August 12th.
View Cimarex Energy's dividend history.

Cimarex Energy pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.51%. 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 24.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 43.03% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.
View Cimarex Energy's dividend history.

21 Wall Street analysts have issued twelve-month target prices for Cimarex Energy's stock. Their forecasts range from $38.00 to $102.00. On average, they anticipate Cimarex Energy's stock price to reach $65.24 in the next year. This suggests that the stock has a possible downside of 12.1%.
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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 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), Range Resources (RRC), Southwestern Energy (SWN), Matador Resources (MTDR), 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 (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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.68%), Victory Capital Management Inc. (4.17%), Alliancebernstein L.P. (2.18%), Diamond Hill Capital Management Inc. (1.91%), Principal Financial Group Inc. (1.54%) and Bank of New York Mellon Corp (1.42%). 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 Prudential Financial Inc., Key Group Holdings Cayman LTD., Credit Suisse AG, Dimensional Fund Advisors LP, Arrowstreet Capital Limited Partnership, Diamond Hill Capital Management Inc., Assenagon Asset Management S.A., and Principal Financial Group 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., FIL Ltd, Nuveen Asset Management LLC, Bank of New York Mellon Corp, Alliancebernstein L.P., Waddell & Reed Financial Inc., Bank of Montreal Can, and Goldman Sachs Group Inc.. 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 $74.25.

Cimarex Energy has a market capitalization of $7.63 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.