NYSE:XECCimarex Energy Stock Price, Forecast & News

Cimarex Energy's stock was trading at $16.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, XEC shares have increased by 61.7% and is now trading at $26.81. View which stocks have been most impacted by Coronavirus.

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.

Cimarex Energy is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Cimarex Energy.

Cimarex Energy Co (NYSE:XEC) issued its quarterly earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.58 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.17. The oil and gas producer earned $472.83 million during the quarter, compared to the consensus estimate of $504.50 million. Cimarex Energy had a negative net margin of 44.65% and a positive return on equity of 10.09%. The firm's revenue was down 18.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.20 EPS. View Cimarex Energy's earnings history.

Cimarex Energy announced a quarterly dividend on Thursday, May 7th. Investors of record on Friday, August 14th will be given a dividend of $0.22 per share on Tuesday, September 1st. This represents a $0.88 annualized dividend and a dividend yield of 3.28%. The ex-dividend date of this dividend is Thursday, August 13th. View Cimarex Energy's dividend history.

22 Wall Street analysts have issued 1 year price targets for Cimarex Energy's stock. 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 year. This suggests a possible upside of 50.3% from the stock's current price. View analysts' price targets for Cimarex Energy.

Media headlines about XEC stock have trended somewhat positive on Monday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cimarex Energy earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutCimarex Energy.

Cimarex Energy saw a increase in short interest in the month of 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 volume of 3,700,000 shares, the days-to-cover ratio is presently 2.5 days. Currently, 9.1% of the company's stock are short sold. 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), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), EQT (EQT), WPX Energy (WPX), Southwestern Energy (SWN) and Range Resources (RRC). View all 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), ALJ Regional (ALJJ) and Gran Tierra Energy (GTE).

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 shareholders 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.

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.

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.

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 $26.81.

Cimarex Energy has a market capitalization of $2.74 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.

The official website for Cimarex Energy is 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.