Cimarex Energy

Cimarex Energy, Co. (NYSE: XEC) is a Denver-based independent exploration and production company with operations in Oklahoma, Texas, New Mexico and Kansas. The majority of our activity is currently in the Permian Basin and the Cana–Woodford shale play in western Oklahoma.  They pride ourselves on a strong technical team.  The cornerstone to the Cimarex approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled.  They continually strive to maximize cash flow from producing properties for reinvestment in drill-bit driven growth opportunities.  They rely heavily on our geoscientists to generate drilling prospects. They have decentralized exploration teams who are experts in their regions. A cornerstone to our approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. Our analysis includes estimates and assessments of potential reserve size, geologic and mechanical risks, expected costs and future production profiles.    They also believe it is important to maintain a strong financial position and conservative capital structure in order to maintain drilling activity through all price cycles. They believe that this approach will create shareholder value through growth in reserves and production.

Higher oil and gas prices aid Cimarex Energy (XEC) in the first quarter.

Cimarex Energy (XEC) Q1 Earnings & Revenues Top Estimates

DENVER, May 13, 2021 /PRNewswire/ -- Cimarex Energy Co.'s (NYSE: XEC) Board of Directors today declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend will be payable on September 1, 2021, to shareholders of record on August 13, 2021.

Cimarex Energy Co. Announces Quarterly Dividend

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Cimarex Energy's (XEC) CEO Tom Jorden on Q1 2021 Results - Earnings Call Transcript

Cimarex (XEC) delivered earnings and revenue surprises of 0.51% and 16.31%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Cimarex Energy (XEC) Q1 Earnings and Revenues Beat Estimates

DENVER, May 5, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today reported first-quarter 2021 financial and operating results. Net income for first-quarter 2021 totaled $128.1 million, or $1.25 per share.

Cimarex Energy Co. Reports First-Quarter 2021 Results

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The investment grade rating means there are no real debt issues here. There is no debt due for a few years.

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Cimarex (XEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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HOUSTON, April 15, 2021 /PRNewswire/ -- U.S. Well Services, Inc. (Nasdaq: USWS) today announced it has filed suit in the United States District Court for the Western District of Texas - Waco Division for patent infringement against Halliburton Company (NYSE: HAL) and Cimarex Energy Co. (NYSE: XEC).  The original complaint alleges infringement of multiple U.S. Well Services patents.

U.S. Well Services, Inc. files suit against Halliburton Company and Cimarex Energy Co. for patent infringement

DENVER, April 6, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) will host a conference call on Thursday, May 6, 2021, at 9:00 AM MT (11:00 AM ET) to discuss first-quarter 2021 financial and operating results. The Company plans to announce first-quarter 2021 results on Wednesday, May 5, 2021, after close of trading.

Cimarex Schedules First-Quarter 2021 Results Conference Call for Thursday, May 6, 2021

The shares of Cimarex Energy (NYSE: XEC) surpassed the pre-Covid level of $55 as OPEC announced the extension of production curtailments at its ministerial meeting on March 4. Cimarex is an independent exploration and production company with operations in Texas, New Mexico, and Oklahoma.

Pandemic Blues To Weigh On Cimarex Energy Stock

Cimarex (XEC) reported earnings 30 days ago. What's next for the stock?

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Cimarex Energy, like other shale drillers, struggled last year but the company remained profitable and delivered free cash flows. The company has a low cash flow breakeven point of under $35 per barrel and will report strong levels of free cash flows in 2021.

Cimarex Energy: A Great Oil Stock To Consider

DENVER, March 1, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that Megan Hays will join Cimarex as Vice President of Investor Relations. Megan joins Cimarex from Concho Resources Inc., where she most recently served as Vice President of Investor Relations and Public...

Cimarex Announces Megan Hays as Vice President of Investor Relations

Cimarex (XEC) expects average total production for 2021 in the range of 235-255 MBoe/d.

Cimarex (XEC) Up 9.6% After Q4 Earnings Beat on Gas Prices

Cimarex Energy Co. (XEC) CEO Tom Jorden on Q4 2020 Results - Earnings Call Transcript

Shares of Cimarex Energy (NYSE:XEC) rose in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 24.58% over the past year to $0.89, which beat the estimate of $0.68.

Recap: Cimarex Energy Q4 Earnings

DENVER, Feb. 22, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced its projected 2021 total capital investment (including midstream capital) of $650 - 750 million. The table below shows a breakdown of the projected capital by category: Capital Expenditures 2021 Guidance...

Cimarex Announces 2021 Capital Investment Plans and Production and Expense Guidance

DENVER, Feb. 22, 2021 /PRNewswire/ -- Fourth quarter oil production averaged 67.8 MBbls per day Full year oil production averaged 76.7 MBbls per day 2020 total capital investment of $577.2 million; below guidance range Generated $904.2 million of net cash from operating activities $372...

News for Cimarex Energy Stock (XEC)