Cimarex Energy Co (XEC) Files 10-K for the Fiscal Year Ended on December 31, 2017

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Cimarex Energy Co (XEC) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Cimarex Energy Cois involved in the oil & gas industry. Its primary activities include oil and gas exploration and production. Cimarex Energy Co has a market cap of $9.3 billion; its shares were traded at around $97.43 with a P/E ratio of 18.79 and P/S ratio of 4.74. The dividend yield of Cimarex Energy Co stocks is 0.33%.


For the last quarter Cimarex Energy Co reported a revenue of $550.9 million, compared with the revenue of $382.2 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.9 billion, an increase of 52.6% from last year. For the last five years Cimarex Energy Co had an average revenue decline of 3% a year.

The reported diluted earnings per share was $5.19 for the year. The Cimarex Energy Co enjoyed an operating margin of 39.14%, compared with the operating margin of -45.48% a year before. The 10-year historical median operating margin of Cimarex Energy Co is 35.00%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Cimarex Energy Co has the cash and cash equivalents of $400.5 million, compared with $652.9 million in the previous year. The long term debt was $1.5 billion, compared with $1.5 billion in the previous year. The interest coverage to the debt is at a comfortable level of 14.5. Cimarex Energy Co has a financial strength rank of 6 (out of 10).

At the current stock price of $97.43, Cimarex Energy Co is traded at 15.6% premium to its historical median P/S valuation band of $84.31. The P/S ratio of the stock is 4.74, while the historical median P/S ratio is 4.11. The stock lost 25.36% during the past 12 months.

For the complete 20-year historical financial data of XEC, click here.

This article first appeared on GuruFocus.


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