|Bid||40.85 x 800|
|Ask||41.23 x 900|
|Day's Range||38.46 - 41.30|
|52 Week Range||37.89 - 101.19|
|Beta (3Y Monthly)||1.48|
|PE Ratio (TTM)||6.68|
|Forward Dividend & Yield||0.80 (2.08%)|
|1y Target Est||N/A|
Today we are going to look at Cimarex Energy Co. (NYSE:XEC) to see whether it might be an attractive investment...
Oil and gas production has grown steadily this year for Denver-based companies drilling in Texas and Oklahoma, but revenue hasn’t kept pace due to the price of oil and natural gas. Bigger profits from the oil growth have been harder to achieve.
Cimarex (XEC) delivered earnings and revenue surprises of -31.67% and -8.20%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Higher expected production volumes from the Permian are likely to support Cimarex's (XEC) Q2 numbers, partially offset by lower anticipated realization of commodity prices.
Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...
Cimarex (XEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cimarex Energy Co (NYSE: XEC ) is facing headwinds from weakness in U.S. natural gas and natural gas liquid prices, according to Imperial Capital. The Analyst Irene Haas downgraded Cimarex Energy from ...
Statistically speaking, long term investing is a profitable endeavour. But no-one is immune from buying too high...
Independent oil and gas stocks rewarded investors handsomely in the first quarter of 2019 as the Organization of Petroleum Exporting Countries (OPEC) kept supply tight and fears of a global economic slowdown eased on the back of optimism that a trade deal breakthrough between the United States and China was on the horizon. If the latest iteration of tariff slapping between the world's two largest economic superpowers wasn't enough to pressure oil prices, U.S. government data released Wednesday that revealed a surprise surge in crude inventories was. West Texas Intermediate crude for July delivery (F*CL.NYM) plunged 5.7% yesterday – its steepest single-day decline this year – sending the share prices of oil and gas producing companies into freefall amid its sell-off.
The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […]
The federal government's EIA report revealed that crude inventories rose by 2.2 million barrels for the week ending Jun 7 to a nearly 2-year high.
It promised to be the next great shale play, but an oil-and-gas-rich area of central and south Oklahoma has confounded many of the producers lured there, with one of its biggest champions warning that its business may struggle to survive. In recent years, the SCOOP (South Central Oklahoma Oil Province) and the STACK (Sooner Trend, Anadarko, Canadian and Kingfisher) basins drew producers and private equity firms willing to wager billions of dollars on what many considered the next Permian basin, the largest and most prolific U.S. oilfield. Others are downsizing: Devon Energy Corp, for example, cut capital spending earmarked for its STACK position to 20% of the total in 2019 from 31% in 2018, according to Reuters calculations based on company presentations.