82.24 -0.01 (-0.01%)
After hours: 4:24PM EDT
|Bid||0.00 x 1000|
|Ask||85.00 x 800|
|Day's Range||81.39 - 84.28|
|52 Week Range||80.53 - 130.16|
|PE Ratio (TTM)||13.15|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||0.64 (0.72%)|
|1y Target Est||123.32|
Energy stocks are just beginning to pay attention to the price action, with a number of names looking vulnerable to some profit taking after an impressive rally in oil prices from the lows seen last summer. Analysts are looking for earnings of $1.17 per share on revenues of $9.7 billion. When the company last reported on July 26, earnings of $1.09 per share missed estimates by a penny on a drop in production out of Libya.
The Dow Jones Industrial Average dropped 45 points on Wednesday, as the blue-chip benchmark ended a three-day winning streak. Oil took a beating as China announced tariffs on $16 billion of U.S. goods, while Tesla (TSLA) dropped as investors tried to answer many questions that may not have any easy answers. Oh no! China put 25% tariffs on $16 billion of U.S. goods! The market is ending! Or maybe not.
Petroleum and natural gas production company, Cimarex Energy Co. (NYSE: XEC ) experienced a fall in production, as prices were hindered by local price differentials. The company's Q2 EPS missed estimates ...
U.S. stock index futures were lower on Wednesday as global trade war fears continue to dent investor confidence despite a robust second-quarter 2018 earnings season
NEW YORK, NY / ACCESSWIRE / August 8, 2018 / Cimarex Energy Co. (NYSE: XEC ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 8, 2018 at 11:00 AM Eastern Time. To ...
Cimarex Energy's (XEC) Q2 results improve year over year on the back of higher production and liquids price realizations, partially offset by lower gas price realizations.
U.S. stock index futures were flat on Wednesday, as escalating trade tensions between the United States and China overshadowed a strong showing for corporate earnings. Washington is set to begin collecting 25 percent tariffs on another $16 billion in Chinese goods on Aug. 23, to which China has vowed to retaliate to an equal degree. The latest tariffs will hit semiconductors from China, even though many of the basic chips in these products originate from the United States, Taiwan or South Korea.
Cimarex (XEC) delivered earnings and revenue surprises of -3.05% and -0.18%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Denver-based company said it had net income of $1.48 per share. Earnings, adjusted for non-recurring costs, were $1.59 per share. The results missed Wall Street expectations. The average estimate of ...
DENVER , Aug. 7, 2018 /PRNewswire/ -- Daily production averaged 211.4 MBOE; oil production up seven percent year-over-year 2018 capital guidance unchanged Oil production expected to grow 20-25 percent ...
Anadarko Petroleum (APC) reported its second-quarter earnings on July 31 after the markets closed. Crude oil price realizations in the second quarter were $68.43 per barrel compared to $47.19 per barrel in the second quarter of 2017. Anadarko Petroleum reported adjusted EPS of $0.54 in the second quarter, narrowly beating analysts’ consensus EPS estimate of $0.52.
On July 31, the API (American Petroleum Institute) released its oil inventory report after crude oil futures’ settlement on NYMEX. The API reported that US crude oil inventories rose by 5.6 MMbbls (million barrels) on July 20–27. A Reuters survey estimates that US oil inventories could have fallen by 2.8 MMbbls during the same period. The U.S. Energy Information Administration is scheduled to release its oil inventory report on August 1.
WTI (West Texas Intermediate) is the US benchmark for crude oil trading on the NYMEX. WTI is priced at Cushing, Oklahoma, which is the delivery point for WTI oil futures contracts trading on the NYMEX. WTI Midland is the price of crude oil at the Permian Basin.
Whiting Petroleum (WLL) released its second-quarter earnings on July 31 after the markets closed. In the second quarter of 2017, Whiting Petroleum reported revenues of ~$311.51 million. Whiting Petroleum’s production in the second quarter was 126.61 Mboe/d (thousand barrels of oil equivalent per day)—compared to 115 Mboe/d reported in the second quarter of 2017.
Approximately 52% of analysts covering Hess (HES) recommend “hold,” ~43% recommend “buy,” and 5% rate it as “underperform.” Their average target price of $69.24 for Hess implies a ~6.72% return over the next 12 months. In comparison, analysts’ target prices for Continental Resources (CLR), Concho Resources (CXO), Oasis Petroleum (OAS), and Cimarex Energy (XEC) imply 19.58%, 22%, ~21.85%, and ~26.34% returns over the next 12 months, respectively.
Continental Resources (CLR) is scheduled to release its second-quarter earnings on August 7 after the markets close. The company’s revenue estimate for the second quarter is ~$1.15 billion. The company had revenues of $661.49 million in the second quarter of 2017. In the first quarter, Continental Resources reported revenues of $1.14 billion.
Hess Corporation (HES) reported its second-quarter earnings on July 25. The company reported revenues of ~$1.56 billion, beating analysts’ estimates of ~$1.34 billion. Its revenues were higher on a year-over-year and sequential basis.
On July 20, short interest as a percentage of float in Oasis Petroleum (OAS) stock (its short interest ratio) was ~13.01%. In July 2017, Oasis Petroleum’s short interest ratio was 17.41%.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after crude oil rallies after briefly dipping below the $67 per barrel price level.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves after crude oil posts its third straight day of gains.