|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||90.76 - 93.00|
|52 Week Range||87.98 - 130.16|
|PE Ratio (TTM)||17.72|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||0.64 (0.65%)|
|1y Target Est||128.77|
Cimarex Energy (XEC) to sell Ward County properties for $570 million as the prospects require more capital than other projects.
On May 23, the EIA released its weekly US crude oil production data. The EIA reported that US crude oil production increased by 2,000 bpd (barrels per day) to a record high of 10,725,000 bpd on May 11–18. The production also increased by 1,405,000 bpd or ~15.1% year-over-year.
In this part, we’ll discuss Cimarex Energy (XEC), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), Penn Virginia (PVAC), and EOG Resources’ (EOG) stock performances. These stocks reported the highest EPS (earnings per share) in the first quarter.
"The sale of the Ward County assets is part of our continuous portfolio optimization and high-grading of our investment opportunities," said Tom Jorden, Cimarex Chairman, President and CEO. Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S.
The API released its US gasoline and distillate inventory data on May 22. The API reported that US gasoline inventories increased by ~0.98 MMbbls on May 11–18. Reuters estimates that US gasoline inventories could have declined by ~1.38 MMbbls during the same period.
Don't underestimate the effects of trade on the stock market, Jim Cramer told his Mad Money viewers Monday. Remove the likelihood of a trade war, as we saw today, and stocks will soar, Cramer said, and not just the ones you'd think. Investors have been fretting about the possibility of an all-out trade war with China for weeks, but if today's talks of a truce are for real, there will be a lot of winners, Cramer said.
In this daily bar chart of XEC, below, we can see that prices have been trading recently between the slightly rising 50-day moving average line and the flat 200-day line. The daily On-Balance-Volume (OBV) line recently inched up to a slight new high telling me that buyers of XEC have become more aggressive and this may be enough to tip the scales in favor of the bulls. The Moving Average Convergence Divergence (MACD) oscillator is above the zero line in positive territory and the next move up in price should generate a bullish crossing of the two averages.
The API released its US gasoline and distillate inventory data on May 15. The API reported that US gasoline inventories decreased by ~3.4 MMbbls on May 4–11. Analysts estimate that US gasoline inventories could have declined by ~1.4 MMbbls during the same period.
DENVER , May 11, 2018 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.16 per share. The dividend ...
On May 9, the EIA released its weekly US crude oil production data. The EIA reported that US crude oil production increased by 84,000 bpd (barrels per day) to a record high of 10,703,000 bpd on April 27–May 4. The production also increased by 1,389,000 bpd or ~15% YoY (year-over-year).
DENVER , May 8, 2018 /PRNewswire/ -- Daily production averaged 206.1 MBOE; oil production up 25% Y-O-Y Sales Agreements in place for bulk of Permian gas production Robust Avalon well results in Lea County ...
The EIA released its weekly US crude oil production data on May 2. It reported that US crude oil production increased by 33,000 bpd (barrels per day) to a record high of 10,619,000 bpd from April 20 to 27. Production also increased by 1,326,000 bpd or ~14.2% year-over-year.
DENVER , April 5, 2018 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced it plans to report first quarter 2018 financial results on Tuesday, May 8, 2018 , after market close. The company will ...
In December 2017, Cimarex Energy Co (NYSE:XEC) released its most recent earnings announcement, which signalled that the company finally turned profitable after delivering losses on average over the past coupleRead More...
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance's Seana Smith to break down the latest market moves.