|Bid||48.10 x 4000|
|Ask||48.12 x 800|
|Day's Range||47.97 - 49.24|
|52 Week Range||47.97 - 101.19|
|Beta (3Y Monthly)||1.54|
|PE Ratio (TTM)||7.31|
|Earnings Date||Aug 5, 2019|
|Forward Dividend & Yield||0.80 (1.63%)|
|1y Target Est||80.92|
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 […]
DENVER , June 20, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced it plans to report second quarter 2019 financial results on Monday, August 5, 2019 , after market close. The company ...
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.
Is Cimarex Energy Co (NYSE:XEC) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk […]
Cimarex (XEC) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Could Cimarex Energy Co. (NYSE:XEC) be an attractive dividend share to own for the long haul? Investors are often...
The federal government's EIA report revealed that crude inventories rose by 6.8 million barrels for the week ending May 31 to a nearly 2-year high.
DENVER, May 28, 2019 /PRNewswire/ -- Cimarex Energy Co. (XEC) today announced the retirement of David A. Hentschel from its Board of Directors and the appointment of Paul N. Eckley as an independent director of Cimarex effective May 31, 2019. Mr. Eckley will be a member of the Compensation and Governance Committee. Cimarex Chairman, President and Chief Executive Officer, Tom Jorden, stated, "We want to thank Dave Hentschel for his dedicated service to Cimarex since joining our Board of Directors in 2002 upon the founding of the company.
DENVER , May 23, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual ...
Cimarex Energy completed the acquisition of Resolute Energy’s 21,200 net acres in the Delaware Basin in the first quarter, Dingmann said in the note. SunTrust expects the company to increase production in 2019 and beyond and to generate free cash flow.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Chevron Chief Executive Michael Wirth's decision to opt out of a bidding war for Anadarko Petroleum Corp has raised the bar for deals, and dampened expectations that oil majors will drive a new wave of consolidation in U.S. shale. Wirth last week ruled out increasing his $33 billion offer for Anadarko after being outbid by Occidental Petroleum Corp , walking away from a company he had described as a perfect match. Chevron received a $1 billion breakup fee that it will use toward share buybacks.
Chevron, facing the failure of its $30 billion bid for Anadarko, is likely to quickly pursue takeovers of oil competitors to build out its empire.