Last $115.60 USD
Change Today -2.67 / -2.26%
Volume 1.1M
XEC On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

cimarex energy co (XEC) Snapshot

Open
$116.80
Previous Close
$118.27
Day High
$117.49
Day Low
$115.42
52 Week High
07/24/14 - $150.71
52 Week Low
01/13/14 - $92.38
Market Cap
10.1B
Average Volume 10 Days
1.4M
EPS TTM
$7.34
Shares Outstanding
87.2M
EX-Date
11/12/14
P/E TM
15.8x
Dividend
$0.64
Dividend Yield
0.54%
Current Stock Chart for CIMAREX ENERGY CO (XEC)

cimarex energy co (XEC) Related Bloomberg News

View More Bloomberg News

cimarex energy co (XEC) Related Businessweek News

No Related Businessweek News Found

cimarex energy co (XEC) Details

Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. The company owns interests in 4,160 net productive oil and gas wells. As of December 31, 2013, it had a total proved oil and gas reserves of 2.5 trillion cubic feet equivalent, consisting of 1.3 trillion cubic feet of natural gas; 108,533 thousand barrels (MBbls) of oil; and 92,044 MBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions. The company was founded in 2002 and is headquartered in Denver, Colorado.

908 Employees
Last Reported Date: 02/26/14
Founded in 2002

cimarex energy co (XEC) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $751.6K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $463.5K
Chief Operating Officer, Executive Vice Presi...
Total Annual Compensation: $523.1K
Executive Vice President of Business Developm...
Total Annual Compensation: $428.7K
Vice President of Exploration
Total Annual Compensation: $368.7K
Compensation as of Fiscal Year 2013.

cimarex energy co (XEC) Key Developments

ConocoPhillips Seeks Buyer For Assets In Delaware Basin

ConocoPhillips (NYSE:COP) is looking for buyers for its assets in Delaware Basin for around $175 million, according to a Tweet from Claire Poole, senior writer at The Deal. Cimarex Energy Co. (NYSE:XEC), Concho Resources, Inc. (NYSE:CXO), and Carrizo Oil & Gas Inc. (NasdaqGS:CRZO) were listed as potential bidders.

Cimarex Energy Co. Reports Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Production Guidance for the Fourth Quarter and Full Year 2014

Cimarex Energy Co. reported unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenues of $649,740,000 compared to $561,336,000 a year ago. Operating income was $228,773,000 compared to $224,598,000 a year ago. Income before income tax was $229,022,000 compared to $220,193,000 a year ago. Net income was $144,315,000 or $1.65 basic and diluted per share compared to $138,370,000 or $1.59 basic and diluted per share a year ago. Net cash provided by operating activities was $502,201,000 compared to $370,962,000 a year ago. Oil and gas expenditures were $492,390,000 compared to $389,417,000 a year ago. Adjusted net income was $134,175,000 or $1.53 per diluted share against $141,339,000 or $1.62 per diluted share a year ago. Adjusted cash flow from operations was $439.7 versus $394.0 million a year ago. For the nine months period, the company reported revenues of $1,885,625,000 compared to $1,481,449,000 a year ago. Operating income was $689,190,000 compared to $573,244,000 a year ago. Income before income tax was $685,622,000 compared to $569,477,000 a year ago. Net income was $431,412,000 or $4.94 basic and diluted per share compared to $357,862,000 or $4.12 diluted per share a year ago. Net cash provided by operating activities was $1,271,970,000 compared to $940,748,000 a year ago. Oil and gas expenditures were $1,630,929,000 compared to $1,165,555,000 a year ago. Adjusted net income was $429,062,000 or $4.91 per diluted share against $351,676,000 or $4.05 per diluted share a year ago. Adjusted cash flow from operations was $1,291,752,000 compared to $1,032,719,000 a year ago. For the quarter, the company’s total production of gas was 43,094 MMcf against 31,908 MMcf a year ago. Total production of oil was 3,990,590 Bbls against 3,614,865 Bbls a year ago. Total production of NGLs was 3,277,701 Bbls against 2,058,331 Bbls a year ago. For the nine months period, the company’s total production of gas was 112,385 MMcf against 92,914 MMcf a year ago. Total production of oil was 11,315,817 Bbls against 9,954,625 Bbls a year ago. Total production of NGLs was 8,231,095 Bbls against 5,883,094 Bbls a year ago. After adjusting for property sales (25-30 MMcfe per day) and weather-related production and well completion delays, fourth quarter 2014 volumes are projected to average 930 MMcfe 955 per day MMcfe per day. Incorporating updated fourth quarter guidance, full year production is now estimated to average 864 MMcfe per day to 870 MMcfe per day, a mid-point increase of 25% over 2013.

Cimarex Energy Co. to Report Q3, 2014 Results on Nov 04, 2014

Cimarex Energy Co. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Nov 04, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
XEC:US $115.60 USD -2.67

XEC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Concho Resources Inc $112.15 USD -3.24
Murphy Oil Corp $51.58 USD -0.86
Range Resources Corp $68.76 USD -0.15
Regency Energy Partners LP $29.77 USD +0.30
Southwestern Energy Co $32.65 USD -0.38
View Industry Companies
 

Industry Analysis

XEC

Industry Average

Valuation XEC Industry Range
Price/Earnings 15.8x
Price/Sales 4.1x
Price/Book 2.3x
Price/Cash Flow 7.2x
TEV/Sales 3.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CIMAREX ENERGY CO, please visit www.cimarex.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.