Cimarex Energy (XEC) Stock Price, News & Analysis

Company Overview

Cimarex Energy Co. is an independent oil and gas exploration and production company. Its activities include drilling, completing and operating wells. It operates through the following areas: Permian Basin, Mid-Continent, and Others in Oklahoma, Texas and New Mexico. The company was founded by F. H. Merelli in February 2002 and is headquartered in Denver, CO.

Key Stats

• Today's Range: $87.20 to $87.20
• 50-Day Range: $57.83 to $90.00
• 52-Week Range: $22.39 to $92.51
• Volume: N/A
• Average Volume: 1.28 million shs
• Market Capitalization: $8.97 billion
• P/E Ratio: N/A
• Dividend Yield: 1.24%
• Price Target: N/A
• Consensus Rating: N/A

Cimarex Energy Stock Analysis - MarketRank™

Cimarex Energy scored higher than 23% of companies evaluated by MarketBeat, and ranked 233rd out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cimarex Energy.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.18%

Earnings Growth

Earnings for Cimarex Energy are expected to grow by 13.18% in the coming year, from $8.88 to $10.05 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Cimarex Energy is -256.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cimarex Energy is -256.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Cimarex Energy has a PEG Ratio of 0.49. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Cimarex Energy has a P/B Ratio of 5.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for XEC.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Cimarex Energy pays a meaningful dividend of 1.24%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cimarex Energy does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cimarex Energy is 77.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 10.75% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.7 / 5
• Environmental Score: -7.37

Short Interest

There is no current short interest data available for XEC.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 32 news articles for Cimarex Energy this week, compared to 13 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cimarex Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.00% of the stock of Cimarex Energy is held by insiders.

Percentage Held by Institutions

91.52% of the stock of Cimarex Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

XEC Stock Analysis - Frequently Asked Questions

How were Cimarex Energy's earnings last quarter?

Cimarex Energy Co. (NYSE:XEC) posted its quarterly earnings results on Thursday, August, 5th. The oil and gas producer reported $2.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.87 by $0.22. The company's revenue for the quarter was up 185.7% on a year-over-year basis.

What other stocks do shareholders of Cimarex Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cimarex Energy investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

Company Calendar

• Last Earnings: 8/05/2021
• Today: 9/22/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:XEC
• CUSIP: 17179810
• CIK: 1168054
• Web: www.cimarex.com
• Phone: (303) 295-3995
• Fax: N/A
• Employees: 747
• Year Founded: 2002

Profitability

• EPS (Most Recent Fiscal Year): $1.39
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 9.82
• P/E Growth: 0.49
• Net Income: $-1,967,460,000.00
• Net Margins: -1.19%
• Pretax Margin: N/A
• Return on Equity: 34.56%
• Return on Assets: 11.61%

Debt

• Debt-to-Equity Ratio: 1.13
• Current Ratio: 1.23
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $1.56 billion
• Price / Sales: 5.75
• Cash Flow: $18.13 per share
• Price / Cash Flow: 4.81
• Book Value: $15.23 per share
• Price / Book: 5.73

Miscellaneous

• Outstanding Shares: 102,813,000
• Free Float: N/A
• Market Cap: $8.97 billion
• Optionable: Optionable
• Beta: 2.60