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Cimarex Energy (XEC) is looking good heading into 2020 when it could grow oil production while generating strong levels of free cash flows, just like it did in Q4-2019.
DENVER, June 2, 2021 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that Tom Jorden, Chairman, President and CEO, will present at the 2021 Virtual Wells Fargo Energy Conference ...
The combined Cimarex-Cabot company expects support to its free cash flow outlook of about $4.7 billion from 2022 to 2024 at $55 per barrel of U.S. oil prices and $2.75 per million Btu.
Cimarex once predicted capital spending between $1.25 billion and $1.35 billion this year. It has now pared that to $500 million to $800 million. What this means for production When Cimarex issued ...
Cimarex shares traded up about 1.5% late Tuesday morning, at $25.12 in a 52-week range of $12.15 to $55.29 and with a consensus price target of $41.06. The company pays a dividend yield of 3.53%.
Cimarex expects to grow production by 13% in 2017, including oil production growth of 24.5% at the midpoint of guidance. Natural gas and NGLs are expected to grow by high-single digits percent ...
--Cimarex Energy Co. today reported second-quarter 2021 financial and operating results. Generated cash flow from operating activities of $364 million. Adjusted cash flow from operating activities ...
Cimarex contends that TOAIA, as construed by the Texas Supreme Court, prohibited the district court from considering the terms of CP Well’s insurance policy when it determined the scope of CP ...
Cimarex Energy has a market capitalization of US$6.99b, so it could very likely raise cash to ameliorate its balance sheet, if the need arose.
Cimarex is ready for the challenge, and we look forward to continuing our momentum into 2021 and beyond. Finally, let me comment on the recent rash of mergers and acquisitions within our sector.
While the Cabot/Cimarex deal is consistent with the ‘bigger is better’ theme, it goes against the grain of recent deals that have been focused on a single shale basin, as was the Pioneer ...
Cabot Oil & Gas Corp. agreed to merge with Cimarex Energy Co., disappointing investors with little overlap in the combination of two mid-tier shale drillers in an all-stock transaction valued ...
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