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Cimarex Energy (XEC) has long been one of the better-managed companies in the Permian Basin. It has done well with a higher percentage of natural gas production than Diamondback Energy (FANG).
Cimarex Energy Co.'s third-quarter earnings fell 34% on a sharp drop in prices for gas and natural-gas liquids, though revenue declined less than Wall Street expected. Cimarex's drilling ...
Cimarex escalated discussions with one other unnamed company besides Cabot by signing a non-disclosure agreement and exchanging private information, according to a regulatory filing. Talks began ...
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 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%.
LONDON (MarketWatch) -- Cimarex Energy said it's agreed to buy Magnum Hunter Resources for $1.5 billion in shares and $645 million in assumed debt.
Source: Cimarex Energy, June, 2016, Corporate Update The top slide demonstrates that the Upper Wolfcamp has some decent returns even when oil prices slip to the $20 per barrel of oil range.
A month has gone by since the last earnings report for Cimarex Energy (XEC). Shares have added about 21.5% in that time frame, outperforming the S&P 500.
Cabot Oil & Gas Corp. and Cimarex Energy Co. said Monday they have agreed to an all-stock merger of equals in a deal with an enterprise value of about $17 billion.
Cimarex Energy Co.'s second-quarter earnings more than doubled as higher oil and natural gas prices pushed the oil and gas producer's revenue higher than Wall Street expected.
Shares of Cimarex Energy (XEC) have been strong performers lately, with the stock up 19.6% over the past month. The stock hit a new 52-week high of $77.3 in the previous session. Cimarex Energy ...
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