FKnol.com

Financial Knowledge & Information Portal

Cimarex Energy (XEC) Company Profile

Updated Aug 8, 2019
Cimarex Energy has the following business profile:
Company's Full Name:Cimarex Energy
Short Name:Cimarex Energy
Trading Ticker Symbol:XEC
Primary Exchange:NYSE
Headquarter City/Country:Denver, Colorado
Primary Industry Sector:Energy
Seconday Sub-sector:Oil and Gas Production
Main Business Areas: Energy, Oil and Gas Production, Oil & Gas E&P, Natural Resources
Dividend Payments:Dividend History

Market and Trading Information for Cimarex Energy

The following details were available for trading and market data about the stock of Cimarex Energy as of writing:
Current Share Price:$44.14
Previous Year's Closing Price:$61.65
Percentage Price Change (YTD):-28.4%
Market Cap:$4.34 billion
52-week Price Range:$41.09 - $101.19
Dividend Per Share:$0.68
EPS (TTM):6.15
Price-Earnings (Trailing):7.18
Price-Earnings (Forward):6.12

Company Profile and Business Description for Cimarex Energy

Cimarex Energy Co., incorporated on February 14, 2002, is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. The Company's operations are located mainly in Oklahoma, Texas and New Mexico. The Company's E&P activities take place primarily in two areas: the Permian Basin and the Mid-Continent region. Its Permian Basin region encompasses west Texas and southeast New Mexico. Its Mid-Continent region consists of Oklahoma and the Texas Panhandle. As of fiscal year ended December 31, 2016 (fiscal 2016), its activities in the Mid-Continent were focused in the Woodford shale and the Meramec horizon, both in Oklahoma. During fiscal 2016, production from the Mid-Continent averaged 457 millions of cubic feet equivalent (MMcfe) per day, or 47% of total company production.

All of the Company's oil and gas assets are located in the United States. As of December 31, 2016, 63% of its total proved reserves were located in the Mid-Continent region and 37% were in the Permian Basin. As of December 31, 2016, the Company owned an interest in 10,279 gross (3,094 net) productive oil and gas wells. In fiscal 2016, the Company drilled or participated in 154 gross (61.0 net) wells, of which it operated 73 gross (51.2 net) wells. The Company's Permian Basin efforts are located in the western half of the Permian Basin known as the Delaware Basin. In fiscal 2016, the Company is focused on drilling horizontal wells that yielded oil and liquids-rich gas from the Wolfcamp shale, the Bone Spring formation and the Avalon shale. As of December 31, 2016, the Permian region produced 504 MMcfe per day.

1700 N Lincoln St Ste 3700

Peer / Competitor Companies of Oil and Gas Production Sector

Along with Cimarex Energy, the following other peer (competitor) companies also exist within the same Oil and Gas Production - Energy sector whose company profile and dividend history is as follows:

▶ Abraxas Petroleum (AXAS): Abraxas Petroleum Corporation, incorporated on August 31, 1990, is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and gas. As of ....See Detailed Company Profile  and Dividend History.

▶ Advantage Oil and Gas (AAV): 440 2 Ave SW Suite 300....See Detailed Company Profile  and Dividend History.

▶ Anadarko Petroleum (APC): Anadarko Petroleum Corporation (Anadarko), incorporated on June 12, 1985, is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. ....See Detailed Company Profile  and Dividend History.

▶ Anadarko Petroleum (AEUA): Anadarko Petroleum Corporation (Anadarko), incorporated on June 12, 1985, is an independent exploration and production company. The Company is engaged in developing, acquiring, and exploring for oil and natural-gas resources. ....See Detailed Company Profile  and Dividend History.

▶ Antero Resources (AR): Antero Resources Corporation, an independent oil and natural gas company, acquires, explores for, develops, and produces natural gas, natural gas liquids, and oil properties in the United States. As o....See Detailed Company Profile  and Dividend History.

▶ Apache (APA): Apache Corporation, incorporated on December 6, 1954, is an independent energy company. Both domestically and internationally, the Company explores for, develops, and produces natural gas, crude oil and natural gas ....See Detailed Company Profile  and Dividend History.

▶ Approach Resources (AREX): Approach Resources Inc., incorporated on October 12, 2002, is an independent energy company. The Company is focused on the exploration, development, production and acquisition of unconventional oil and gas reserves ....See Detailed Company Profile  and Dividend History.

▶ Atwood Oceanics (ATW): Atwood Oceanics, Inc., incorporated on October 9, 1968, is an offshore drilling company. The Company is engaged in the drilling and completion of exploration and development wells for the global ....See Detailed Company Profile  and Dividend History.

▶ Barnwell Industries (BRN): Barnwell Industries, Inc. acquires, develops, produces, and sells oil and natural gas in Canada. The company operates through three segments: Oil and Natural Gas, Land Investment, and Contract Drillin....See Detailed Company Profile  and Dividend History.

▶ Baytex Energy (BTE): Baytex Energy Corp., an oil and gas company, engages in the acquisition, development, and production of oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. ....See Detailed Company Profile  and Dividend History.

▶ Bellatrix Exploration (BXE): 1920-800 5 Ave SW....See Detailed Company Profile  and Dividend History.

▶ Bill Barrett (BBG): Bill Barrett Corporation, incorporated on April 29, 2002, is an independent energy company that develops, acquires and explores for oil and natural gas resources. The Companys assets and operations are ....See Detailed Company Profile  and Dividend History.

▶ Black Stone Minerals (BSM): Black Stone Minerals, L.P. owns and manages oil and natural gas mineral interests in the United States. The company owns mineral interests in approximately 16.8 million acres, nonparticipating royalty....See Detailed Company Profile  and Dividend History.

▶ Bonanza Creek Energy (BCEI): Bonanza Creek Energy, Inc. (Bonanza Creek), incorporated on December 2, 2010, is an independent energy company engaged in the acquisition, exploration, development and production of onshore oil and associated liquids-rich ....See Detailed Company Profile  and Dividend History.

▶ Cabot Oil and Gas (COG): Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily fo....See Detailed Company Profile  and Dividend History.

▶ California Resources (CRC): California Resources Corporation, incorporated on April 23, 2014, is an independent oil and natural gas exploration and production company, with operating properties within the State of California. The Company produced ....See Detailed Company Profile  and Dividend History.

▶ Callon Petroleum (CPE): Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, development, exploration, and exploitation of unconventional onshore, oil, and natural gas reserves in....See Detailed Company Profile  and Dividend History.

▶ Callon Petroleum (CPE^A): ....See

▶ Camber Energy (CEI): Camber Energy, Inc., an independent oil and natural gas company, engages in the acquisition, development, and sale of crude oil, natural gas, and natural gas liquids (NGL) in Texas and Oklahoma. The c....See Detailed Company Profile  and Dividend History.

▶ Canadian Natural Resources (CNQ): Canadian Natural Resources Limited, incorporated on January 6, 1985, is an independent crude oil and natural gas exploration, development and production company. The Companys segments include Exploration and Production, Oil ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Oil and Gas Production Sector.

Stock List of Other Energy Sub-sectors

▶ Stocks of Sector

▶ Stocks of Coal Mining Sector

▶ Stocks of Consumer Electronics and Appliances Sector

▶ Stocks of Drilling Sector

▶ Stocks of Electric Utilities Sector

▶ Stocks of Industrial Machinery and Components Sector

▶ Stocks of Integrated Oil Companies Sector

▶ Stocks of Metal Fabrications Sector

▶ Stocks of Natural Gas Distribution Sector

▶ Stocks of Oil and Gas Sector

▶ Stocks of Oil and Gas Exploration Sector

▶ Stocks of Oil and Gas Production Sector

▶ Stocks of Oil Refining and Marketing Sector

▶ Stocks of Oilfield Services and Equipment Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector