Cimarex Energy (XEC) Set to Announce Quarterly Earnings on Wednesday
Cimarex Energy (NYSE:XEC) is scheduled to be releasing its earnings data after the market closes on Wednesday, February 14th. Analysts expect Cimarex Energy to post earnings of $1.22 per share for the quarter.
Cimarex Energy (NYSE XEC) opened at $100.90 on Tuesday. The company has a market cap of $9,610.00, a price-to-earnings ratio of 25.23 and a beta of 1.14. The company has a current ratio of 1.51, a quick ratio of 1.42 and a debt-to-equity ratio of 0.62. Cimarex Energy has a 1 year low of $89.49 and a 1 year high of $136.31.
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.32%. Cimarex Energy’s dividend payout ratio (DPR) is currently 8.00%.
A number of research firms have recently commented on XEC. Piper Jaffray Companies restated a “hold” rating and set a $138.00 price target on shares of Cimarex Energy in a research report on Tuesday, January 9th. KLR Group lowered shares of Cimarex Energy from a “buy” rating to a “hold” rating and set a $138.00 price target for the company. in a research report on Tuesday, January 23rd. Credit Suisse Group set a $152.00 price target on shares of Cimarex Energy and gave the company a “buy” rating in a research report on Tuesday, January 23rd. They noted that the move was a valuation call. KeyCorp restated a “buy” rating on shares of Cimarex Energy in a research report on Wednesday, November 8th. Finally, Susquehanna Bancshares lowered shares of Cimarex Energy from a “positive” rating to a “neutral” rating in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seventeen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $141.38.
Cimarex Energy Company Profile
Cimarex Energy Co is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. Its operations are located in Oklahoma, Texas and New Mexico. Its E&P activities take place primarily in two areas: the Permian Basin and the Mid-Continent region.
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