Cimarex Energy, Co. (NYSE: XEC) is a Denver-based independent exploration and production company with operations in Oklahoma, Texas, New Mexico and Kansas. The majority of our activity is currently in the Permian Basin and the Cana–Woodford shale play in western Oklahoma. They pride ourselves on a strong technical team. The cornerstone to the Cimarex approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled. They continually strive to maximize cash flow from producing properties for reinvestment in drill-bit driven growth opportunities. They rely heavily on our geoscientists to generate drilling prospects. They have decentralized exploration teams who are experts in their regions. A cornerstone to our approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. Our analysis includes estimates and assessments of potential reserve size, geologic and mechanical risks, expected costs and future production profiles. They also believe it is important to maintain a strong financial position and conservative capital structure in order to maintain drilling activity through all price cycles. They believe that this approach will create shareholder value through growth in reserves and production.
Sector:
Energy Minerals
Industry:
Oil And Gas Production
Employees:
N/A
Frequently Asked Questions
What is Market Cap of Cimarex Energy Co.?
Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. Cimarex Energy Co. market cap is $8.97B.
What is the 52-week high for Cimarex Energy Co.?
52 week high is the highest price of a stock in the past 52 weeks, or one year. Cimarex Energy Co. 52 week high is $92.51 as of May 09, 2024.
What is the 52-week low for Cimarex Energy Co.?
52 week low is the lowest price of a stock in the past 52 weeks, or one year. Cimarex Energy Co. 52 week low is $22.39 as of May 09, 2024.
What is Cimarex Energy Co. stock price today?
Cimarex Energy Co. stock price today is $87.15.
What was Cimarex Energy Co. stock price yesterday?
Cimarex Energy Co. stock price yesterday was $90.00.
What is the PE ratio of Cimarex Energy Co.?
The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share (or EPS). It can also be calculated by dividing the company’s Market Cap by the Net Profit. Cimarex Energy Co.’s P/E ratio is -252.17.
What is the Price-to-Book ratio of Cimarex Energy Co.?
The Price-to-Book (P/B) ratio is a commonly used tool for valuing a company. It’s calculated by dividing a company’s market capitalization by its book value. Cimarex Energy Co. P/B ratio is 5.1057.
What is the 50-day moving average of Cimarex Energy Co.?
The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Cimarex Energy Co. 50-day moving average is $69.30.