Cimarex Energy Co (NYSE:XEC) CEO Thomas E. Jorden sold 5,000 shares of the company’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $113.14, for a total value of $565,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Thomas E. Jorden also recently made the following trade(s):

  • On Thursday, November 9th, Thomas E. Jorden sold 2,500 shares of Cimarex Energy stock. The shares were sold at an average price of $125.10, for a total value of $312,750.00.

Shares of Cimarex Energy Co (XEC) opened at $112.33 on Monday. The firm has a market capitalization of $10,700.67, a price-to-earnings ratio of 29.56 and a beta of 1.34. 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 Co has a 1 year low of $89.49 and a 1 year high of $144.30.

Cimarex Energy (NYSE:XEC) last released its earnings results on Tuesday, November 7th. The oil and gas producer reported $1.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. The firm had revenue of $463.68 million during the quarter, compared to the consensus estimate of $451.53 million. Cimarex Energy had a return on equity of 16.11% and a net margin of 20.45%. The company’s revenue was up 38.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.53 EPS. sell-side analysts anticipate that Cimarex Energy Co will post 4.36 earnings per share for the current year.

The business also recently announced 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 is Wednesday, February 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.28%. Cimarex Energy’s payout ratio is 8.51%.

Several hedge funds have recently made changes to their positions in XEC. Turner Investments LLC bought a new stake in shares of Cimarex Energy during the 2nd quarter worth $100,000. Advisor Group Inc. lifted its position in shares of Cimarex Energy by 5.3% during the 2nd quarter. Advisor Group Inc. now owns 1,200 shares of the oil and gas producer’s stock worth $113,000 after buying an additional 60 shares during the last quarter. Global X Management Co. LLC lifted its position in shares of Cimarex Energy by 14.7% during the 2nd quarter. Global X Management Co. LLC now owns 1,265 shares of the oil and gas producer’s stock worth $119,000 after buying an additional 162 shares during the last quarter. Pacer Advisors Inc. lifted its position in shares of Cimarex Energy by 8.3% during the 2nd quarter. Pacer Advisors Inc. now owns 1,935 shares of the oil and gas producer’s stock worth $182,000 after buying an additional 148 shares during the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in shares of Cimarex Energy during the 3rd quarter worth $206,000. Institutional investors and hedge funds own 92.35% of the company’s stock.

A number of research analysts have commented on XEC shares. KeyCorp reaffirmed a “buy” rating on shares of Cimarex Energy in a report on Wednesday, November 8th. Morgan Stanley upped their price objective on Cimarex Energy from $138.00 to $168.00 and gave the company an “overweight” rating in a report on Wednesday, October 18th. Williams Capital upped their price objective on Cimarex Energy from $132.00 to $140.00 and gave the company a “buy” rating in a report on Wednesday, October 18th. Stifel Nicolaus set a $168.00 price objective on Cimarex Energy and gave the company a “buy” rating in a report on Thursday, October 5th. Finally, Citigroup reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Cimarex Energy in a report on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $136.60.

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About Cimarex Energy

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.

Insider Buying and Selling by Quarter for Cimarex Energy (NYSE:XEC)

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