Cimarex Energy Co (NYSE:XEC) VP Joseph R. Albi sold 1,750 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $114.78, for a total transaction of $200,865.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Joseph R. Albi also recently made the following trade(s):

  • On Friday, September 15th, Joseph R. Albi sold 2,000 shares of Cimarex Energy stock. The stock was sold at an average price of $106.16, for a total transaction of $212,320.00.
  • On Wednesday, September 13th, Joseph R. Albi sold 2,000 shares of Cimarex Energy stock. The stock was sold at an average price of $106.11, for a total transaction of $212,220.00.
  • On Friday, September 15th, Joseph R. Albi sold 4,000 shares of Cimarex Energy stock. The stock was sold at an average price of $106.13, for a total transaction of $424,520.00.

Cimarex Energy Co (XEC) traded up $0.45 during midday trading on Wednesday, hitting $115.41. The stock had a trading volume of 448,637 shares, compared to its average volume of 1,059,058. The firm has a market cap of $10,990.00, a P/E ratio of 30.34 and a beta of 1.35. 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 12 month low of $89.49 and a 12 month high of $146.96.

Cimarex Energy (NYSE:XEC) last released its quarterly earnings data on Tuesday, November 7th. The oil and gas producer reported $1.09 EPS for the quarter, beating the consensus estimate of $0.97 by $0.12. The company 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 firm’s revenue for the quarter was up 38.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.53 EPS. equities analysts predict that Cimarex Energy Co will post 4.33 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Wednesday, November 15th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.28%. The ex-dividend date of this dividend is Tuesday, November 14th. Cimarex Energy’s payout ratio is presently 8.00%.

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Institutional investors have recently made changes to their positions in the business. Turner Investments LLC acquired a new stake in Cimarex Energy during the 2nd quarter valued at $100,000. Advisor Group Inc. lifted its holdings in 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 valued at $113,000 after purchasing an additional 60 shares during the last quarter. Global X Management Co. LLC lifted its holdings in 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 valued at $119,000 after purchasing an additional 162 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in Cimarex Energy by 0.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 1,427 shares of the oil and gas producer’s stock valued at $134,000 after purchasing an additional 10 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in 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 valued at $182,000 after purchasing an additional 148 shares during the last quarter. 93.44% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently weighed in on XEC shares. BidaskClub raised shares of Cimarex Energy from a “strong sell” rating to a “sell” rating in a report on Monday, July 31st. Williams Capital reaffirmed a “buy” rating and issued a $136.00 target price on shares of Cimarex Energy in a report on Wednesday, August 9th. Morgan Stanley upped their price target on shares of Cimarex Energy from $135.00 to $138.00 and gave the stock an “overweight” rating in a research report on Thursday, August 10th. Barclays PLC upped their price target on shares of Cimarex Energy from $112.00 to $117.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 15th. Finally, Stifel Nicolaus set a $169.00 price target on shares of Cimarex Energy and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $137.05.

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.

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

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