Cimarex Energy Co (NYSE:XEC) VP Stephen P. Bell sold 2,500 shares of Cimarex Energy stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $105.00, for a total transaction of $262,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Stephen P. Bell also recently made the following trade(s):

  • On Tuesday, September 5th, Stephen P. Bell sold 2,500 shares of Cimarex Energy stock. The shares were sold at an average price of $102.54, for a total transaction of $256,350.00.

Shares of Cimarex Energy Co (XEC) opened at 106.72 on Friday. The firm has a market capitalization of $9.97 billion, a PE ratio of 38.22 and a beta of 1.32. Cimarex Energy Co has a 52 week low of $89.49 and a 52 week high of $146.96. The stock has a 50 day moving average of $99.10 and a 200-day moving average of $107.28.

Cimarex Energy (NYSE:XEC) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $1.06 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.11. Cimarex Energy had a net margin of 15.64% and a return on equity of 13.29%. The business had revenue of $456.50 million during the quarter, compared to analysts’ expectations of $441.52 million. During the same period last year, the business earned $0.07 earnings per share. The firm’s revenue was up 52.7% on a year-over-year basis. Equities analysts anticipate that Cimarex Energy Co will post $4.17 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be paid a $0.08 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.32 annualized dividend and a dividend yield of 0.30%. Cimarex Energy’s dividend payout ratio is presently 12.03%.

ILLEGAL ACTIVITY NOTICE: “Stephen P. Bell Sells 2,500 Shares of Cimarex Energy Co (XEC) Stock” was reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another site, it was stolen and republished in violation of U.S. and international trademark & copyright law. The original version of this story can be viewed at https://www.dailypolitical.com/2017/09/17/stephen-p-bell-sells-2500-shares-of-cimarex-energy-co-xec-stock.html.

Several large investors have recently added to or reduced their stakes in the stock. 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. 91.31% of the stock is owned by institutional investors and hedge funds.

XEC has been the topic of a number of research analyst reports. Jefferies Group LLC reaffirmed a “hold” rating and set a $119.00 price objective on shares of Cimarex Energy in a research report on Thursday, July 6th. Stifel Nicolaus reaffirmed a “buy” rating on shares of Cimarex Energy in a research report on Wednesday, June 28th. Citigroup Inc. lowered their price objective on shares of Cimarex Energy from $150.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, July 13th. Wolfe Research downgraded shares of Cimarex Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 15th. Finally, Credit Suisse Group initiated coverage on shares of Cimarex Energy in a research report on Thursday, June 1st. They set an “outperform” rating and a $138.00 price objective on the stock. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $136.40.

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)

Receive News & Ratings for Cimarex Energy Co Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cimarex Energy Co and related companies with MarketBeat.com's FREE daily email newsletter.