Cimarex Energy Co (NYSE:XEC) VP Krista L. Johnson sold 5,341 shares of the business’s stock in a transaction on Wednesday, November 15th. The stock was sold at an average price of $116.46, for a total transaction of $622,012.86. Following the completion of the sale, the vice president now directly owns 42,938 shares in the company, valued at approximately $5,000,559.48. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cimarex Energy Co (NYSE XEC) opened at $116.57 on Friday. Cimarex Energy Co has a fifty-two week low of $89.49 and a fifty-two week high of $146.96. The firm has a market cap of $11,104.58, a PE ratio of 30.68 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 (NYSE:XEC) last announced its quarterly earnings data on Tuesday, November 7th. The oil and gas producer reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.12. Cimarex Energy had a net margin of 20.45% and a return on equity of 16.11%. The firm had revenue of $463.68 million for the quarter, compared to analyst estimates of $451.53 million. During the same quarter in the prior year, the business earned $0.53 earnings per share. The business’s quarterly revenue was up 38.1% compared to the same quarter last year. sell-side analysts forecast that Cimarex Energy Co will post 4.33 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be issued a $0.08 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.27%. Cimarex Energy’s dividend payout ratio is presently 8.51%.

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Several institutional investors and hedge funds have recently bought and sold shares of XEC. Renaissance Technologies LLC raised its holdings in shares of Cimarex Energy by 16.6% in the 1st quarter. Renaissance Technologies LLC now owns 61,698 shares of the oil and gas producer’s stock worth $7,372,000 after acquiring an additional 8,800 shares during the last quarter. Xact Kapitalforvaltning AB raised its holdings in shares of Cimarex Energy by 17.0% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 8,339 shares of the oil and gas producer’s stock worth $784,000 after acquiring an additional 1,213 shares during the last quarter. Capstone Asset Management Co. raised its holdings in shares of Cimarex Energy by 7.5% in the 2nd quarter. Capstone Asset Management Co. now owns 6,464 shares of the oil and gas producer’s stock worth $608,000 after acquiring an additional 450 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Cimarex Energy by 192.6% in the 2nd quarter. Bank of Montreal Can now owns 151,333 shares of the oil and gas producer’s stock worth $14,227,000 after acquiring an additional 99,612 shares during the last quarter. Finally, Fisher Asset Management LLC raised its holdings in shares of Cimarex Energy by 0.4% in the 2nd quarter. Fisher Asset Management LLC now owns 3,013 shares of the oil and gas producer’s stock worth $283,000 after acquiring an additional 13 shares during the last quarter. Institutional investors own 91.05% of the company’s stock.

Several analysts recently weighed in on XEC shares. Stifel Nicolaus set a $168.00 price objective on shares of Cimarex Energy and gave the stock a “buy” rating in a research note on Thursday, October 5th. Williams Capital reissued a “buy” rating and issued a $136.00 price objective on shares of Cimarex Energy in a research note on Wednesday, August 9th. Cowen and Company set a $135.00 price objective on shares of Cimarex Energy and gave the stock a “buy” rating in a research note on Friday, August 25th. Citigroup Inc. reissued a “buy” rating and issued a $120.00 price objective on shares of Cimarex Energy in a research note on Friday, October 13th. Finally, KeyCorp reissued a “buy” rating and issued a $130.00 price objective on shares of Cimarex Energy in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $136.62.

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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