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Cimarex Energy (NYSE:XEC) Director Monroe W. Robertson unloaded 2,265 shares of Cimarex Energy stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $139.68, for a total value of $316,375.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of Cimarex Energy (NYSE:XEC) traded up 0.40% on Monday, hitting $139.34. The stock had a trading volume of 853,523 shares. Cimarex Energy has a one year low of $77.87 and a one year high of $150.71. The stock has a 50-day moving average of $141.8 and a 200-day moving average of $124.3. The company has a market cap of $12.126 billion and a P/E ratio of 19.18.

Cimarex Energy (NYSE:XEC) last announced its earnings results on Tuesday, August 5th. The company reported $1.71 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.71. The company had revenue of $636.67 million for the quarter, compared to the consensus estimate of $645.80 million. During the same quarter in the previous year, the company posted $1.37 earnings per share. The company’s revenue for the quarter was up 28.9% on a year-over-year basis. Analysts expect that Cimarex Energy will post $7.03 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Barclays raised their price target on shares of Cimarex Energy from $170.00 to $172.00 in a research note on Friday. Separately, analysts at KLR Group upgraded shares of Cimarex Energy from a “hold” rating to an “accumulate” rating in a research note on Friday. They now have a $156.00 price target on the stock, up previously from $4.00. Finally, analysts at Howard Weil raised their price target on shares of Cimarex Energy from $182.00 to $211.00 in a research note on Thursday. They now have a “sector outperform” rating on the stock. Ten equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $149.90.

Cimarex Energy Co, is an oil and gas exploration and production company. The Company’s operations are focused in two main areas: the Mid-Continent region and the Permian Basin.

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