Cimarex Energy Co (NYSE:XEC) VP Stephen P. Bell sold 2,500 shares of the stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $105.00, for a total value of $262,500.00. The sale was disclosed in a legal filing with the SEC, which is available at 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 stock was sold at an average price of $102.54, for a total value of $256,350.00.

Cimarex Energy Co (NYSE XEC) traded up 0.01% during midday trading on Friday, hitting $106.72. The company had a trading volume of 1,258,087 shares. The stock’s 50-day moving average price is $98.88 and its 200-day moving average price is $107.42. Cimarex Energy Co has a 52-week low of $89.49 and a 52-week high of $146.96. The stock has a market cap of $9.97 billion, a PE ratio of 38.22 and a beta of 1.32.

Cimarex Energy (NYSE:XEC) last posted its earnings results on Tuesday, August 8th. The oil and gas producer reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.11. Cimarex Energy had a return on equity of 13.29% and a net margin of 15.64%. The firm had revenue of $456.50 million for the quarter, compared to analyst estimates of $441.52 million. During the same quarter in the prior year, the company earned $0.07 EPS. Cimarex Energy’s revenue was up 52.7% on a year-over-year basis. On average, equities research analysts expect that Cimarex Energy Co will post $4.17 EPS for the current fiscal year.

The business 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. This represents a $0.32 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date is Tuesday, November 14th. Cimarex Energy’s payout ratio is currently 12.03%.

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A number of equities analysts have issued reports on the company. Stifel Nicolaus reiterated a “buy” rating and set a $169.00 price target on shares of Cimarex Energy in a research report on Friday, July 14th. Citigroup Inc. lowered their price target on Cimarex Energy from $135.00 to $120.00 and set a “buy” rating on the stock in a research report on Friday, July 21st. Piper Jaffray Companies reiterated a “neutral” rating and set a $161.00 price target on shares of Cimarex Energy in a research report on Wednesday, June 7th. Scotiabank set a $143.00 price target on Cimarex Energy and gave the stock a “buy” rating in a research report on Saturday, July 1st. Finally, Williams Capital reiterated a “buy” rating and set a $136.00 price target on shares of Cimarex Energy in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $136.40.

Institutional investors and hedge funds have recently modified their holdings of the business. Turner Investments LLC acquired a new position in Cimarex Energy in the 2nd quarter valued at $100,000. Advisor Group Inc. raised its holdings in Cimarex Energy by 5.3% in the 2nd quarter. Advisor Group Inc. now owns 1,200 shares of the oil and gas producer’s stock valued at $113,000 after acquiring an additional 60 shares during the last quarter. Global X Management Co. LLC raised its holdings in Cimarex Energy by 14.7% in 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 acquiring an additional 162 shares during the last quarter. State of Alaska Department of Revenue raised its holdings in Cimarex Energy by 0.7% in 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 acquiring an additional 10 shares during the last quarter. Finally, Pacer Advisors Inc. raised its holdings in Cimarex Energy by 8.3% in the 2nd quarter. Pacer Advisors Inc. now owns 1,935 shares of the oil and gas producer’s stock valued at $182,000 after acquiring an additional 148 shares during the last quarter. Institutional investors own 91.31% of the company’s stock.

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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