Cimarex Energy Co (NYSE:XEC) Director Lisa A. Stewart purchased 248 shares of the company’s stock in a transaction on Friday, December 8th. The stock was purchased at an average cost of $112.06 per share, for a total transaction of $27,790.88. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Cimarex Energy Co (XEC) traded up $1.05 during trading hours on Friday, hitting $111.90. The company had a trading volume of 827,256 shares, compared to its average volume of 739,447. The company has a current ratio of 1.51, a quick ratio of 1.42 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $10,562.53, a P/E ratio of 29.18 and a beta of 1.34. Cimarex Energy Co has a twelve month low of $89.49 and a twelve month high of $146.96.

Cimarex Energy (NYSE:XEC) last released its earnings results on Tuesday, November 7th. The oil and gas producer reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. The business had revenue of $463.68 million for 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%. Cimarex Energy’s quarterly revenue was up 38.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.53 earnings per share. research analysts anticipate that Cimarex Energy Co will post 4.35 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.29%. Cimarex Energy’s payout ratio is currently 8.51%.

A number of institutional investors have recently bought and sold shares of the stock. State of Alaska Department of Revenue grew its holdings in Cimarex Energy by 0.7% during the second quarter. State of Alaska Department of Revenue now owns 1,427 shares of the oil and gas producer’s stock worth $134,000 after purchasing an additional 10 shares during the period. Advisor Group Inc. grew its holdings in Cimarex Energy by 5.3% during the second quarter. Advisor Group Inc. now owns 1,200 shares of the oil and gas producer’s stock worth $113,000 after purchasing an additional 60 shares during the period. Virtu KCG Holdings LLC grew its holdings in Cimarex Energy by 0.6% during the second quarter. Virtu KCG Holdings LLC now owns 15,740 shares of the oil and gas producer’s stock worth $1,480,000 after purchasing an additional 96 shares during the period. Louisiana State Employees Retirement System grew its holdings in Cimarex Energy by 1.7% during the second quarter. Louisiana State Employees Retirement System now owns 5,900 shares of the oil and gas producer’s stock worth $555,000 after purchasing an additional 100 shares during the period. Finally, Arizona State Retirement System grew its holdings in Cimarex Energy by 0.4% during the second quarter. Arizona State Retirement System now owns 23,600 shares of the oil and gas producer’s stock worth $2,219,000 after purchasing an additional 100 shares during the period. Institutional investors and hedge funds own 92.35% of the company’s stock.

Several research firms have issued reports on XEC. Jefferies Group set a $115.00 price target on Cimarex Energy and gave the company a “hold” rating in a research note on Thursday, November 16th. Capital One Financial reissued an “overweight” rating on shares of Cimarex Energy in a research note on Wednesday, November 8th. Scotiabank set a $143.00 price target on Cimarex Energy and gave the company a “buy” rating in a research note on Saturday, November 25th. Barclays lifted their price target on Cimarex Energy from $117.00 to $132.00 and gave the company an “overweight” rating in a research note on Wednesday, October 11th. Finally, Imperial Capital began coverage on Cimarex Energy in a research note on Tuesday, September 19th. They issued an “outperform” rating and a $135.00 price target on the stock. Two analysts have rated the stock with a sell rating, nine have given a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $136.50.

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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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