Cimarex Energy Co (NYSE:XEC) VP Joseph R. Albi sold 2,000 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $112.41, for a total transaction of $224,820.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Joseph R. Albi also recently made the following trade(s):

  • On Tuesday, December 12th, Joseph R. Albi sold 1,000 shares of Cimarex Energy stock. The shares were sold at an average price of $113.75, for a total transaction of $113,750.00.
  • On Tuesday, November 21st, Joseph R. Albi sold 1,750 shares of Cimarex Energy stock. The shares were sold at an average price of $114.78, for a total transaction of $200,865.00.

Shares of Cimarex Energy Co (NYSE:XEC) traded down $0.72 on Friday, reaching $112.33. 870,900 shares of the company’s stock were exchanged, compared to its average volume of 1,042,462. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.42 and a current ratio of 1.51. Cimarex Energy Co has a twelve month low of $89.49 and a twelve month high of $144.30. The stock has a market cap of $10,770.00, a price-to-earnings ratio of 29.81 and a beta of 1.34.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.12. Cimarex Energy had a net margin of 20.45% and a return on equity of 16.11%. The business had revenue of $463.68 million during the quarter, compared to analyst estimates of $451.53 million. During the same period last year, the firm posted $0.53 EPS. The company’s revenue was up 38.1% on a year-over-year basis. equities research analysts expect that Cimarex Energy Co will post 4.36 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders 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 0.28%. The ex-dividend date is Wednesday, February 14th. Cimarex Energy’s dividend payout ratio (DPR) is currently 8.00%.

A number of institutional investors and hedge funds have recently made changes to their positions in XEC. Principal Financial Group Inc. increased its stake in shares of Cimarex Energy by 968.7% during the second quarter. Principal Financial Group Inc. now owns 1,544,775 shares of the oil and gas producer’s stock valued at $145,224,000 after buying an additional 1,400,223 shares during the period. Wells Fargo & Company MN grew its stake in Cimarex Energy by 172.6% in the third quarter. Wells Fargo & Company MN now owns 1,352,468 shares of the oil and gas producer’s stock valued at $153,734,000 after purchasing an additional 856,274 shares during the last quarter. Janus Henderson Group PLC grew its stake in Cimarex Energy by 7,007.8% in the second quarter. Janus Henderson Group PLC now owns 834,313 shares of the oil and gas producer’s stock valued at $78,434,000 after purchasing an additional 822,575 shares during the last quarter. APG Asset Management N.V. grew its stake in Cimarex Energy by 274.1% in the third quarter. APG Asset Management N.V. now owns 743,117 shares of the oil and gas producer’s stock valued at $84,470,000 after purchasing an additional 544,465 shares during the last quarter. Finally, Caymus Capital Partners L.P. purchased a new position in Cimarex Energy in the third quarter valued at about $61,666,000. 92.35% of the stock is owned by institutional investors and hedge funds.

Several equities research analysts have recently commented on XEC shares. KeyCorp reaffirmed a “buy” rating on shares of Cimarex Energy in a research report on Wednesday, November 8th. Capital One Financial reaffirmed an “overweight” rating on shares of Cimarex Energy in a research report on Wednesday, November 8th. UBS lowered shares of Cimarex Energy from a “positive” rating to a “neutral” rating in a research report on Monday, November 13th. Susquehanna Bancshares lowered shares of Cimarex Energy from a “positive” rating to a “neutral” rating in a research report on Monday, November 13th. Finally, SunTrust Banks increased their target price on shares of Cimarex Energy to $127.00 and gave the stock a “hold” rating in a report on Thursday, November 9th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and fifteen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $136.60.

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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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