Cimarex Energy Co (NYSE:XEC) declared a quarterly dividend on Friday, August 30th, Zacks reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.20 per share by the oil and gas producer on Friday, November 29th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date is Thursday, November 14th.
XEC traded up $0.09 during trading on Tuesday, hitting $45.63. The stock had a trading volume of 728,538 shares, compared to its average volume of 2,122,376. Cimarex Energy has a twelve month low of $37.19 and a twelve month high of $91.22. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.64 and a current ratio of 0.70. The company’s 50-day moving average price is $45.43 and its 200 day moving average price is $51.88. The firm has a market capitalization of $4.74 billion, a P/E ratio of 6.17 and a beta of 1.32.
Cimarex Energy (NYSE:XEC) last issued its quarterly earnings results on Monday, November 4th. The oil and gas producer reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.93 by ($0.02). Cimarex Energy had a return on equity of 13.02% and a net margin of 21.13%. The firm had revenue of $582.31 million for the quarter, compared to analyst estimates of $575.31 million. During the same quarter last year, the firm earned $1.99 earnings per share. The company’s revenue was down 1.6% compared to the same quarter last year. As a group, equities analysts expect that Cimarex Energy will post 4.1 earnings per share for the current fiscal year.
Cimarex Energy Company Profile
Cimarex Energy Co operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico. As of December 31, 2018, it had a total proved reserves of 591.2 million barrels of oil equivalent, consisting of 1.59 trillion cubic feet of natural gas; 146.5 million barrels (MMBbls) of oil; and 179.4 MMBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions.
Receive News & Ratings for Cimarex Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cimarex Energy and related companies with MarketBeat.com's FREE daily email newsletter.