Skip to Content
Morningstar
Get 14 Days Free

Cimarex Energy Co

XEC Morningstar Rating
Rating as of

Company Profile

Business Description

Denver-based Cimarex Energy is an independent exploration and production company with operations throughout the Southern and Central United States, where its focus includes the Permian Basin, Woodford Shale, and Meramec horizon. The firm was created in 2002 when it spun off from Helmerich & Payne and then merged with Key Production. At year-end 2018, Cimarex's proved reserves were 591 million barrels of oil equivalent, with net production of 221 thousand boe per day. Natural gas represented 42% of production and 45% of reserves.

Contact
1700 Lincoln Street, Suite 3700
Denver, CO, 80203
T +1 303 295-3995
Sector Energy
Industry Oil & Gas E&P
Most Recent Earnings Mar 31, 2020
Fiscal Year End Dec 31, 2020
Stock Type Hard Assets
Employees 987

Related

Fund Spy
Poor Contrarian Picks Contribute to This Fund's Downgrade
Recent blunders have eroded American Century Value's previously strong long-term record and altered its risk profile.
Tom Nations
Fund Spy
The Year in U.S. Equity Funds: Growth Was King in 2017
Tech-heavy large-growth funds fared best while small-value funds posted smaller gains.
David Kathman
Investing Specialists
Morningstar Runs the Numbers
We take a numerical look through this week's Morningstar research. Plus, our most popular articles and videos for the week ended Nov. 25.
Morningstar.com
Stock Strategist
Cimarex's Stock Price Bakes In Unreasonably High Expectations
The future holds promise, but a great company doesn’t necessarily equal a compelling investment.
Mark Hanson
Our Picks
3 Cheap Stocks With Shifting Moats
We've adjusted our take on the competitive advantages of these undervalued firms.
Karen Wallace
Stock Strategist
Oil and Gas Price Outlook: Updating Our Near-Term Methodology for Forecasting Prices
In isolation, this will be a valuation tailwind for our coverage, but in most cases it will be modest.
Stephen Simko
Quarter-End Insights
Credit Market Outlook: Tight Spreads Will Keep a Lid on Returns
As credit spreads have tightened on a nearly continuous trend over the past year, they are becoming richly valued relative to their historical average.
David Sekera
Quarter-End Insights
Our Outlook for the Credit Markets
The corporate bond market will probably struggle to return much above break-even in 2014.
David Sekera
Credit Insights
Corporate Bonds Languish as Equity Markets Roar Ahead
Stronger-than-expected economic indicators prompted investors to rethink when the Federal Reserve may begin to taper its asset-purchase program.
David Sekera
Quarter-End Insights
Our Outlook for the Credit Markets
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
David Sekera
Quarter-End Insights
Our Outlook for the Credit Markets
Widening investment-grade credit spreads and rising interest rates lead to losses.
David Sekera
Credit Insights
Demand for Corporate Bonds Stronger Than It Appears
Of the issues that we followed in the secondary market, each was trading higher last week.
David Sekera
Quarter-End Insights
Credit Outlook: Sector Updates and Top Bond Picks
Get our sector-by-sector take on the bond market, plus our five best bond ideas.
David Sekera
Our Picks
Fill Up on These Diversified Funds to Gain Energy Exposure
Nonsector funds can help boost a beaten-down asset class' share of your portfolio.
Adam Zoll
US Videos
Third Avenue: Seeing on-the-Ground Strength in Hong Kong
Fresh from a trip to Asia, Third Avenue Value manager Ian Lapey discusses the fund's Hong Kong commecial real estate holdings, plus potential opportunities in oil and gas exploration and insurance.
Bridget B. Hughes
Stock Strategist Industry Reports
E&P Mid-Year Outlook 2010
Valuations appear more attractive for gas producers.
Eric Chenoweth
US Videos
How FPA Capital Stacks the Odds in Energy Picks
FPA Capital managers Rikard Ekstrand and Dennis Bryan on the funds historical investments in energy, outlook for the sector, and fund management in Bob Rodriguez's absence.
Jason Stipp
Stock Strategist Industry Reports
E&P Outlook 2010
Gas and oil fundamentals are still at odds in 2010.
Eric Chenoweth
Quarter-End Insights
Our Outlook for Energy Stocks
Energy firms take full advantage of market-driven opportunities in the second quarter.
Eric Chenoweth
Stock Strategist Industry Reports
Lower Prices, Greater Activity for Oil and Gas M&A in 2009
We see opportunities for those players able to purchase acreage at distressed prices.
Eric Chenoweth