 |
Minimal deposit $50 Exclusive promotion |
Our score |
0% commission |
Are you looking to buy Cimarex Energy stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:XEC! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Cimarex Energy stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. As of December 31, 2019, it had a total proved reserves of 619.6 million barrels of oil equivalent, consisting of 1.53 trillion cubic feet of natural gas; 169.8 million barrels (MMBbls) of oil; and 194.5 MMBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions. The company also owned interests in 2,782 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.
Average volume
1.33 million shs
MARKET CAP
$4.97 billion
Stock exchange
NYSE
Buy this stock!
|
NAME
|
TICKER
|
INDUSTRY
|
SECTOR
|
VOLUME
|
BUY THIS STOCK NOW
|
|---|---|---|---|---|---|
|
NYSE:XEC
|
Crude petroleum & natural gas
|
Oils/Energy
|
12,913 shs
|
Below is a quick guide on how to buy NYSE:XEC stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Cimarex Energy shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Cimarex Energy – Search for “”NYSE:XEC”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Cimarex Energy stocks with 0% commission!.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
22 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Cimarex Energy in the last twelve months. There are currently 3 hold ratings and 19 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” Cimarex Energy stock.
Wall Street analysts have given Cimarex Energy a “Buy” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Cimarex Energy wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
2 |  | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
3 |  | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:XEC stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Cimarex Energy stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Cimarex Energy stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “NYSE:XEC stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some NYSE:XEC stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, NYSE:XEC is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Cimarex Energy stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Cimarex Energy is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Cimarex Energy.
Cimarex Energy will be holding an earnings conference call on Monday, February 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
Cimarex Energy Co. (NYSE:XEC) issued its quarterly earnings data on Monday, November, 9th. The oil and gas producer reported $0.51 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.21 by $0.30. The oil and gas producer had revenue of $401.70 million for the quarter, compared to analysts’ expectations of $390.33 million. Cimarex Energy had a negative net margin of 104.14% and a positive trailing twelve-month return on equity of 7.29%. Cimarex Energy’s quarterly revenue was down 31.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 earnings per share.
View Cimarex Energy’s earnings history.
Cimarex Energy’s stock was trading at $16.58 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, XEC shares have increased by 189.2% and is now trading at $47.95.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:XEC stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Cimarex Energy declared a quarterly dividend on Monday, December 7th. Investors of record on Tuesday, February 16th will be paid a dividend of $0.22 per share on Monday, March 1st. This represents a $0.88 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Friday, February 12th.
View Cimarex Energy’s dividend history.
Cimarex Energy pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.84%. Cimarex Energy has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Cimarex Energy is 19.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cimarex Energy will have a dividend payout ratio of 35.06% next year. This indicates that Cimarex Energy will be able to sustain or increase its dividend.
View Cimarex Energy’s dividend history.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
22 brokers have issued 12-month price targets for Cimarex Energy’s stock. Their forecasts range from $21.00 to $63.00. On average, they anticipate Cimarex Energy’s stock price to reach $43.38 in the next twelve months. This suggests that the stock has a possible downside of 9.5%.
View analysts’ price targets for Cimarex Energy or view top-rated stocks among Wall Street analysts.
Cimarex Energy saw a increase in short interest in January. As of January 15th, there was short interest totaling 3,270,000 shares, an increase of 16.4% from the December 31st total of 2,810,000 shares. Based on an average trading volume of 1,470,000 shares, the short-interest ratio is presently 2.2 days. Currently, 3.3% of the shares of the company are short sold.
View Cimarex Energy’s Short Interest.
Cimarex Energy’s management team includes the following people:
Mr. Thomas E. Jorden, Chairman, CEO & Pres (Age 64, Pay $2.28M)
Mr. G. Mark Burford, Sr. VP & CFO (Age 53, Pay $1.03M)
Mr. Christopher H. Clason, Sr. VP & Chief HR Officer (Age 54, Pay $1.46M)
Mr. John A. Lambuth, Exec. VP of Exploration (Age 59, Pay $1.08M)
Mr. Timothy A. Ficker, VP, Controller, Chief Accounting Officer & Assistant Sec. (Age 53)
Ms. Karen Acierno, VP of Investor Relations
Mr. Francis B. Barron, Sr. VP & Gen. Counsel (Age 58)
Mr. Stephen Parker Bell, Exec. VP of Bus. Devel. (Age 66)
Mr. Thomas F. McCoy, Sr. VP of Production
Blake A. Sirgo, VP of Operations
25 employees have rated Cimarex Energy CEO Thomas E. Jorden on Glassdoor.com. Thomas E. Jorden has an approval rating of 86% among Cimarex Energy’s employees.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
Some companies that are related to Cimarex Energy include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Devon Energy (DVN), Diamondback Energy (FANG), Continental Resources (CLR), Cabot Oil & Gas (COG), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), PDC Energy (PDCE), Southwestern Energy (SWN), Range Resources (RRC) and Matador Resources (MTDR).
View all of XEC’s competitors.
Based on aggregate information from Reportlab watchlists, some companies that other Cimarex Energy investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Hawkins (HWKN), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil Co. (ATH.TO) (ATH), Micron Technology (MU), Transocean (RIG) and ALJ Regional (ALJJ).
Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol “XEC.”
Cimarex Energy’s stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.51%), Victory Capital Management Inc. (4.34%), Boston Partners (1.08%), Retirement Systems of Alabama (0.32%), Foundry Partners LLC (0.31%) and Assenagon Asset Management S.A. (0.28%). Company insiders that own Cimarex Energy stock include David A Hentschel, Francis Brian Barron, Harold R Logan Jr, Joseph R Albi, Lisa A Stewart, Stephen P Bell and Thomas E Jorden.
View institutional ownership trends for Cimarex Energy.
XEC stock was sold by a variety of institutional investors in the last quarter, including Janney Montgomery Scott LLC, Centre Asset Management LLC, Value Holdings Management CO. LLC, Zurcher Kantonalbank Zurich Cantonalbank , Grace & White Inc. NY, Texas Permanent School Fund, Pacer Advisors Inc., and Thomas Story & Son LLC. Company insiders that have sold Cimarex Energy company stock in the last year include David A Hentschel, Joseph R Albi, and Stephen P Bell.
View insider buying and selling activity for Cimarex Energy or view top insider-selling stocks.
XEC stock was purchased by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Foundry Partners LLC, Victory Capital Management Inc., Retirement Systems of Alabama, Assenagon Asset Management S.A., CHURCHILL MANAGEMENT Corp, First Trust Advisors LP, and BlackRock Inc.. Company insiders that have bought Cimarex Energy stock in the last two years include Harold R Logan Jr, Lisa A Stewart, and Thomas E Jorden.
View insider buying and selling activity for Cimarex Energy or or view top insider-buying stocks.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Cimarex Energy stocks?
The safest and easiest way to buy NYSE:XEC stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Cimarex Energy stock?
You will first want to find a licensed broker that supports Cimarex Energy stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:XEC stocks in a safe and complete environment.
Is NYSE:XEC stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:XEC stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Cimarex Energy stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:XEC is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Cimarex Energy stock.
How do you trade Cimarex Energy stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Cimarex Energy stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:XEC stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Cimarex Energy stock?
To sell your NYSE:XEC stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Cimarex Energy stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:XEC stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
| Our score ★★★★★ | |
| Our score ★★★★★ | |
| Our score ★★★★★ |
Newsletter
Recent News
| |
Our score |
0% commission |
Realtime Stocks & Crypto data
Notifications, Tips & News
Best Stocks & Crypto Guides
Online Broker & Exchange Reviews
Reportlab Finance is purely an informative website and in no case implies investment advice. All investments carry risks and you can lose all your investments. Do not invest money that you cannot afford to lose.
Reportlab Finance
38 Holburn Lane
Heckfield Green
IP21 0UB
United Kingdom
Copyright © 2022 Reportlab.Finance | All rights reserved.
