News articles about Cimarex Energy (NYSE:XEC) have been trending positive on Thursday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cimarex Energy earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news articles about the oil and gas producer an impact score of 48.5161268220077 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Several research analysts recently weighed in on the company. Piper Jaffray Companies reissued a “hold” rating and set a $138.00 price target on shares of Cimarex Energy in a research report on Tuesday, January 9th. KLR Group lowered Cimarex Energy from a “buy” rating to a “hold” rating and set a $138.00 price target on the stock. in a research report on Tuesday, January 23rd. Credit Suisse Group set a $152.00 price target on Cimarex Energy and gave the company a “buy” rating in a research report on Tuesday, January 23rd. They noted that the move was a valuation call. KeyCorp reissued a “buy” rating on shares of Cimarex Energy in a research report on Wednesday, November 8th. Finally, Susquehanna Bancshares lowered Cimarex Energy from a “positive” rating to a “neutral” rating in a research report on Monday, November 13th. One analyst has rated the stock with a sell rating, nine have given a hold rating and fifteen have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $139.75.
Cimarex Energy (NYSE XEC) opened at $112.20 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.51 and a quick ratio of 1.42. Cimarex Energy has a 52-week low of $89.49 and a 52-week high of $136.31. The firm has a market capitalization of $10,891.18, a PE ratio of 29.84 and a beta of 1.33.
Cimarex Energy (NYSE:XEC) last issued its earnings results on Tuesday, November 7th. The oil and gas producer reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.12. Cimarex Energy had a return on equity of 16.11% and a net margin of 20.45%. The company had revenue of $463.68 million for the quarter, compared to analyst estimates of $451.53 million. During the same period in the prior year, the firm posted $0.53 EPS. The business’s revenue was up 38.1% compared to the same quarter last year. sell-side analysts anticipate that Cimarex Energy will post 4.56 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders 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 dividend yield of 0.29%. The ex-dividend date of this dividend is Wednesday, February 14th. Cimarex Energy’s dividend payout ratio is 8.51%.
In other news, VP Joseph R. Albi sold 2,000 shares of the stock in a transaction dated Friday, December 15th. The stock was sold at an average price of $112.41, for a total transaction of $224,820.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Thomas E. Jorden sold 2,500 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $125.10, for a total value of $312,750.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 32,264 shares of company stock worth $3,804,134. 1.70% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: This article was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The correct version of this article can be read at https://www.dispatchtribunal.com/2018/02/01/cimarex-energy-xec-receives-daily-news-sentiment-score-of-0-27.html.
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.
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.