On May, 9 Analysts See $1.69 EPS for Cimarex Energy Co. (XEC)

April 17, 2018 - By Sheila Anderson

Cimarex Energy Co. (NYSE:XEC) Corporate Logo
Big Money Sentiment increased to 1.21 in Q4 2017. It has change of 0.06, from 2017Q3’s 1.15. The ratio increased due to Cimarex Energy Co. positioning: 29 sold and 139 reduced. 64 funds acquired stakes and 140 increased stakes. Investors holded 86.51 million in 2017Q3 but now own 85.60 million shares or 1.05% less.
Captrust Advisors owns 0.01% invested in Cimarex Energy Co. (NYSE:XEC) for 688 shs. Livforsakringsbolaget Skandia Omsesidigt invested in 0.02% or 1,446 shs. Calamos Advsr Ltd Com reported 25,853 shs stake. Bp Public Limited Company invested 0.05% of its capital in Cimarex Energy Co. (NYSE:XEC). Fifth Third Comml Bank stated it has 6,700 shs or 0.01% of all its holdings. Strs Ohio reported 0% of its capital in Cimarex Energy Co. (NYSE:XEC). Metropolitan Life Insurance Comm reported 0.03% of its capital in Cimarex Energy Co. (NYSE:XEC). Waddell & Reed holds 0.53% or 1.97M shs in its capital. Chevy Chase Inc holds 82,747 shs. Ashfield Cap Prns Ltd Llc holds 0.06% in Cimarex Energy Co. (NYSE:XEC) or 3,856 shs. Gradient Invs Lc holds 0% of its capital in Cimarex Energy Co. (NYSE:XEC) for 59 shs. Tci Wealth Advsrs has invested 0.08% in Cimarex Energy Co. (NYSE:XEC). 41,036 are owned by Toronto Dominion Bancorporation. Corecommodity Lc, Connecticut-based fund reported 349 shs. Delta Cap Mgmt Lc accumulated 2,035 shs.

Cimarex Energy Co. had 7 sales and 0 insider purchases since December 12, 2017. This’s net activity of $3.16 million. The insider JORDEN THOMAS E sold $565,700. On Tuesday, December 12 ALBI JOSEPH R sold $113,750 worth of Cimarex Energy Co. (NYSE:XEC) or 1,000 shs. The insider Barron Francis Brian sold 3,000 shs worth $337,769. Lambuth John sold $1.48 million worth of stock or 13,000 shs. $185,853 worth of Cimarex Energy Co. (NYSE:XEC) shs were sold by LOGAN HAROLD R JR.

On May, 9 WallStreet expected Cimarex Energy Co. (NYSE:XEC)’s earnings release, according to RTT. EPS of $1.69 is 60.95 % up from 2017’s $1.05 EPS. If EPS of $1.69 is published the profit of XEC could reach $161.29M giving it 14.31 P/E. After $1.47 EPS was published last quarter, analysts now see EPS growth of 14.97 % for Cimarex Energy Co.. The stock increased 2.92% or $2.74 during the last trading session, reaching $96.72.Cimarex Energy Co. is downtrending after having declined 20.15% since April 17, 2017. XEC has 1.50M volume or 12.64% up from normal. XEC underperformed the S&P 500 by 31.70%.

Cimarex Energy Co. (NYSE:XEC) Ratings Coverage

Total analysts of 19 have positions in Cimarex Energy (NYSE:XEC) as follows: 14 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 74%. Since October 18, 2017 according to StockzIntelligence Inc Cimarex Energy has 41 analyst reports. On Tuesday, February 13 Robert W. Baird maintained Cimarex Energy Co. (NYSE:XEC) rating. Robert W. Baird has “Buy” rating and $121.0 target. On Tuesday, January 23 the rating was downgraded by KLR Group to “Hold”. On Wednesday, December 20 the company was maintained by Jefferies. On Tuesday, December 19 the stock of Cimarex Energy Co. (NYSE:XEC) earned “Buy” rating by Seaport Global. In Tuesday, February 20 report KLR Group upgraded the stock to “Buy” rating. On Wednesday, November 8 the stock has “Buy” rating by KeyBanc Capital Markets. On Thursday, November 16 Jefferies maintained Cimarex Energy Co. (NYSE:XEC) with “Hold” rating. On Wednesday, November 22 the firm has “Hold” rating by Piper Jaffray given. On Thursday, February 15 the rating was maintained by Stifel Nicolaus with “Buy”. On Wednesday, October 18 the stock of Cimarex Energy Co. (NYSE:XEC) earned “Overweight” rating by Morgan Stanley.

Cimarex Energy Co. operates as an independent gas and oil exploration and production firm primarily in Oklahoma, Texas, and New Mexico.The firm is worth $9.23 billion. As of December 31, 2016, it had a total proved gas and oil reserves of 2.89 trillion cubic feet equivalent consisting of 1.47 trillion cubic feet of natural gas, 0.64 Tcfe of oil, and 0.78 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions.The P/E ratio is 18.62. The firm also owned interests in 3,094 net productive gas and oil wells.

Cimarex Energy Co. (NYSE:XEC) Institutional Investors Chart

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