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home / news releases / XEC - Cimarex Energy: A Great Oil Stock To Consider

XEC - Cimarex Energy: A Great Oil Stock To Consider

Cimarex Energy Co
  • Cimarex Energy, like other shale drillers, struggled last year but the company remained profitable and delivered free cash flows.
  • The company has a low cash flow breakeven point of under $35 per barrel and will report strong levels of free cash flows in 2021.
  • With nearly half of its future oil production covered with hedges and a decent balance sheet, the company can stand firm if oil prices drop.

For further details see:

Cimarex Energy: A Great Oil Stock To Consider
Stock Information
Company Name: Cimarex Energy Co
Stock Symbol: XEC
Market: NYSE
Website: cimarex.com
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