XEC - Cimarex Energy Co: The Winning Streak Continues (XEC)

Shares of Cimarex Energy Co (NYSE:XEC) traded at a new 52-week high today of $73.96. Approximately 466,000 shares have changed hands today, as compared to an average 30-day volume of 943,000 shares.

Cimarex Energy Co share prices have moved between a 52-week high of $73.96 and a 52-week low of $21.65 and are now trading 240% above that low price at $73.52 per share.

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.

Cimarex Energy Co (NYSE:XEC) has potential upside of 74.4% based on a current price of $73.52 and analysts' consensus price target of $128.25.

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