XEC - Cimarex Energy EPS beats by $0.22 beats on revenue

Cimarex Energy (NYSE:XEC): Q2 Non-GAAP EPS of $2.09 beats by $0.22; GAAP EPS of $1.10 misses by $0.72. Revenue of $712.38M (+185.7% Y/Y) beats by $95.55M. Generated cash flow from operating activities of $364 million. Adjusted cash flow from operating activities (non-GAAP) totaled $394 million, exceeding capital expenditures and generating $195 million of free cash flow (non-GAAP). Delivered oil volumes of 72.7 MBopd. Outlook: Re-affirm Cimarex's full-year 2021 total capital expenditures guidance range of $650 million to $750 million, which is expected to drive fourth-quarter 2021 oil volume growth of more than 30% year-over-year. Press Release

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Cimarex Energy EPS beats by $0.22, beats on revenue