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XEC - Cimarex Energy: XEC Stands For Excellent Execution Company
Cimarex Energy Co
Cimarex Energy (XEC) is one of the more profitable oil and gas companies in the industry. Costs remain low and growth under a variety of industry conditions are a near certainty. Yet, for many years, investors needed to pay a premium for this great company. That appears to be coming to an end. The shares are now priced far more reasonable than any time in the past as this company transitions from a "Permian story stock" to a very good oil company investment.