XEC News and Press, Cimarex Energy Co From 04/11/19

The Permian Basin is producing so much natural gas that by the end of last year, oil and gas companies were burning off more than enough of the fuel to meet residential demand for the entire state of Texas, Bloomberg reports. More news on: Pioneer Natural Resources Company, EOG Resources...

A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years …We are profoundly worried that this could be a risky allocation over the next 10." Sanford C. Bernstein & Company Analysts (January 2017) Bull markets are born ...

Waha and El Paso Permian cash natural gas prices traded in positive territory today for the first time in more than two weeks , S&P Global Platts reports, as a decline in regional production and the end of maintenance coincided. More news on: EOG Resources, Inc., Pioneer Natural ...

DENVER , April 5, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced it plans to report first quarter 2019 financial results on Wednesday, May 8, 2019 , after market close. The company will host its quarterly conference call at 11:00 AM ET on Thursday , May 9, 2019. ...

Next-day natural gas prices at the Waha hub in west Texas extend their slide into record negative levels , as spot prices fell to negative $3.38/MMBtu for Wednesday, easily beating the previous all-time next-day low of negative $1.99/MMBtu set last week . More news on: The United States ...

Originally published March 8, 2019 Over the past decade, exploration and production companies (“producers”) have been in a land grab battle as shale oil resources (“shale oil plays”) have emerged across the United States. Starting in 2009, the Bakken Shale in N...

Oil and gas names populated the session's biggest losers as crude oil prices sink more than 3% following weak Chinese economic data and disappointing U.S. jobs growth;WTI -3.5% at $54.66/bbl, Brent -3.2% at $64.15/bbl. More news on: EOG Resources, Inc., Marathon Oil Corporation, Apac...

DENVER , March 6, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) ("Cimarex") announced today that it has priced an offering of $500 million aggregate principal amount of senior unsecured notes due 2029, which will carry an interest rate of 4.375 percent.  The notes were sol...

DENVER , March 1, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced that it completed its acquisition of Resolute Energy Corporation (NYSE: REN) ("Resolute") on March 1 , 2019.  Resolute stockholders were able to elect to receive all cash, all stock or a combinat...

Cimarex Energy ( XEC ) has delivered solid fourth quarter results and now looks well positioned to continue generating free cash flows as long as oil prices remain above $50 a barrel. However, the Denver, Colorado-based shale oil producer has given an underwhelming production growth forecast...