XEC News and Press, Cimarex Energy Co From 06/06/19

The U.S. may now be the world's biggest crude producer, but the oil produced in the prolific Permian Basin increasingly is too light in density for domestic refiners or for exports , Reuters reports. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Resources Inc...

The WTI crude oil price has dropped more than 20% below its April peak after closing -3.4% at $51.68/bbl, slipping below the $53.04 level needed to push oil into another bear market. More news on: Cimarex Energy Co., Occidental Petroleum Corporation, Halliburton Company, Energy stocks ...

Oil prices plunge after the EIA reports U.S. crude inventories rose unexpectedly last week while gasoline and distillate stockpiles built more than expected; WTI -3.5% to $51.61/bbl, Brent -2.4% to $60.48/bbl. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation,...

Benchmark crude oil prices tumbled to their lowest levels since March following a smaller than expected decline in U.S. crude inventories and fears of a global economic slowdown from the U.S.-China trade war. More news on: Cimarex Energy Co., Devon Energy Corporation, Marathon Petroleu...

The World is Not Ending (even in 12 years) and Neither is the Stock Market Chief Strategist Joseph Zidle of Blackstone, I paraphrase: "The trade war will not pull the US or China into recession. A European recession will not bring us down either. The silver lining is that we will see an econ...

DENVER , May 28, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced the retirement of David A. Hentschel from its Board of Directors and the appointment of Paul N. Eckley as an independent director of Cimarex effective May 31, 2019 . Mr. Eckley will be a member ...

Crude oil suffered its worst trading session of the year , as losses mounted throughout the day amid a burst of pessimism over U.S.-China trade tensions that pushed investors away from risky assets. More news on: Hess Corporation, Continental Resources, Inc., Devon Energy Corporation, Ene...

DENVER , May 23, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8⅛ percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on July 15, 2...

Crude oil prices are on pace for their biggest daily and weekly declines in six months as rising U.S.-China trade tensions dampen the global demand outlook; WTI -4.2% to $58.85/bbl, Brent -3.5% to $68.46/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ET...

Cimarex Energy's ( XEC +0.2% ) trend of development weighted increasingly to the Permian Basin likely will continue over the coming years and should bring the company's stock valuation closer to its Permian-weighted peers, SunTrust Robinson Humphrey says in upgrading shares to B...