XEC News and Press, Cimarex Energy Co From 09/23/19

DENVER , Sept. 23, 2019 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced the retirement of Michael J. Sullivan from its Board of Directors and the appointment of Kathleen A. Hogenson as an independent director of Cimarex effective September 30, 2019 . Cimarex Cha...

This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages in each industry . Executive summary Energy equipment services, oil/gas, and paper/wood are undervalu...

U.S. WTI October crude oil (NYSEARCA: USO ) settled -5.7% to $59.34/bbl, near its lows of the day following news that Saudi energy minister bin Salman said oil production capabilities were fully restored and that oil output will return to pre-attack levels by the end of this month . ...

Oil and gas names ( XLE -1.7% ) tumble into the red following a report that Saudi Arabia could fully restore its lost oil production within 2-3 weeks. More news on: Energy Select Sector SPDR ETF, Chesapeake Energy Corporation, Apache Corporation, Energy stocks news, Stocks on the move,...

U.S. shale oil output should continue to grow rapidly before peaking near 2030 at 14.5M bbl/day from ~8M bbl/day currently, according to a bullish new analysis from research firm Rystad Energy. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Resources Inc., En...

In terms of exploration and production, Matador Resources Company ( MTDR ) could be considered more a novillos (a novice, in bull-fighting terms ) in its competition with the other Permian producers rather than a star bullfighter ( matador ). It has nonetheless grown its New Mexico-focuse...

Crude oil prices ( USO -2.3% ) are firmly in the red after an OPEC technical meeting brings no decision on further production cuts despite a mounting global supply glut and weakening demand growth for crude, instead focusing on bringing Nigerian and Iraqi output down to agreed quotas. ...

Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...

The oil market is in rally mode today. Crude oil rose more than 1.5% the day after a closely watched report from the U.S. government showed a significant drop in oil storage levels. That fueled optimism across the energy sector , sending most stocks soaring. The biggest gainers were Cimarex En...

Crude oil futures ( USO +1.3% ) are in the green but off highs of the day, after U.S. government data showed the largest weekly drop in five weeks for domestic crude supplies, helping ease concerns about slowing demand; October WTI  +1.8% to $55.91/bbl, Brent +1.8% to $60.57/bbl....