XEC News and Press, Cimarex Energy Co From 02/03/20

Saudi Arabia reportedly is pushing for a sharp short-term oil production cut in response to the China coronavirus, although OPEC and its allies are split for now over how they should manage supply. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Valero Energy ...

With the current rig count flat at 400 units and average new production per rig at 810 bbl/day, Permian Basin production will peak in February 2021 , then will start to fall at an accelerating rate as the burden of legacy well declines continues to grow, according to a Bloomberg analysis. ...

The oil and gas industry didn't have a great year in 2019, as crude oil prices dropped about 9% and natural gas prices dropped 18% amid a continued increase in supply. While that's good for consumers, it wasn't so positive for oil and gas companies and their investors. Over the past 12 months, t...

Cimarex Energy ( XEC -0.7% ) is upgraded to Outperform from Neutral with a $60 price target, up from $57, at Credit Suisse, which says double digit oil production growth looks achievable in 2020 and that this year could be setting up as an inflection year for the company. More news on:...

The energy sector ( XLE -0.7% ) is the only S&P sector currently trading in the red, pressured by concerns that the coronavirus outbreak in China will cause people to reduce their travel plans, which would mean lower demand for oil. More news on: Energy Select Sector SPDR ETF, Baker ...

DENVER , Jan. 21, 2020 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced it plans to report fourth quarter 2019 financial results on Wednesday, February 19, 2020 , after market close. The company will host its quarterly conference call at 11:00 AM ET on Thursday , Febr...

Cimarex ( XEC -1.5% ) COO, Joe Albi, to retire, effective July 1, 2020. More news on: Cimarex Energy Co., Energy stocks news, Read more ...

DENVER , Jan. 15, 2020 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that its Executive Vice President and Chief Operating Officer (COO), Joe Albi , has informed management and  the Cimarex Board of Directors of his retirement as an officer and director of the ...

Welcome, ladies and gents! When I struggle to come up with titles for my articles, I know there is nothing that will attract readers like …. accounting!? Some of you may have decided to read this, not knowing that it would be about boring stuff like balance sheets and fruit bowls, while...

Occidental Petroleum ( OXY +1.2% ) is one of three oil exploration and production stocks upgraded at Morgan Stanley while the firm downgrades its industry view to In-Line. More news on: Occidental Petroleum Corporation, Concho Resources Inc., Apache Corporation, Energy stocks news, Sto...