XEC News and Press, Cimarex Energy Co From 03/31/20

The energy sector ( XLE +4% ) takes an unaccustomed spot at the top of the S&P sector leaderboard, as U.S. oil futures firm with Pres. Trump and Russia's Pres. Putin agreeing to talks aimed at stabilizing energy markets. More news on: Energy Select Sector SPDR ETF, Noble Energy,...

Texas regulators are considering curtailing oil production for the first time since the 1970s, WSJ reports. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Resources Inc., Energy stocks news, Read more ...

Cimarex Energy (NYSE: XEC ) cuts its FY20 capex guidance by 40-50% from its prior guidance of $1.25B - $1.35B due to the recent drop in oil prices. More news on: Cimarex Energy Co., Energy stocks news, Read more ...

DENVER , March 17, 2020 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that, due to the recent drop in oil prices, it expects a 40-50 percent reduction in its 2020 capital investment program from its original guidance of $1.25 - $1.35 billion . Cimarex Chairma...

Crude oil marks another finish at four-year lows , and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share. More news on: The United States Oil ETF, LP, Noble Energy, Inc., SM Energy Company, Energy stocks news, Commo...

Oil prices have declined more than 50 percent since January, with Brent crude breaking below the US$30 per barrel mark on Monday (March 16) as concerns about the global economy continued to increase on the back of the coronavirus pandemic.  The international benchmark fell 11.2 percent ...

Crude oil has rebounded by almost 8% to $33.60 per barrel. More news on: Pioneer Natural Resources Company, Occidental Petroleum Corporation, Chevron Corporation, Energy stocks news, News on ETFs, Read more ...

Plunging oil prices will expose a "significant portion" of the $348B of investment grade index-eligible debt that is BBB rated to downgrade and aggravate strains in the broader U.S. credit market, Morgan Stanley says. More news on: Chesapeake Energy Corporation, Whiting Petroleum Corporati...

Matador Resources (NYSE: MTDR ) -56% . More news on: Matador Resources Company, Parsley Energy, Inc., SM Energy Company, Stocks on the move, , Read more ...

Permian Basin producers are set to suffer in the wake of the oil price collapse, as more defaults and bankruptcies are all but certain . More news on: Occidental Petroleum Corporation, Chevron Corporation, Concho Resources Inc., Energy stocks news, Stocks on the move, Read more ...