XEC News and Press, Cimarex Energy Co From 06/22/20

Concho Resources ( CXO +1.9% ) moves higher after Bank of America upgrades shares to Buy from Neutral with a $70 price target and raises Cimarex Energy ( XEC +2.3% ) to Neutral with a $33 target, saying it favors large-cap stocks that are "leveraged to a faster recovery in oil prices."...

Crude oil prices ( CL1:COM ) continue lower on fears over fresh outbreaks of COVID-19 as well as EIA data showing an increase in U.S. inventories; July WTI -1.6% to $37.77/bbl, August Brent -1% to $40.56/bbl. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, Cimarex E...

Cimarex Energy ( XEC ) might increase drilling activity and bring back the curtailed oil production following improvement in commodity prices to $36 per barrel. The company might struggle with low levels of earnings and cash flows in the second quarter. But the Denver, Colorado-based shale d...

Energy ( XLE +7.7% ) leads the S&P sector standings on a day of broad gains with all 11 groups gaining 1% or more, as WTI June crude (NYSEARCA: USO ) soars +12.2% to $33.03/bbl, its highest level since mid-March, and July Brent (NYSEARCA: BNO ) +9.1% to $35.46/bbl, its best level i...

Oklahoma's Corporation Commission, which regulates the state's oil and gas industry, took no action today on applications from energy producers seeking to win support for measures they said would help stabilize oil prices. More news on: Devon Energy Corporation, Cimarex Energy Co., Marat...

It has been exactly three months since my last article, so I thought it might be a good time to check in. Has anything important happened in that period? After the time-consuming and exhausting effort of writing several articles early in the year, then anticipating having to immediately dive...

Image source: The Motley Fool. Cimarex Energy Co   (NYSE: XEC) Q1 2020 Earnings Call May 7, 2020 , 11:00 a.m. ET Operator Continue reading

Cimarex Energy Co (XEC) Q1 2020 Earnings Conference Call May 07, 2020, 11:00 ET Company Participants Karen Acierno - VP, IR Thomas Jorden - Chairman, CEO & President Mark Burford - SVP & CFO Conference Call Participants Arun Jayaram - JPMorgan Chase & Co. Gabr...

The following slide deck was published by Cimarex Energy Co. in conjunction with their 2020 Q1 earnings Read more ...

Cimarex Energy (NYSE: XEC ): Q1 Non-GAAP EPS of $0.58 beats by $0.19 ; GAAP EPS of -$7.77 misses by $8.20 . More news on: Cimarex Energy Co., Earnings news and commentary, Energy stocks news, Read more ...