XEC News and Press, Cimarex Energy Co From 06/28/21

7 new deals and 7 SPAC business combinations announced last week. Lydall stock jumps 85% after news of acquisition. Buzzfeed to go public in a SPAC deal. For further details see: Merger Arbitrage Mondays - Buzzfeed To Go Public With 890 Fifth Avenue Partners

You may have noticed your price going up at the pump. That’s not some trick of perception. Energy prices have been shooting higher because the root driver of gas prices is, naturally, oil prices. And oil prices are going higher for reasons that are very hard to halt for politicians and...

chengwaidefeng/iStock via Getty Images Cimarex Energy ([[XEC]] +4.5%) powers higher in a strong session for oil producers, as Bank of America upgrades shares to Buy from Neutral with a $90 price target, up from $77, citing the stock's weakness since the Cabot Oil & Gas merger news an...

anatoliy_gleb/iStock via Getty Images Occidental Petroleum ([[OXY]] +1.3%) and Marathon Oil ([[MRO]] -1%) are upgraded at Morgan Stanley, which says both stocks offer compelling valuation even with the sharp rise in oil prices. The firm raises Occidental to Overweight from Equal Weight with a...

Nearly $13 billion worth of all cash deals announced last week. Magnachip receives a higher bid, but trades well below the original acquisition price due to regulatory risks. SPAC activity picks up with 9 new IPOs filed. For further details see: Merger Arbitrage Mondays ...

Regional bank consolidation continues with three new bank deals announced last week. Extended Stay America catches a higher bid. Chamath Palihapitiya files for four new biotech-focused SPACs. For further details see: Merger Arbitrage Mondays: Extended Stay America Receiv...

Catalysts will be harder to come by now among oil and gas stocks, but a major driver in the coming months will be news of new dividends or dividend policies, Barclays analyst Jeanine Wai believes."Since we're getting more and more of these [announcements] investors are more likely to begin to...

SWN to pay $2.7 B (stock, cash, assumed debt) for big private Hayneville player Indigo. Indigo brings strong margins and in 2022 improves debt, TEV/EBITDA, and free cash metrics. Expect this deal to be one of the better received in the "gassy space" as it actually improves SWN and...

Ali Group ignites a potential bidding war for Welbilt (WBT). Cimarex Energy (XEC) and Cabot Oil & Gas Corporation (COG) combine in an $8.5 billion all-stock deal. United Rentals (UFN) completes the acquisition of General Finance Corporation (GFN) in 40 days. For further ...

This Cimarex Energy (NYSE: XEC) report helps #investors and #traders identify both opportunity, and potential #redflags by using the price action of the stock.  The trading plans for XEC have risk controls, and that make these observations both opportunistic and defensi...