It’s been a crucial week for Cimarex Energy Co. (NYSE:XEC); here’s what analysts have to say.

February 17, 2018 - By Louis Casey

 It's been a crucial week for Cimarex Energy Co. (NYSE:XEC); here's what analysts have to say.
Investors sentiment increased to 1.15 in 2017 Q3. Its up 0.10, from 1.05 in 2017Q2. It improved, as 40 investors sold Cimarex Energy Co. shares while 128 reduced holdings. 56 funds opened positions while 137 raised stakes. 86.51 million shares or 3.87% more from 83.28 million shares in 2017Q2 were reported.
Texan invested in 0.35% or 4,688 shares. Rockefeller Fincl stated it has 0.01% in Cimarex Energy Co. (NYSE:XEC). Barclays Public Limited Co reported 26,547 shares stake. Profund Advsrs Ltd Com holds 5,132 shares. Liberty Capital Inc stated it has 0.13% in Cimarex Energy Co. (NYSE:XEC). Dimensional Fund Advsrs Limited Partnership has invested 0.02% in Cimarex Energy Co. (NYSE:XEC). Parallax Volatility Advisers L P stated it has 0% in Cimarex Energy Co. (NYSE:XEC). Columbia Wanger Asset Ltd Liability Corporation owns 166,377 shares or 0.28% of their US portfolio. Prelude Management Ltd holds 0.1% of its portfolio in Cimarex Energy Co. (NYSE:XEC) for 10,187 shares. Lucas Mngmt reported 0.28% of its portfolio in Cimarex Energy Co. (NYSE:XEC). Vanguard Gp has 0.05% invested in Cimarex Energy Co. (NYSE:XEC). Cushing Asset Management Limited Partnership has 12,000 shares. First Manhattan owns 3,825 shares or 0% of their US portfolio. Gideon Advsr has 0.33% invested in Cimarex Energy Co. (NYSE:XEC). Bessemer Group reported 0.01% in Cimarex Energy Co. (NYSE:XEC).

Since August 18, 2017, it had 0 buys, and 11 sales for $4.27 million activity. JORDEN THOMAS E also sold $255,684 worth of Cimarex Energy Co. (NYSE:XEC) on Tuesday, September 5. $262,500 worth of stock was sold by BELL STEPHEN P on Wednesday, September 13. LOGAN HAROLD R JR sold $96,623 worth of stock or 913 shares. Lambuth John sold $1.48 million worth of stock. $337,769 worth of Cimarex Energy Co. (NYSE:XEC) was sold by Barron Francis Brian. 2,229 Cimarex Energy Co. (NYSE:XEC) shares with value of $250,763 were sold by Johnson Krista L.

Cimarex Energy Co. (NYSE:XEC) Ratings Coverage

Among 35 analysts covering Cimarex Energy (NYSE:XEC), 22 have Buy rating, 0 Sell and 13 Hold. Therefore 63% are positive. Cimarex Energy had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Cimarex Energy Co. (NYSE:XEC) earned “Accumulate” rating by KLR Group on Monday, November 7. As per Friday, March 31, the company rating was downgraded by Seaport Global. Stephens maintained Cimarex Energy Co. (NYSE:XEC) on Tuesday, February 6 with “Hold” rating. On Tuesday, January 23 the stock rating was downgraded by KLR Group to “Hold”. The firm has “Overweight” rating by Barclays Capital given on Monday, November 20. The stock of Cimarex Energy Co. (NYSE:XEC) earned “Buy” rating by Cowen & Co on Friday, August 25. Stifel Nicolaus maintained Cimarex Energy Co. (NYSE:XEC) rating on Thursday, October 5. Stifel Nicolaus has “Buy” rating and $168.0 target. The firm has “Hold” rating given on Thursday, November 16 by Jefferies. The rating was upgraded by Williams Capital Group to “Buy” on Monday, May 15. The company was maintained on Tuesday, June 27 by Stifel Nicolaus. Below is a list of Cimarex Energy Co. (NYSE:XEC) latest ratings and price target changes.

16/02/2018 Broker: Imperial Capital Rating: Buy New Target: $154.0 Maintain
16/02/2018 Broker: Jefferies Rating: Hold New Target: $105.0 Maintain
15/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $125.0 Maintain
15/02/2018 Broker: Credit Suisse Rating: Buy New Target: $147.0 Maintain
15/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $185.0 Maintain
15/02/2018 Broker: Williams Capital Group Rating: Buy New Target: $154.0 Maintain
13/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $121.0 Maintain
07/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $168 New Target: $165 Maintain
06/02/2018 Broker: Stephens Rating: Hold New Target: $130.0 Maintain
06/02/2018 Broker: SunTrust Rating: Buy Upgrade

The stock decreased 0.03% or $0.03 during the last trading session, reaching $98.73. About 2.09 million shares traded or 105.99% up from the average. Cimarex Energy Co. (NYSE:XEC) has risen 1.88% since February 17, 2017 and is uptrending. It has underperformed by 14.82% the S&P500.

Cimarex Energy Co. operates as an independent gas and oil exploration and production firm primarily in Oklahoma, Texas, and New Mexico. The company has market cap of $9.41 billion. As of December 31, 2016, it had a total proved gas and oil reserves of 2.89 trillion cubic feet equivalent consisting of 1.47 trillion cubic feet of natural gas, 0.64 Tcfe of oil, and 0.78 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. It has a 19.02 P/E ratio. The firm also owned interests in 3,094 net productive gas and oil wells.

More important recent Cimarex Energy Co. (NYSE:XEC) news were published by: Nasdaq.com which released: “Cimarex Energy Co (XEC) Ex-Dividend Date Scheduled for February 14, 2018” on February 13, 2018, also Nasdaq.com published article titled: “Ex-Div Reminder for Cimarex Energy (XEC)”, Seekingalpha.com published: “Cimarex Energy’s (XEC) CEO Thomas Jorden on Q4 2017 Results - Earnings Call …” on February 16, 2018. More interesting news about Cimarex Energy Co. (NYSE:XEC) was released by: Nasdaq.com and their article: “Cimarex Energy (XEC) Beats Q4 Earnings and Revenue Estimates” with publication date: February 15, 2018.

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