How Many Cimarex Energy Co. (NYSE:XEC)’s Analysts Are Bearish?

February 17, 2018 – By Winifred Garcia

Investors sentiment increased to 1.15 in Q3 2017. 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.
58,461 are held by Atlantic Tru Gp Limited Co. Invesco Ltd owns 239,505 shares. 60,011 are owned by Voya Inv. Bluecrest Capital Ltd owns 0.25% invested in Cimarex Energy Co. (NYSE:XEC) for 54,412 shares. Canada Pension Plan Invest Board stated it has 19,113 shares or 0% of all its holdings. Blair William Il owns 49,818 shares. Global Investors holds 1.19 million shares or 0.04% of its portfolio. Dnb Asset Mngmt As invested in 0.02% or 13,659 shares. Fjarde Ap, a Alabama-based fund reported 13,419 shares. Deutsche Bank Ag holds 0.02% of its portfolio in Cimarex Energy Co. (NYSE:XEC) for 256,497 shares. Norinchukin Bancorp The holds 0.02% of its portfolio in Cimarex Energy Co. (NYSE:XEC) for 7,093 shares. Advisor Prtn Ltd Liability Com reported 0.05% in Cimarex Energy Co. (NYSE:XEC). Farr Miller & Washington Ltd Com Dc reported 2,000 shares. Nomura Asset Ltd owns 0.02% invested in Cimarex Energy Co. (NYSE:XEC) for 11,547 shares. Brown Brothers Harriman Co reported 1,711 shares.

Since August 18, 2017, it had 0 insider purchases, and 11 selling transactions for $4.27 million activity. On Friday, December 15 the insider ALBI JOSEPH R sold $224,822. 913 shares valued at $96,623 were sold by LOGAN HAROLD R JR on Friday, September 15. The insider Barron Francis Brian sold $337,769. Shares for $1.48 million were sold by Lambuth John on Wednesday, December 13. The insider Johnson Krista L sold $250,763. BELL STEPHEN P also sold $262,500 worth of Cimarex Energy Co. (NYSE:XEC) on Wednesday, September 13.

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. KeyBanc Capital Markets maintained Cimarex Energy Co. (NYSE:XEC) on Wednesday, October 18 with “Buy” rating. The rating was maintained by Citigroup on Monday, September 14 with “Neutral”. Topeka Capital Markets maintained the shares of XEC in report on Monday, January 25 with “Hold” rating. The company was maintained on Thursday, August 11 by Citigroup. The firm has “Outperform” rating by Wells Fargo given on Wednesday, August 31. UBS maintained it with “Neutral” rating and $125 target in Thursday, August 4 report. Williams Capital Group maintained Cimarex Energy Co. (NYSE:XEC) rating on Thursday, February 15. Williams Capital Group has “Buy” rating and $154.0 target. Jefferies maintained it with “Hold” rating and $111.0 target in Monday, August 14 report. Barclays Capital maintained it with “Overweight” rating and $132 target in Wednesday, October 11 report. The stock of Cimarex Energy Co. (NYSE:XEC) has “Buy” rating given on Monday, December 11 by Credit Suisse. 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: “Ex-Div Reminder for Cimarex Energy (XEC)” on February 07, 2018, also Nasdaq.com published article titled: “Cimarex Energy (XEC) Beats Q4 Earnings and Revenue Estimates”, Nasdaq.com published: “Cimarex Energy Co (XEC) Ex-Dividend Date Scheduled for February 14, 2018” on February 13, 2018. More interesting news about Cimarex Energy Co. (NYSE:XEC) was released by: Seekingalpha.com and their article: “Cimarex Energy’s (XEC) CEO Thomas Jorden on Q4 2017 Results – Earnings Call …” with publication date: February 16, 2018.