Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico.
Fair value with moderate growth potential.
Share Price & News
How has Cimarex Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ENY's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: ENY underperformed the German Oil and Gas industry which returned 26% over the past year.
Return vs Market: ENY underperformed the German Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Cimarex Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Cimarex Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ENY (€24.4) is trading below our estimate of fair value (€42.8)
Significantly Below Fair Value: ENY is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ENY is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: ENY is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate ENY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: ENY is good value based on its PB Ratio (0.9x) compared to the DE Oil and Gas industry average (1.1x).
How is Cimarex Energy forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).
Earnings vs Market: ENY is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: ENY's is expected to become profitable in the next 3 years.
Revenue vs Market: ENY's revenue (2.2% per year) is forecast to grow slower than the German market (5.8% per year).
High Growth Revenue: ENY's revenue (2.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENY's Return on Equity is forecast to be low in 3 years time (1.8%).
How has Cimarex Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENY is currently unprofitable.
Growing Profit Margin: ENY is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: ENY is unprofitable, but has reduced losses over the past 5 years at a rate of 50% per year.
Accelerating Growth: Unable to compare ENY's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: ENY is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.2%).
Return on Equity
High ROE: ENY has a negative Return on Equity (-32.22%), as it is currently unprofitable.
How is Cimarex Energy's financial position?
Financial Position Analysis
Short Term Liabilities: ENY's short term assets ($676.6M) exceed its short term liabilities ($625.1M).
Long Term Liabilities: ENY's short term assets ($676.6M) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: ENY's debt to equity ratio (69.2%) is considered high.
Reducing Debt: ENY's debt to equity ratio has increased from 36.7% to 69.2% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ENY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ENY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.4% per year.
What is Cimarex Energy's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: ENY's dividend (3.35%) is higher than the bottom 25% of dividend payers in the German market (1.28%).
High Dividend: ENY's dividend (3.35%) is low compared to the top 25% of dividend payers in the German market (3.93%).
Stability and Growth of Payments
Stable Dividend: ENY's dividend payments have been volatile in the past 10 years.
Growing Dividend: ENY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: ENY is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: ENY's dividends in 3 years are forecast to be well covered by earnings (28.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Jorden (62yo)
Mr. Thomas E. Jorden, also known as Tom, has been the Chief Executive Officer and President at Cimarex Energy Company since September 30, 2011. Mr. Jorden served as Executive Vice President of Exploration ...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD9.00M) is above average for companies of similar size in the German market ($USD2.36M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||4.58yrs||US$3.53m||0.15% $3.5m|
|Executive VP||8.58yrs||US$4.23m||0.19% $4.5m|
|Senior VP & Chief Human Resources Officer||1yr||US$5.11m||0.063% $1.5m|
|VP, Controller||3.17yrs||no data||0.015% $354.6k|
|Vice President of Investor Relations||no data||no data||no data|
|Senior VP & General Counsel||6.83yrs||no data||0.12% $2.9m|
|Executive Vice President of Business Development||7.58yrs||US$4.22m||0.16% $3.9m|
|Senior Vice President of Production||no data||no data||0.026% $613.1k|
|Vice President of Operations||no data||no data||0.030% $712.7k|
Experienced Management: ENY's management team is seasoned and experienced (6.8 years average tenure).
|Executive VP||8.58yrs||US$4.23m||0.19% $4.5m|
|Independent Director||18.17yrs||US$313.79k||0.45% $10.7m|
|Independent Director||14.58yrs||US$326.90k||0.021% $494.5k|
|Independent Lead Director||no data||US$346.90k||0.015% $348.9k|
|Independent Director||4.58yrs||US$306.90k||0.012% $271.8k|
|Independent Director||7.42yrs||US$326.90k||0.017% $402.0k|
|Independent Director||0.58yr||US$203.89k||0.0028% $65.8k|
|Independent Director||3yrs||US$306.81k||0.0076% $180.5k|
Experienced Board: ENY's board of directors are considered experienced (7.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ENY insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cimarex Energy Co.'s company bio, employee growth, exchange listings and data sources
- Name: Cimarex Energy Co.
- Ticker: ENY
- Exchange: DB
- Founded: 2002
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$2.623b
- Listing Market Cap: US$2.359b
- Shares outstanding: 99.80m
- Website: https://www.cimarex.com
Number of Employees
- Cimarex Energy Co.
- 1700 Lincoln Street
- Suite 3700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|XEC||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Sep 2002|
|ENY||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Sep 2002|
|0HYB||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Sep 2002|
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. As of December 31, 2019, it had a total proved reserves of 619.6 million barrels of oil equivalent, consisting of 1.53 trillion cubic feet of natural gas; 169.8 million barrels (MMBbls) of oil; and 194.5 MMBbls of natural gas liquids primarily located in the Permian Basin and Mid-Continent regions. The company also owned interests in 2,782 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/31 21:35|
|End of Day Share Price||2020/05/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.