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Cimarex Energy

Executive Summary

Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico.

Snowflake Analysis

Fair value with moderate growth potential.

Similar Companies

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.

Market Performance

7 Day Return




DE Oil and Gas


DE Market

1 Year Return




DE Oil and Gas


DE Market

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.

Shareholder returns

7 Day1.7%13.0%3.0%
30 Day2.5%14.6%5.4%
90 Day-18.1%-3.5%-1.2%
1 Year-52.4%-53.5%29.7%26.0%1.8%0.2%
3 Year-73.0%-73.9%-2.8%-12.1%-7.2%-14.3%
5 Year-74.8%-75.9%157.5%121.0%4.3%-9.1%

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).

Next Steps

Future Growth

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%).

Next Steps

Past Performance

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.

Next Steps

Financial Health

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.

Balance Sheet

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.

Next Steps


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).

Next Steps


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.

Leadership Team

Thomas Jorden
Chairman8.58yrsUS$9.00m0.53% $12.6m
G. Burford
Senior VP & CFO4.58yrsUS$3.53m0.15% $3.5m
Joseph Albi
Executive VP8.58yrsUS$4.23m0.19% $4.5m
Christopher Clason
Senior VP & Chief Human Resources Officer1yrUS$5.11m0.063% $1.5m
Timothy Ficker
VP, Controller3.17yrsno data0.015% $354.6k
Karen Acierno
Vice President of Investor Relationsno datano datano data
Francis Barron
Senior VP & General Counsel6.83yrsno data0.12% $2.9m
Stephen Bell
Executive Vice President of Business Development7.58yrsUS$4.22m0.16% $3.9m
Thomas McCoy
Senior Vice President of Productionno datano data0.026% $613.1k
Blake Sirgo
Vice President of Operationsno datano data0.030% $712.7k


Average Tenure


Average Age

Experienced Management: ENY's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Thomas Jorden
Chairman8.58yrsUS$9.00m0.53% $12.6m
Joseph Albi
Executive VP8.58yrsUS$4.23m0.19% $4.5m
Hans Helmerich
Independent Director18.17yrsUS$313.79k0.45% $10.7m
Monroe Robertson
Independent Director14.58yrsUS$326.90k0.021% $494.5k
Harold Logan
Independent Lead Directorno dataUS$346.90k0.015% $348.9k
Lisa Stewart
Independent Director4.58yrsUS$306.90k0.012% $271.8k
Floyd Price
Independent Director7.42yrsUS$326.90k0.017% $402.0k
Kathleen Hogenson
Independent Director0.58yrUS$203.89k0.0028% $65.8k
Paul Eckley
Director1yrUS$306.40k0.0035% $82.6k
Frances Vallejo
Independent Director3yrsUS$306.81k0.0076% $180.5k


Average Tenure


Average Age

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

Cimarex Energy Co.'s company bio, employee growth, exchange listings and data sources

Key Information

  • 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
  • Denver
  • Colorado
  • 80203-4537
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XECNYSE (New York Stock Exchange)YesCommon StockUSUSDSep 2002
ENYDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2002
0HYBLSE (London Stock Exchange)YesCommon StockGBUSDSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 21:35
End of Day Share Price2020/05/29 00:00
Annual Earnings2019/12/31

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.