| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
XEC Overview
Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico.
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: XEC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: XEC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
6.2%
XEC
2.8%
US Oil and Gas
-0.6%
US Market
1 Year Return
198.4%
XEC
52.5%
US Oil and Gas
33.8%
US Market
Return vs Industry: XEC exceeded the US Oil and Gas industry which returned 52.5% over the past year.
Return vs Market: XEC exceeded the US Market which returned 33.8% over the past year.
Shareholder returns
| XEC | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.2% | 2.8% | -0.6% |
| 30 Day | 32.8% | 8.4% | 2.0% |
| 90 Day | 20.2% | -5.2% | 4.7% |
| 1 Year | 204.2%198.4% | 61.4%52.5% | 35.8%33.8% |
| 3 Year | -10.8%-15.8% | -19.5%-31.1% | 60.0%50.1% |
| 5 Year | -32.9%-37.2% | -3.6%-23.3% | 123.0%98.7% |
Long-Term 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
3 weeks ago | Simply Wall St
This Insider Has Just Sold Shares In Cimarex Energy Co. (NYSE:XEC)1 month ago | Simply Wall St
Cimarex Energy Co. (NYSE:XEC) Shares Could Be 47% Below Their Intrinsic Value Estimate2 months ago | Simply Wall St
The Cimarex Energy (NYSE:XEC) Share Price Has Gained 161%, So Why Not Pay It Some Attention?Cimarex Energy Fundamentals Summary
| XEC fundamental statistics | |
|---|---|
| Market Cap | US$7.78b |
| Earnings (TTM) | -US$34.08m |
| Revenue (TTM) | US$2.19b |
3.6x
P/S Ratio-228.3x
P/E RatioIs XEC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| XEC income statement (TTM) | |
|---|---|
| Revenue | US$2.19b |
| Cost of Revenue | US$460.89m |
| Gross Profit | US$1.72b |
| Expenses | US$1.76b |
| Earnings | -US$34.08m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.34 |
| Gross Margin | 78.91% |
| Net Profit Margin | -1.56% |
| Debt/Equity Ratio | 110.9% |
How did XEC perform over the long term?
See historical performance and comparisonDividends
1.4%
Current Dividend Yield-288%
Payout RatioValuation
Is Cimarex Energy undervalued compared to its fair value and its price relative to the market?
34.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: XEC ($77.76) is trading below our estimate of fair value ($117.78)
Significantly Below Fair Value: XEC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: XEC is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: XEC is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate XEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: XEC is overvalued based on its PB Ratio (4.4x) compared to the US Oil and Gas industry average (1.8x).
Future Growth
How is Cimarex Energy forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
13.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: XEC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: XEC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: XEC's is expected to become profitable in the next 3 years.
Revenue vs Market: XEC's revenue (5.4% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: XEC's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: XEC's Return on Equity is forecast to be high in 3 years time (37.2%)
Past Performance
How has Cimarex Energy performed over the past 5 years?
-18.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: XEC is currently unprofitable.
Growing Profit Margin: XEC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: XEC is unprofitable, and losses have increased over the past 5 years at a rate of 18.4% per year.
Accelerating Growth: Unable to compare XEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: XEC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-19.4%).
Return on Equity
High ROE: XEC has a negative Return on Equity (-1.48%), as it is currently unprofitable.
Financial Health
How is Cimarex Energy's financial position?
Financial Position Analysis
Short Term Liabilities: XEC's short term assets ($1.3B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: XEC's short term assets ($1.3B) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: XEC's debt to equity ratio (110.9%) is considered high.
Reducing Debt: XEC's debt to equity ratio has increased from 63.4% to 110.9% 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 XEC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XEC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44% per year.
Dividend
What is Cimarex Energy current dividend yield, its reliability and sustainability?
1.39%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: XEC's dividend (1.39%) is higher than the bottom 25% of dividend payers in the US market (1.33%).
High Dividend: XEC's dividend (1.39%) is low compared to the top 25% of dividend payers in the US market (3.6%).
Stability and Growth of Payments
Stable Dividend: XEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: XEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: XEC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: XEC's dividends in 3 years are forecast to be thoroughly covered by earnings (10.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Tom Jorden (64 yo)
10yrs
Tenure
US$10,781,093
Compensation
Mr. Thomas E. Jorden, also known as Tom, has been the Chief Executive Officer and President at Cimarex Energy Company since September 30, 2011. Mr. Jorden served as Executive Vice President of Exploration...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD10.78M) is above average for companies of similar size in the US market ($USD6.44M).
Compensation vs Earnings: Tom's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: XEC's management team is seasoned and experienced (5.2 years average tenure).
Board Members
Experienced Board: XEC's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: XEC insiders have only sold shares 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: XEC
- Exchange: NYSE
- Founded: 2002
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$7.781b
- Shares outstanding: 100.07m
- Website: https://www.cimarex.com
Number of Employees
Location
- Cimarex Energy Co.
- 1700 Lincoln Street
- Suite 3700
- Denver
- Colorado
- 80203-4537
- United States
Listings
Biography
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, 2020, it had a total proved reserves of 531.0 m...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:03 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.