Cimarex Energy
ProfileJobs (20)

Cimarex Energy

Suggest Edit
    • Energy & Utilitiesdrillingexploration & developmentoil & gas
    Cimarex Energy is an independent oil and gas exploration and production company. The Company's approach is focused on drill-bit driven growth in production and reserves utilizing risked rate of return economics to evaluate projects. The Company relies heavily on the organization of geoscientists to generate the company's drilling prospects.

    Cimarex Energy has decentralized exploration teams who are experts in their regions. A cornerstone to the company's approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. The Company's analysis includes estimates and assessments of potential reserve size, geologic and mechanical risks, expected costs and future production profiles.

    Revenue(FY, 2017)
    $1.9 B
    Market capitalization(2018-12-04)
    $7.7 B

    Employee Rating

    3.8More
    TypePublic
    HQDenver, US
    Founded2002
    Size (employees)910 (est)+7%
    Websitecimarex.com
    Cimarex Energy was founded in 2002 and is headquartered in Denver, US
    Report incorrect company information

    Viewing summary data as a guest

    Sign up for free to see all data

    Cimarex Energy Office Locations

    Cimarex Energy has offices in Denver, Tulsa and Midland
    Denver, (HQ)
    1800 1700 Lincoln St
    Midland,
    600 N Marienfeld St
    Tulsa,
    1000 202 S Cheyenne Ave
    Show all (3)
    Report incorrect company information

    Cimarex Energy Financials and Metrics

    Cimarex Energy Revenue

    Cimarex Energy's revenue was reported to be $1.92 b in FY, 2017
    USD

    Revenue (Q3, 2018)

    		591.5m

    Net income (Q3, 2018)

    		148.4m

    EBIT (Q3, 2018)

    		196.7m

    Market capitalization (4-Dec-2018)

    		7.7b

    Closing stock price (4-Dec-2018)

    		80.9

    Cash (30-Sep-2018)

    		863.9m

    EV

    		8.4b
    Cimarex Energy's current market capitalization is $7.7 b.
    Annual
    USDFY, 2013FY, 2015FY, 2016FY, 2017

    Revenue

    		2.0b1.5b1.3b1.9b

    Revenue growth, %

    		(40%)(13%)

    General and administrative expense

    		77.5m74.7m73.9m80.0m

    Operating expense total

    		1.1b5.2b1.8b1.2b
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018

    Revenue

    		361.0m424.3m356.1m240.6m298.9m335.7m447.2m456.5m567.1m556.3m591.5m

    General and administrative expense

    		15.9m14.1m20.4m13.9m21.4m20.1m18.0m19.8m23.3m19.7m21.1m

    Operating expense total

    		996.4m1.4b1.5b518.7m710.2m343.1m225.7m260.0m316.5m363.8m394.8m

    Depreciation and amortization

    		217.5m185.7m128.1m123.9m109.3m95.8m107.9m
    show all
    Annual
    usdY, 2009Y, 2010Y, 2011Y, 2012Y, 2013FY, 2013Y, 2014FY, 2015Y, 2015FY, 2016FY, 2017

    Cash

    		2.5m114.1m2.4m69.5m4.5m4.5m405.9m779.4m779.4m652.9m400.5m

    Accounts Receivable

    Inventories

    Current Assets

    		469.1m469.1m931.8m1.1b1.1b969.3m935.6m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Cash

    		4.5m4.5m128.6m563.7m676.6m641.7m698.7m578.9m519.6m422.8m463.8m410.8m863.9m

    Current Assets

    		496.9m514.7m686.4m1.1b931.1m917.6m966.5m949.2m927.9m894.1m978.0m990.1m1.4b

    PP&E

    		137.5m159.8m182.5m195.9m227.3m224.1m214.4m

    Goodwill

    		620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m620.2m
    show all
    Annual
    USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		564.7m507.2m(2.4b)(408.8m)494.3m

    Depreciation and Amortization

    		615.9m806.0m778.9m392.3m

    Inventories

    Accounts Payable

    		(13.3m)(276.7m)(1.5m)115.0m
    Quarterly
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

    Net Income

    		357.9m138.5m287.1m431.4m(414.9m)(600.2m)(763.3m)(186.1m)(456.4m)(469.2m)131.0m228.2m319.6m186.3m327.3m475.7m

    Depreciation and Amortization

    		442.9m173.9m368.9m588.3m216.8m217.5m185.7m128.1m252.0m361.3m95.8m203.7m

    Accounts Payable

    		(13.6m)(8.6m)18.6m69.4m74.7m71.5m71.6m(41.7m)(27.8m)(2.4m)31.3m32.4m75.6m(30.5m)(29.3m)59.7m

    Cash From Operating Activities

    		940.7m348.0m769.8m1.3b85.1m213.7m429.3m249.5m504.8m755.8m383.1m704.3m1.2b
    show allwdxefcqufszuzezftuxetqsqxt
    USDY, 2018

    EV/EBIT

    		42.5 x

    EV/CFO

    		7.2 x

    Debt/Equity

    		0.5 x

    Debt/Assets

    		0.3 x

    Financial Leverage

    		1.9 x
    Show all financial metrics
    Report incorrect company information

    Competitors

    Helmerich & Payne
    Energy & Utilities - Public
    Alta Mesa Holdings
    Energy & Utilities - Private
    Citadel Exploration
    Energy & Utilities - Public
    SRC Energy
    Energy & Utilities - Public
    Compare competitors

    Cimarex Energy Online and Social Media Presence

    Embed Graph
    Report incorrect company information

    Cimarex Energy News and Updates

    December 06, 2018

    Cimarex Energy Declares Quarterly Cash Dividend

    DENVER, Dec. 6, 2018 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.18 per share. The dividend is payable on March 1, 2019, to stockholders of record on February 15, 2019. About...
    November 19, 2018

    Resolute (REN) Alert: Johnson Fistel Investigates Proposed Sale of Resolute Energy Corporation to Cimarex Energy Co.; Are Shareholders Getting a Fair Deal?

    SAN DIEGO, Nov. 19, 2018 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Resolute Energy Corporation (NYSE: REN) ("Resolute") breached their fiduciary duties in connection with the proposed sale of the Company ...
    November 19, 2018

    Cimarex Energy to buy smaller rival Resolute Energy in a $1.6 billion deal

    Oil and gas producer Cimarex Energy said on Monday it would buy smaller rival Resolute Energy in deal valued at $1.6 billion, including debt.
    November 19, 2018

    Resolute Energy's stock set to surge after $1.6 billion buyout deal with Cimarex Energy

    Shares of Resolute Energy Co. were indicated up over 8% in premarket trade Monday, after the oil and gas company announced a deal to be acquired by Cimarex Energy Co. in a cash and stock deal valued at $1.6 billion, including $710 million in debt. Under terms of the deal, Resolute shareholders can…
    November 19, 2018

    Cimarex Energy to buy smaller rival Resolute Energy in $1.6 bln deal

    Oil and gas producer Cimarex Energy Co said on Monday it would buy smaller rival Resolute Energy Corp in deal valued at $1.6 billion, including debt.
    August 30, 2018

    Cimarex Energy Increases Quarterly Cash Dividend

    DENVER, Aug. 30, 2018 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.18 per share. The dividend is payable on November 30, 2018, to stockholders of record on November 15, 2018....
    Show more
    Report incorrect company information

    Cimarex Energy Company Life and Culture

    Report incorrect company information
    Download PDF

     Cimarex Energy Frequently Asked Questions

    • When was Cimarex Energy founded?

      Cimarex Energy was founded in 2002.

    • How many employees does Cimarex Energy have?

      Cimarex Energy has 910 employees.

    • What is Cimarex Energy revenue?

      Latest Cimarex Energy annual revenue is $1.9 b.

    • What is Cimarex Energy revenue per employee?

      Latest Cimarex Energy revenue per employee is $2.1 m.

    • Who are Cimarex Energy competitors?

      Competitors of Cimarex Energy include Helmerich & Payne, Alta Mesa Holdings and Citadel Exploration.

    • Where is Cimarex Energy headquarters?

      Cimarex Energy headquarters is located at 1800 1700 Lincoln St, Denver.

    • Where are Cimarex Energy offices?

      Cimarex Energy has offices in Denver, Tulsa and Midland.

    • How many offices does Cimarex Energy have?

      Cimarex Energy has 3 offices.