Cimarex Energy

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.

Company Growth (employees)
Type
Public
HQ
Denver, US
Founded
2002
Size (employees)
856 (est)
Cimarex Energy was founded in 2002 and is headquartered in Denver, US

Cimarex Energy Office Locations

Cimarex Energy has offices in Denver, Tulsa and Midland
Denver, US (HQ)
1800 1700 Lincoln St
Midland, US
600 N Marienfeld St
Tulsa, US
1000 202 S Cheyenne Ave

Cimarex Energy Metrics

Cimarex Energy Financial Metrics

Cimarex Energy's revenue was reported to be $1.3 b in FY, 2016 which is a 13% decrease from the previous period.

Revenue (FY, 2016)

$1.3 b

Revenue growth (FY, 2015 - FY, 2016), %

(13%)

Net income (FY, 2016)

($431 m)

EBIT (FY, 2016)

($606.9 m)

Market capitalization (19-May-2017)

$11 b

Closing share price (19-May-2017)

$115.8

Cash (31-Dec-2016)

$652.9 m
Cimarex Energy's current market capitalization is $11 b.
FY, 2015FY, 2016

Revenue

$1.5 b$1.3 b

Revenue growth, %

(40%)(13%)

Operating expense total

$5.2 b$1.9 b

EBIT

($3.7 b)($606.9 m)

EBIT margin, %

(258%)(48%)

Interest expense

$85.7 m$83.3 m

Pre tax profit

($3.8 b)($658.3 m)

Income tax expense

($1.4 b)($227.2 m)

Net Income

($2.4 b)($431 m)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$2.5 m$114.1 m$2.4 m$69.5 m$4.5 m$405.9 m$779.4 m$652.9 m

Accounts Receivable

Inventories

Current Assets

$469.1 m$931.8 m$1.1 b$969.3 m

Goodwill

$620.2 m$620.2 m$620.2 m$620.2 m

Total Assets

$7.3 b$8.7 b$5.2 b$4.7 b

Accounts Payable

Current Liabilities

$683.2 m$776.3 m$410.1 m$522.4 m

Additional Paid-in Capital

$2 b$2 b$2.8 b$2.8 b

Retained Earnings

$2.1 b$2.5 b$33.3 m($405.3 m)

Total Equity

$4 b$4.5 b$2.8 b$2.4 b

Financial Leverage

1.8 x1.9 x1.9 x2 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$564.7 m$507.2 m($2.4 b)($431 m)

Depreciation and Amortization

$615.9 m$806 m$778.9 m$465.9 m

Accounts Receivable

Inventories

Accounts Payable

($13.3 m)($276.7 m)

Cash From Operating Activities

$1.3 b$1.6 b$691.5 m

Cash From Investing Activities

($1.5 b)($1.7 b)($1 b)

Dividends Paid

($46.7 m)($53.8 m)($58.3 m)

Cash From Financing Activities

$141.7 m$522.4 m$690.6 m
Y, 2016

Revenue/Employee

$1.4 m

Financial Leverage

2 x

Cimarex Energy Market Value History

Cimarex Energy Online Presence

Cimarex Energy Company Life

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