HOUSTON and Cabot Oil & Gas Corporation and Cimarex Energy Co. today announced that both companies' shareholders voted to approve the pending transaction. At the special meeting of Cabot shareholders held earlier today, more than 99% of voted shares were in favor of the merger. At the Cimarex special meeting of shareholders, more than 90% of voted shares were in favor of the merger. Dan O. Dinges, Chairman, President and [...]
Cabot Oil & Gas Corporation and Cimarex Energy Co. today announced that, in connection with the previously announced offers to eligible holders to exchange any and all outstanding notes issued by Cimarex as set forth in the table below for up to $2,000,000,000 aggregate principal amount of new notes issued by Cabot and cash, and related consent solicitations by Cimarex to adopt certain proposed amendments to each of the [...]
Cabot Oil & Gas Corporation and Cimarex Energy Co. today announced that, in connection with the anticipated merger of Cimarex and a wholly owned subsidiary of Cabot, Cabot has commenced offers to eligible holders to exchange any and all outstanding notes issued by Cimarex as set forth in the table below for up to $2,000,000,000 aggregate principal amount of new notes issued by Cabot and cash. The following table sets [...]
Cimarex Energy Co. today announced that Tom Jorden, Chairman, President and CEO, will present at the 2021 Barclays CEO Energy-Power Conference. The presentation will begin at 8:55 AM MT on Wednesday, September 8. A live audio webcast of the presentation will be available on the "Events & Presentations" page under the "Investors" section of the Company's website at www.cimarex.com. The webcast will be archived and [...]
DENVER, Aug. 31, 2021 /PRNewswire/ -- Cimarex Energy Co. today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8? percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on October 15, 2021, to holders of record at the close of business on October 1, 2021, and is for the period beginning on July 16, 2021 and ending on October 15, 2021. Cimarex [...]
Cimarex Energy Co. today reported second-quarter 2021 financial and operating results. Net income for second-quarter 2021 totaled $113.4 million, or $1.10 per share. Net income for the quarter was impacted by a mark-to-market loss on the Company's commodity derivative positions of $125.7 million. Excluding the impact of the mark-to-market loss on commodity derivatives, adjusted net income for second-quarter 2021 was [...]
Cimarex Energy Co. will hold its quarterly earnings conference call on Thursday, August 5, 2021 at 11:00 AM ET . The Company plans to announce second-quarter 2021 results before the market opens on August 5. Conference Call Information Date: Thursday, August 5, 2021 Time: 11:00 AM ET / 9:00 AM MT Dial-in : 367-3053 Dial-in : 669-9657 Intl. dial-in: 902-4216 To access the live webcast, visit the "Events & Presentations [...]
Cimarex Energy Co. today announced that Tom Jorden, Chairman, President and CEO, will present at the 2021 J.P. Morgan Energy, Power & Renewables Virtual Conference on Tuesday, June 22 at 1:20 PM MT . A live webcast of the presentation will be available on the "Events & Presentations" page under the "Investors" section of the Company's website at www.cimarex.com. The webcast will be archived and available at the same [...]
Cimarex Energy Co. today announced that Tom Jorden, Chairman, President and CEO, will present at the 2021 Virtual Wells Fargo Energy Conference. The presentation will begin at 1:20 PM MT on Thursday, June 3. A live audio webcast of the presentation will be available on the "Events & Presentations" page under the "Investors" section of the Company's website at www.cimarex.com. The webcast will be archived and available at [...]
Creating a Premier, Diversified Energy Company with a Strong Free Cash Flow Profile; Positioned to Deliver Superior and Sustainable Returns HOUSTON and Cabot Oil & Gas Corporation and Cimarex Energy Co. today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock merger of equals. The combination will bring together two industry-leading operators with top-tier oil [...]
Cimarex Energy Co. today announced that its Board of Directors approved a cash dividend of $20.3125 per share on its 8? percent Series A Cumulative Perpetual Convertible Preferred Stock. The dividend is payable on July 15, 2021, to holders of record at the close of business on July 1, 2021, and is for the period beginning on April 16, 2021 and ending on July 15, 2021. Cimarex Energy Denver-based Cimarex Energy Co. is an [...]
DENVER, May 13, 2021 /PRNewswire/ -- Cimarex Energy Co.'s Board of Directors today declared a quarterly dividend of $0.27 per share on the Company's common stock. The dividend will be payable on September 1, 2021, to shareholders of record on August 13, 2021. Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and [...]