DENVER, Dec. 4, 2020 /PRNewswire/ -- Cimarex Energy Co. announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on May 1, 2021, to stockholders of record on February 16, 2021. About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian [...]
Generated Net Cash Provided by Operating Activities of $259 million Generated $139 million of free cash flow after dividend Invested $83 million in the quarter Oil production averaged 71,600 barrels per day Cimarex Energy Co. today reported a third quarter 2020 net loss of $292.7 million, or $2.94 per share, compared to net income of $123.8 million, or $1.21 per share, in the same period a year ago. Third quarter results [...]
Cimarex Energy Co. today announced it plans to report third quarter 2020 financial results on Wednesday, November 4, 2020, after market close. The company will host its quarterly conference call at 11:00 AM ET on Thursday, November 5, 2020. The call will be webcast and is accessible via the Cimarex website at www.cimarex.com. To join the live, interactive call, please dial 866-367-3053 ten minutes before the scheduled [...]
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, 2020, to holders of record at the close of business on October 1, 2020, and is for the period beginning on July 16, 2020 and ending on October 15, 2020. About Cimarex Energy Denver-based Cimarex [...]
Cimarex Energy Co. announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on December 1, 2020, to stockholders of record on November 13, 2020. About 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 Mid-Continent areas [...]
Generated Cash from Operating Activities of $145 million in the quarter Invested $84 million in the second quarter $26 million in free cash flow after dividend Oil production averaged 78,000 barrels per day Cimarex Energy Co. today reported a second quarter 2020 net loss of $925.1 million, or $9.28 per share, compared to net income of $109.3 million, or $1.07 per share, in the same period a year ago. Second quarter [...]
One-on-one meetings available with executive management in the oil and gas industry Virtual attendance open to registrants globally EnerCom, Inc. is pleased to announce that the schedule for The Oil & Gas Conference® is now available on the conference's website. For the 25th consecutive year, EnerCom is proud to host three days of the energy industry's leading companies. Attendees will have the opportunity to listen to [...]
Cimarex Energy Co. today announced it plans to report second quarter 2020 financial results on Wednesday, August 5, 2020, after market close. The company will host its quarterly conference call at 11:00 AM ET on Thursday, August 6, 2020. The call will be webcast and is accessible via the Cimarex website at www.cimarex.com. To join the live, interactive call, please dial 866-367-3053 ten minutes before the scheduled start [...]
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, 2020, to holders of record at the close of business on July 1, 2020, and is for the period beginning on April 16, 2020 and ending on July 15, 2020. About Cimarex Energy Denver-based Cimarex Energy Co [...]
Cimarex Energy Co. announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.22 per share. The dividend is payable on September 1, 2020, to stockholders of record on August 14, 2020. About 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 Mid-Continent areas of [...]
Q1 Oil production averaged 89.8 MBbls/d Invested $274 million in the first quarter Cimarex Energy Co. today reported a first quarter 2020 net loss of $774.3 million, or $7.77 per share, compared to net income of $26.3 million, or $0.26 per share, in the same period a year ago. First quarter results were negatively impacted by non-cash charges related to the impairment of oil and gas properties and the impairment of [...]
- Drilling Activity Reduced to One Rig - Completion Activity Deferred Cimarex Energy Co. today announced that, due to the continued weakness in oil prices, it now expects a 55-60 percent reduction in its 2020 capital investment program from its original guidance of $1.25-$1.35 billion. The company has deferred completion activities and will drop all but one drilling rig in early May. Cimarex Chairman, President and CEO [...]