Cimarex Energy Company

DENVER, Sept. 4, 2018 /PRNewswire/ -- Cimarex Energy Co. today announced the August 31, 2018 closing of the previously announced sale of assets in Ward County, Texas, for $544.5 million, adjusted to reflect the resolution of all asserted defects.  Proceeds from the sale will be reinvested into the company's high-return capital program over the next two to three years. Taking into account the $28.5 million deposit received [...]

 Cimarex Energy Co. 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.  Chairman and CEO Tom Jorden said, "We are pleased to announce this 12.5 percent increase in our dividend returning Cimarex to a pattern of growing our annual cash return to [...]

  Daily production averaged 211.4 MBOE; oil production up seven percent year-over-year 2018 capital guidance unchanged Oil production expected to grow 20-25 percent year-over-year Ward County asset sale expected to close August 31, 2018 Cimarex Energy Co. today reported second quarter 2018 net income of $141.0 million, or $1.48 per share, compared to $97.3 million, or $1.02 per share, in the same period a year ago [...]

DENVER, July 5, 2018 /PRNewswire/ -- Cimarex Energy Co. today announced it plans to report second quarter 2018 financial results on Tuesday, August 7, 2018, after market close. The company will host its quarterly conference call at 11:00 AM ET on Wednesday, August 8, 2018.   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 [...]

DENVER, May 24, 2018 /PRNewswire/ -- Cimarex Energy Co. announced today that it has signed a purchase and sale agreement to sell oil and gas properties principally located in Ward County, Texas, for $570 million in cash to Callon Petroleum.  Production from these properties is approximately 6,831 barrels of oil equivalent per day and is mostly from the Bone Spring formation.  The undeveloped acreage includes 18,925 net [...]

DENVER, May 11, 2018 /PRNewswire/ -- Cimarex Energy Co. announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.16 per share.  The dividend is payable on August 31, 2018, to stockholders of record on August 15, 2018.  About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the [...]

DENVER, May 8, 2018 /PRNewswire/ -- Daily production averaged 206.1 MBOE; oil production up 25% Y-O-Y Sales Agreements in place for bulk of Permian gas production Robust Avalon well results in Lea County Full-year 2018 production and capital guidance unchanged Cimarex Energy Co. today reported first quarter 2018 net income of $186.3 million, or $1.96 per share, compared to $131.0 million, or $1.38 per share, in the same [...]

DENVER, April 5, 2018 /PRNewswire/ -- Cimarex Energy Co. today announced it plans to report first quarter 2018 financial results on Tuesday, May 8, 2018, after market close. The company will host its quarterly conference call at 11:00 AM ET on Wednesday, May 9, 2018.   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 [...]

DENVER, Feb. 23, 2018 /PRNewswire/ -- Cimarex Energy Co. announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.16 per share.  This represents a 100 percent increase in the company's quarterly dividend, restoring the amount paid to the previous annualized payout of $0.64 per share.  The dividend was reduced in February 2016, a result of the company's diminished cash [...]

DENVER, Feb. 14, 2018 /PRNewswire/ -- Exploration and development capital investment estimated at $1.6- 1.7 billion ­Capital within available cash at current commodity prices ­Includes drilling and completion capital of $1.3-1.4 billion Expects year-over-year production growth of 11-16% ­Led by oil growth of 21-26% Cimarex Energy Co. today announced projected 2018 exploration and development capital of $1.6 [...]