Cimarex Energy Company

--No Impact on First Quarter Financial Results now scheduled for release on May 10 DENVER, May 4, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced the discovery of an error in its full cost ceiling test impairment calculation.  The calculation did not properly consider the company's tax net operating loss (NOL) carryforwards in the calculation of the capitalized costs of net oil and gas properties [...]

DENVER, April 11, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that it plans to report first quarter 2017 financial results on Monday, May 8, 2017, before market open.  The company will host its quarterly conference call at 11:00 AM EDT that same day.   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, April 7, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) ("Cimarex") today announced that its previously announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of its 5.875% Senior Notes due 2022 (the "Notes") expired at 5:00 p.m., New York City time, on April 7, 2017 (the "Expiration Time"). As of the Expiration Time, $253,423,000 aggregate principal amount of the [...]

DENVER, April 3, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) ("Cimarex") announced today that it has priced an offering of $750 million aggregate principal amount of senior unsecured notes due 2027, which will carry an interest rate of 3.90%. The notes were sold to the public at 99.748% for a yield to maturity of 3.93%. Cimarex intends to use the net proceeds from the offering, together with cash on hand, to fund [...]

DENVER, April 3, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) ("Cimarex") today announced that it has commenced a cash tender offer to purchase any and all of its 5.875% Senior Notes due 2022 (the "2022 Notes"). As of April 3, 2017, Cimarex had $750 million aggregate principal amount of the 2022 Notes outstanding. The tender offer is being made pursuant to an Offer to Purchase and a related Letter of Transmittal [...]

DENVER, Feb. 24, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.08 per share. The dividend is payable on June 1, 2017, to stockholders of record on May 15, 2017.  About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in [...]

- Total company production averaged 960 MMcfe per day in the fourth quarter - Reserves essentially flat with 2015 and Cimarex replaced 128% of production DENVER, Feb. 15, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today reported fourth quarter 2016 net income of $38.2 million, or $0.40 per share, compared to fourth quarter 2015 net loss of $630.5 million, or $6.78 per share(1).  Adjusted fourth quarter net [...]

- Exploration and development capital investment estimated at $1.1- 1.2 billion -- Includes drilling and completion capital of $850-900 million - Estimated year-over-year production growth of 10-15% led by oil growth DENVER, Feb. 15, 2017 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced projected 2017 exploration and development capital of $1.1 – 1.2 billion, a 56 percent increase from 2016 levels at [...]

DENVER, Dec. 22, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today announced that it plans to report fourth quarter and full year 2016 financial results on Wednesday, February 15, 2017, after market close.  The company will host its quarterly conference call at 11:00 AM EST on Thursday, February 16, 2017.   The call will be webcast and is accessible via the Cimarex website at www.cimarex.com.  To join the live [...]

DENVER, Dec. 9, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.08 per share.  The dividend is payable on March 1, 2017, to stockholders of record on February 15, 2017.  About Cimarex Energy Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal [...]