Monday, December 23, 2024
Cimarex Announces Format Change for 2020 Annual Meeting of Shareholders -oilandgas360

Cimarex Announces 2020 Capital Investment Plans and Production and Expense Guidance

DENVER, Feb. 19, 2020 /PRNewswire/ — Total capital investment estimated to be $1.25 – 1.35 billion Includes drilling and completion capital of $0.95 – 1.05 billion Generates nine percent oil growth at the midpoint Free cash flow positive in 2020 assuming $50/bbl WTI* and $2.25/Mcf NYMEX* *Equates to realized prices of $48.00/bbl of oil and $.65/Mcf of gas ($.05/Mcf for Permian gas) using current strip pricing

Cimerex -oilandgas360

Cimarex Reports Fourth Quarter and Full Year 2019 Results

DENVER, Feb. 19, 2020 /PRNewswire/ — Fourth quarter oil production averaged 92.0 MBbls per day Full year oil production averaged 86.2 MBbls per day 2019 capital investment (including midstream) totaled $1.32 billion; below guidance range Lower D&C costs drove the beat Generated $1.34 billion of net cash from operating activities $141 million of free cash flow1 in 2019; $59 million after dividend

Cimarex Energy Earns $5.19 per Share in 2017

Fourth quarter 2017 net income of $174.7 million, or $1.83 per share, compared to fourth quarter 2016 net income of $47.8 million, or $0.50 per share For 2017, net income totaled $494.3 million, or $5.19 per share Cimarex Energy Co. (ticker: XEC) averaged 1,204 MMcfe/d in Q4 2017 – this equates to 201 MBOEPD, and is up 25% from a

Cimarex Energy on Track for ~$700 Million Permian Spending in 2017

Cimarex Energy (ticker: XEC) announced net income of $97.3 million during its second quarter conference call today—a significant turnaround from its Q2, 2016 loss of $214.4 million. The company produced near the high end of its expected Q2 guidance, with an average of 1.156 Bcfe per day—or approximately 192.7 MBOE per day. The company’s production climbed nine percent over its

Cimarex Energy – Day Two Breakout Notes

Thomas E. Jorden, President, Chairman and Chief Executive Officer of Cimarex Energy (NYSE: XEC), presented today at EnerCom’s The Oil & Gas Conference 20®. Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S. Total company production averaged 1,000 Bcfe/d during the second

The Oil & Gas Conference

EnerCom’s 20th Anniversary The Oil & Gas Conference® Begins Aug. 16

North America’s Largest Energy-Focused Investor Conference Comes to Denver Aug. 16-20 Conference presenters are operating in more than 40 countries on six continents  Enterprise values of presenting companies range from $160 billion to $9 million CNBC and Fox Business to broadcast live coverage from the conference The world’s oil and gas industry will showcase itself to investors in Denver in