Highlights
ASX: XEC       XEC
Last Price Today's Change   Day's Range   Trading Volume
1,508.30   0.00 (0.00%)  1,503.80 - 1,511.90  0

Overview

 
Avg Volume (4 weeks):0
4 Weeks Range:1,380.40 - 1,511.90
4 Weeks Price Volatility (%):
97.26%
52 Weeks Range:1,142.40 - 1,511.90
52 Weeks Price Volatility (%):
99.03%
Average Price Target:-

Headlines



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Business Background

Cimarex Energy Co. is an independent oil and gas exploration and production company. The Company operates in exploration and production (E&P) segment. Its operations are located in Oklahoma, Texas and New Mexico. Its E&P activities take place primarily in two areas: the Permian Basin and the Mid-Continent region. Its Permian Basin region encompasses west Texas and southeast New Mexico. Its Mid-Continent region consists of Oklahoma and the Texas Panhandle. As of fiscal year ended December 31, 2016 (fiscal 2016), its activities in the Mid-Continent were focused in the Woodford shale and the Meramec horizon, both in Oklahoma. During fiscal 2016, production from the Mid-Continent averaged 457 millions of cubic feet equivalent (MMcfe) per day, or 47% of total company production. All of the Company's oil and gas assets are located in the United States. As of December 31, 2016, 63% of its total proved reserves were located in the Mid-Continent region and 37% were in the Permian Basin.

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