84.87 % to Target, Stifel Nicolaus Reaffirms ‘”Buy”’ Rating on Cimarex Energy (NYSE:XEC) Shares Today

April 25, 2018 - By reb123z

Cimarex Energy Co. (NYSE:XEC) Logo

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It improved, as 29 investors sold Cimarex Energy Co. shares while 139 reduced holdings. 64 funds opened positions while 140 raised stakes. 85.60 million shares or 1.05% less from 86.51 million shares in 2017Q3 were reported.

Lmr Partners Ltd Liability Partnership reported 1,640 shares. Dimensional Fund Advsr Lp stated it has 0.02% in Cimarex Energy Co. (NYSE:XEC). Cleararc Capital Inc has 0.04% invested in Cimarex Energy Co. (NYSE:XEC). Lazard Asset Mngmt Limited Com has invested 0.2% in Cimarex Energy Co. (NYSE:XEC). Interest Value Advisers Ltd Liability invested in 3.93% or 1.11M shares. Alyeska Inv Group L P holds 0.14% or 132,476 shares in its portfolio. Tealwood Asset accumulated 10,623 shares. The Colorado-based Icon Advisers has invested 1.7% in Cimarex Energy Co. (NYSE:XEC). Moreover, Mckinley Mgmt Limited Com Delaware has 1% invested in Cimarex Energy Co. (NYSE:XEC) for 162,651 shares. Cibc Mkts stated it has 0.05% in Cimarex Energy Co. (NYSE:XEC). Cypress Asset Management Tx has 3,485 shares. Lpl Finance Llc accumulated 0% or 3,701 shares. Prudential Financial Incorporated invested in 145,429 shares or 0.02% of the stock. Utd Automobile Association reported 268,746 shares or 0.09% of all its holdings. National Bank Of Montreal Can holds 0.01% or 71,168 shares in its portfolio.

Since December 12, 2017, it had 0 insider buys, and 8 selling transactions for $3.41 million activity. JORDEN THOMAS E sold $250,000 worth of Cimarex Energy Co. (NYSE:XEC) on Wednesday, April 18. ALBI JOSEPH R sold 2,000 shares worth $224,822. $337,769 worth of stock was sold by Barron Francis Brian on Tuesday, December 12. LOGAN HAROLD R JR had sold 1,900 shares worth $185,853 on Wednesday, February 28. Lambuth John had sold 13,000 shares worth $1.48 million on Wednesday, December 13.

Cimarex Energy (NYSE:XEC) Rating Reaffirmed

Stifel Nicolaus now has a $187.0000 price target on the $9.65B market cap company or 84.87 % upside potential. In analysts note revealed to investors on 23 April, Cimarex Energy (NYSE:XEC) shares have had their “Buy” Rating kept by stock research analysts at Stifel Nicolaus.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It improved, as 29 investors sold Cimarex Energy Co. shares while 139 reduced holdings. 64 funds opened positions while 140 raised stakes. 85.60 million shares or 1.05% less from 86.51 million shares in 2017Q3 were reported.

Lmr Partners Ltd Liability Partnership reported 1,640 shares. Dimensional Fund Advsr Lp stated it has 0.02% in Cimarex Energy Co. (NYSE:XEC). Cleararc Capital Inc has 0.04% invested in Cimarex Energy Co. (NYSE:XEC). Lazard Asset Mngmt Limited Com has invested 0.2% in Cimarex Energy Co. (NYSE:XEC). Interest Value Advisers Ltd Liability invested in 3.93% or 1.11M shares. Alyeska Inv Group L P holds 0.14% or 132,476 shares in its portfolio. Tealwood Asset accumulated 10,623 shares. The Colorado-based Icon Advisers has invested 1.7% in Cimarex Energy Co. (NYSE:XEC). Moreover, Mckinley Mgmt Limited Com Delaware has 1% invested in Cimarex Energy Co. (NYSE:XEC) for 162,651 shares. Cibc Mkts stated it has 0.05% in Cimarex Energy Co. (NYSE:XEC). Cypress Asset Management Tx has 3,485 shares. Lpl Finance Llc accumulated 0% or 3,701 shares. Prudential Financial Incorporated invested in 145,429 shares or 0.02% of the stock. Utd Automobile Association reported 268,746 shares or 0.09% of all its holdings. National Bank Of Montreal Can holds 0.01% or 71,168 shares in its portfolio.

Since December 12, 2017, it had 0 insider buys, and 8 selling transactions for $3.41 million activity. JORDEN THOMAS E sold $250,000 worth of Cimarex Energy Co. (NYSE:XEC) on Wednesday, April 18. ALBI JOSEPH R sold 2,000 shares worth $224,822. $337,769 worth of stock was sold by Barron Francis Brian on Tuesday, December 12. LOGAN HAROLD R JR had sold 1,900 shares worth $185,853 on Wednesday, February 28. Lambuth John had sold 13,000 shares worth $1.48 million on Wednesday, December 13.

Cimarex Energy Co. (NYSE:XEC) Ratings Coverage

Among 19 analysts covering Cimarex Energy (NYSE:XEC), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Cimarex Energy has $188.0 highest and $98.0 lowest target. $136.50’s average target is 34.95% above currents $101.15 stock price. Cimarex Energy had 43 analyst reports since November 8, 2017 according to SRatingsIntel. The firm has “Neutral” rating given on Monday, November 13 by Susquehanna. The stock of Cimarex Energy Co. (NYSE:XEC) has “Buy” rating given on Wednesday, April 11 by BMO Capital Markets. The firm has “Buy” rating given on Monday, April 16 by SunTrust. The firm has “Buy” rating given on Thursday, February 15 by Credit Suisse. The company was maintained on Wednesday, November 8 by KeyBanc Capital Markets. The stock of Cimarex Energy Co. (NYSE:XEC) has “Hold” rating given on Friday, February 16 by Jefferies. The firm has “Overweight” rating by Barclays Capital given on Monday, November 20. The stock of Cimarex Energy Co. (NYSE:XEC) has “Buy” rating given on Tuesday, February 20 by KLR Group. The firm has “Hold” rating by Susquehanna given on Thursday, April 19. Stifel Nicolaus maintained Cimarex Energy Co. (NYSE:XEC) on Monday, April 23 with “Buy” rating.

The stock increased 0.56% or $0.56 during the last trading session, reaching $101.15. About 305,548 shares traded. Cimarex Energy Co. (NYSE:XEC) has declined 20.15% since April 25, 2017 and is downtrending. It has underperformed by 31.70% the S&P500.

Analysts await Cimarex Energy Co. (NYSE:XEC) to report earnings on May, 8 after the close. They expect $1.64 EPS, up 56.19 % or $0.59 from last year’s $1.05 per share. XEC’s profit will be $156.51 million for 15.42 P/E if the $1.64 EPS becomes a reality. After $1.47 actual EPS reported by Cimarex Energy Co. for the previous quarter, Wall Street now forecasts 11.56 % EPS growth.

Cimarex Energy Co. operates as an independent gas and oil exploration and production firm primarily in Oklahoma, Texas, and New Mexico. The company has market cap of $9.65 billion. As of December 31, 2016, it had a total proved gas and oil reserves of 2.89 trillion cubic feet equivalent consisting of 1.47 trillion cubic feet of natural gas, 0.64 Tcfe of oil, and 0.78 Tcfe of natural gas liquids primarily located in the Mid-Continent and Permian Basin regions. It has a 19.47 P/E ratio. The firm also owned interests in 3,094 net productive gas and oil wells.

Cimarex Energy Co. (NYSE:XEC) Institutional Positions Chart

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