Cimarex Energy Co. (NYSE:XEC) has Predicted Move on the 7th day with Price of 114.31

Cimarex Energy Co. (NYSE:XEC) moved up 1.57% and closed its last trading session at $131.68. This Oils-Energy Sector stock currently has the Market Capitalization of 12.3 Billion. The Average Volume for the stock is measured as 901.58 Million. The Stock has a 52-Week High of $146.96 and 52-Week Low of $75.01 following the dates, it touched its 52-Week High on Dec 12, 2016 and 52-Week Low on Feb 17, 2016. Currently, the Return on Assets value for the trailing twelve months is -22.9% with the Return on Equity and Return on Investment of -43.6% and -55.1% respectively. This firm currently has YTD (year to date) performance of -3.11 Percent which is not good. The Short Ratio for the stock is 2.63.

Cimarex Energy Co. (NYSE:XEC) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-11.82. The TTM operating margin is 0 percent.

Cimarex Energy Co. (NYSE:XEC) reports its Earnings on Wed 15 Feb (In 5 Days). The estimated EPS for the current quarter is said to be $0.58. Following Earnings result, share price were DOWN 14 times out of last 27 Qtrs. The stock has added about 1.1% since it reported its last earnings. The Closing price of Cimarex Energy Co. (NYSE:XEC) at Last Earnings was $128.25 as compared to the previous closing price of $129.64. The Predicted Move on the 7th day after Cimarex Energy Co. (NYSE:XEC) will release its earnings at about 4%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Cimarex Energy Co. (NYSE:XEC) beats earnings by 41%, The Stock Missed Earnings  6  times and has met earnings  1 times.

Earnings History:

We will discuss the past Quarters Earnings below:

Cimarex Energy Co. (NYSE:XEC) reported its previous quarter on 11/02/2016 where it reported the Actual Earnings of $0.41. The Closing price before the company posted its earnings was $128.25. The Stock declined on the very next day of earnings and maintained its stock price at $121.45 by showing a % change of -5.3 percent from its previous closing price. The Next Day Volume after Earnings was reported as 3.54 Million. On the 7th day After Earnings Report, the stock hit its share price as $125.62 by showing -2.05% decrease from the Stock price Before Earnings were reported.

On 08/03/2016, the stock reported the EPS of $0.07 where Analysts were projecting the EPS to be $0.01 showing a difference of $0.06. Thus Surprise Factor was there with 600 percent. Before Earnings Announcement on 08/03/2016, the firm had its stock price of $121.24. And immediately on the next day after earnings announcement, the stock inclined 3.31% and closed its trading session at $125.25. On 7th Day after earnings release, Cimarex Energy Co. (NYSE:XEC) surged to 4.32% from $121.24 to $126.48.

On 05/04/2016, Analysts were suspecting EPS of $-0.4/share where Cimarex Energy Co. (NYSE:XEC) reported its Actual EPS of $-0.4. Thus showing a Surprise of 0 percent. The Closing Price of the stock before earnings was $105.94 while on the Next day the stock closed its trading session at $113.46 with a percentage change of 7.1% from the price of 105.94 before Earnings. The Stock Closing Price on the 7th day of earnings was $114.31.

Company Profile:

Cimarex Energy Co. operates as an independent oil and gas exploration and production company primarily in Oklahoma, Texas, and New Mexico. As of December 31, 2015, it had a total proved oil and gas reserves of 2.9 trillion cubic feet equivalent (Tcfe) consisting of 1.5 trillion cubic feet of natural gas, 0.65 Tcfe of oil, and 0.75 Tcfe of natural gas liquids principally located in the Mid-Continent and Permian Basin regions. The company also owned interests in 3,153 net productive oil and gas wells. Cimarex Energy Co. was founded in 2002 and is headquartered in Denver, Colorado.