Cimarex Energy Co (NYSE:XEC) Updates On Dividend Release Date


On 2016-05-13, Cimarex Energy Co (NYSE:XEC) confirmed the dividend disbursement of $0.08 a share to shareholders as on record 2016-08-15. The firm will release dividend on 2016-09-01 while ex-dividend date is reported to be 2016-08-11.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Cimarex Energy Co (NYSE:XEC) paid a total of $0.08 per share in dividends. This figure stood at $0.08 a share in the same period a year ago indicating a deviation of 3.2258%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $142.647 on the stock. This figure is the average of recommendations offered by 17 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $182 and $110, respectively.

Taking the mathematical rating formula, the price for Cimarex Energy Co (NYSE:XEC) stands at 1.56. Earnings Review Cimarex Energy Co (NYSE:XEC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-01. For the period ending on 2016-09-30, experts are expecting EPS of $0.39.

Coming to the quarter ending on 2015-12-31, Cimarex Energy Co (NYSE:XEC) recorded EPS of $0.07. The reported numbers came lower than the analysts’ estimates of $0.01, demonstrating a miss of $0.06 as against reported figures.

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