On Jun 29, 2018 Cimarex Energy CO (NYSE:XEC) Shorts Increased By 20.91%

June 29, 2018 - By Heather Owens

Cimarex Energy Co. (NYSE:XEC) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 1.2. That’s change of 0.01, from 2017Q4’s 1.21. 44 investors sold all, 122 reduced holdings as Cimarex Energy Co. ratio dropped. 148 rose stakes while 52 funds bought stakes. Funds hold 88.51 million shares thus 3.41% more from 2017Q4’s 85.60 million shares.
Mraz Amerine Assoc accumulated 42,601 shs or 1.26% of the stock. California State Teachers Retirement Sys reported 144,491 shs. The Illinois-based Citadel Advsrs Ltd Liability Corp has invested 0% in Cimarex Energy Co. (NYSE:XEC). Petrus Tru Lta invested 0.05% of its capital in Cimarex Energy Co. (NYSE:XEC). Cornerstone Advisors Inc holds 0% or 48 shs in its capital. Wellington Grp Ltd Liability Partnership reported 1.72M shs. 203,243 were reported by California Public Employees Retirement System. Telemus Ltd Limited Liability Company invested in 0.07% or 9,489 shs. Maryland-based Price T Rowe Assocs Inc Md has invested 0.01% in Cimarex Energy Co. (NYSE:XEC). Moreover, Pub Employees Retirement Association Of Colorado has 0.09% invested in Cimarex Energy Co. (NYSE:XEC). Stratos Wealth Prtn Ltd stated it has 4 shs or 0% of all its holdings. Sun Life Financial has 41 shs for 0% of their capital. Teacher Retirement System Of Texas accumulated 32,678 shs. 1,540 were accumulated by Tci Wealth Advsrs. Andra Ap has 45,600 shs.

Cimarex Energy Co. had 2 sales and 1 insider purchase since February 28, 2018. This’s net activity of $370,890. LOGAN HAROLD R JR sold $185,853 worth of stock or 1,900 shs. 2,500 shs were sold by JORDEN THOMAS E, worth $250,000 on Wednesday, April 18.

Cimarex Energy CO (NYSE:XEC) showed an increase of 20.91% in shares shorted. In June was issued XEC’s total 4.53M shares shorted by FINRA. Previously was reported up change of 20.91% from 3.74 million shares. 4 days will cost XEC with 1.12 million average volume to recover its previous position. Cimarex Energy CO’s shares shorted float is 4.93%.

Ticker’s shares touched $103.1 during the last trading session after 2.16% change.Cimarex Energy Co. has volume of 319,722 shares. Since June 29, 2017 XEC has declined 17.03% and is downtrending. XEC underperformed by 29.60% the S&P500.

Cimarex Energy Co. operates as an independent gas and oil exploration and production firm primarily in Oklahoma, Texas, and New Mexico.The firm is valued at $9.84 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.The P/E ratio is 17.85. The firm also owned interests in 3,094 net productive gas and oil wells.

Cimarex Energy Co. (NYSE:XEC) Ratings Coverage

In total 19 analysts cover Cimarex Energy (NYSE:XEC). “Buy” rating has 15, “Sell” are 0, while 4 are “Hold”. 79% are bullish. 43 are the (NYSE:XEC)’s analyst reports since January 9, 2018 according to StockzIntelligence Inc. On Thursday, April 19 Susquehanna maintained Cimarex Energy Co. (NYSE:XEC) with “Hold” rating. In Tuesday, February 6 report Stephens maintained the stock with “Hold” rating. In Tuesday, February 20 report KLR Group upgraded the stock to “Buy” rating. The stock rating was maintained by Stifel Nicolaus with “Buy” on Monday, April 23. The stock rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 15. On Thursday, February 15 the stock of Cimarex Energy Co. (NYSE:XEC) has “Buy” rating given by BMO Capital Markets. On Tuesday, April 24 Stephens maintained Cimarex Energy Co. (NYSE:XEC) rating. Stephens has “Hold” rating and $10100 target. The stock rating was downgraded by KLR Group to “Hold” on Tuesday, January 23. On Friday, April 20 Morgan Stanley maintained Cimarex Energy Co. (NYSE:XEC) rating. Morgan Stanley has “Overweight” rating and $140 target. On Monday, June 11 the company was upgraded by Jefferies.

For more Cimarex Energy Co. (NYSE:XEC) news posted briefly go to: Seekingalpha.com, Fool.com, Seekingalpha.com, Streetinsider.com or Globenewswire.com. The titles are as follows: “US Shale: NAV Analysis Of Diversified Oil-Weighted E&Ps – 2018 Q1 Update” posted on June 22, 2018, “These Oil Stocks Are Surprisingly Down More Than 10% This Year. Does That Make Them Good Buys?” on June 23, 2018, “Sell Kraft-Heinz At $64-65 – Cramer’s Lightning Round (6/21/18)” with a publish date: June 22, 2018, “UPDATE: Jefferies Upgrades Cimarex Energy (XEC) to Buy” and the last “Report: Developing Opportunities within Cimarex Energy, MSCI, Prestige Brand, MGM Resorts International, Discover …” with publication date: June 12, 2018.

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

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