Cimarex Energy Co (XEC): Price and Financial Metrics

XEC Stock Price Chart Interactive Chart >

XEC Price/Volume Stats

Cimarex Energy Co (XEC) Company Bio

Cimarex Energy operates as an independent oil and gas exploration and production company primarily in Texas, Oklahoma, and New Mexico. The company was founded in 2002 and is based in Denver, Colorado.

XEC Price Forecast Based on DCF Valuation

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Cimarex Energy Co. To summarize, we found that Cimarex Energy Co ranked in the 13th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for XEC, they are:

• The company's balance sheet shows it gets 73% of its capital from equity, and 27% of its capital from debt. Notably, its equity weight is greater than 70.59% of US equities in the Energy sector yielding a positive free cash flow.
• Its compound free cash flow growth rate, as measured over the past 2.3 years, is -0.18% -- higher than merely 9.59% of stocks in our DCF forecasting set.
• Cimarex Energy Co's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -24.04. This coverage rate is greater than that of merely 4.61% of stocks we're observing for the purpose of forecasting via discounted cash flows.

PSXP, RDS.A, SHI, HFC, and OII can be thought of as valuation peers to XEC, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.