With a one year PEG ratio of 0.47, Cimarex Energy Co is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than only 5.03% of US stocks.
Of note is the ratio of Cimarex Energy Co's sales and general administrative expense to its total operating expenses; only 3.04% of US stocks have a lower such ratio.
Over the past twelve months, XEC has reported earnings growth of -465.14%, putting it ahead of merely 4.14% of US stocks in our set.
Stocks that are quantitatively similar to XEC, based on their financial statements, market capitalization, and price volatility, are OVV, PDCE, FANG, BTU, and CPE.
XEC's SEC filings can be seen here. And to visit Cimarex Energy Co's official web site, go to www.cimarex.com.
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
DCF Fair Value Target:
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. As for the metrics that stood out in our discounted cash flow analysis of Cimarex Energy Co, consider:
Its compound free cash flow growth rate, as measured over the past 2 years, is -0.17% -- higher than merely 9.68% 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 -28.33. This coverage rate is greater than that of only 4.24% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Cimarex Energy Co experienced a tax rate of about 14% over the past twelve months; relative to its sector (Energy), this tax rate is higher than 71.66% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Cimarex Energy Co? See CLMT, CKH, FET, SHI, and SLB.
Cimarex Energy Co. (NYSE: XEC) today announced it plans to report fourth quarter 2020 financial results on Monday, February 22, 2021, after market close. The company will host its quarterly conference call at 11:00 AM ET on Tuesday, February 23, 2021.
Halliburton (ticker: HAL) expects international oil-and-gas activity—where it has been focusing more of its attention amid a slump in the U.S.—to bottom in the current quarter. Halliburton on Tuesday reported 18 cents of earnings per share and $3.24 billion in revenue for the 2020 fourth quarter—both above analysts’ expectations for 15 cents a share and $3.21 billion in revenue. Under generally accepted accounting practices, Halliburton lost $235 million, or 27 cents per share.