Susquehanna Upgrades Cimarex Energy (XEC) to Positive
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/23/2026
- Wall St falls as tech earnings spark AI spending worries; oil hits $100
- Google increases capex forecast again after cloud-driven quarterly beat
- As Musk pivots beyond cars, Tesla’s autos engine is under strain
- RTX stock jumps as company lifts guidance after Q2 beat
- Dollar hits new 40-year high versus yen, euro lower after ECB decision
Cimarex Reports Third Quarter 2016 Results
November 2, 2016 4:01 PM EDTDENVER, Nov. 2, 2016 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today reported third quarter 2016 operational and financial results and provided guidance for the fourth quarter and full-year 2016. Cimarex also provided initial production guidance for 2017. Highlights include:
Third quarter production of 947 MMcfe/day, slightly below company's guidance Full-year 2016 production estimate lowered to 960-970 MMcfe/day due to well completion timing and the duration of larger than anticipated completions 2017 production estimated to be 1,050 1,100 MMcfe/day; up 11 percent year-over-year at the mid-point Initial estimate of 2017 drilling and... More