Cimarex Energy (XEC) Tops Q4 EPS by 18c
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Cimarex Reports Fourth Quarter and Full Year 2018 Results
February 20, 2019 4:05 PM ESTDENVER, Feb. 20, 2019 /PRNewswire/ --
4Q daily production above guidance averaging 251.3 MBOE; 79,904 barrels of oil Daily production for the full year averaged 221.9 MBOE; 67,699 barrels of oil 2018 E&D expenditures below guidance at $1.57 billion Cimarex sold assets in Ward County, Texas, and reinvested in assets in Reeves County, Texas through the pending acquisition of Resolute Energy Corporation (expected to close March 1)Cimarex Energy Co. (NYSE: XEC) today reported fourth quarter 2018 net income of $316.2 million, or $3.32 per share, compared to... More
