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DENVER (AP) _ Cimarex Energy Co. (XEC) on Tuesday reported a third-quarter loss of $763.3 million, after reporting a profit in the same period a year earlier.
The Denver-based company said it had a loss of $8.21 per share. Losses, adjusted for one-time gains and costs, were 15 cents per share.
The results missed Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.
The oil and natural gas company posted revenue of $356.1 million in the period, topping Street forecasts. Eleven analysts surveyed by Zacks expected $356 million.
Cimarex shares have risen 14 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $120.72, an increase of slightly more than 9 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XEC at http://www.zacks.com/ap/XEC
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Keywords: Cimarex Energy, Earnings Report
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Cimarex Energy Co.
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CODE : XEC |
ISIN : US1717981013 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cimarex Energy is a producing company based in United states of america. Cimarex Energy is listed in Germany and in United States of America. Its market capitalisation is US$ 8.3 billions as of today (€ 7.2 billions). Its stock quote reached its highest recent level on May 23, 2018 at US$ 99.89, and its lowest recent point on September 30, 2021 at US$ 87.20. Cimarex Energy has 95 438 121 shares outstanding. |