Home Sectors Energy Latest Valuation: Cimarex Energy Co (NYSE: XEC)

Latest Valuation: Cimarex Energy Co (NYSE: XEC)

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Cimarex Energy Co is in the energy sector and oil and gas exploration and production industry. The company CEO is Thomas E. Jorden. Cimarex Energy Co is involved in the oil and gas industry. Its primary activities include oil and gas exploration and production.

Previous Intraday Trading Performance:

The XEC stock showed a previous change of -0.65% with an open at 70.03 and a close of 70.06. It reached an intraday high of 70.63 and a low of 69.58.

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Liquidity:

The stock has a market cap of $7.1b with 101.4m shares outstanding, of which the float is 99.4m shares. Trading volume reached 1,973,737 shares compared to its average volume of 1,494,610 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Cimarex Energy Co shares returned 1.92% and in the past 30 trading days it returned -7.80%. Over three months, it changed 8.31%. In one year it has changed -22.94% and within that year its 52-week high was 103.91 and its 52-week low was 55.62. XEC stock is 25.96% above its 52 Week Low.

Our calculations show a 200 day moving average of 83.60 and a 50 day moving average of 72.34. Currently XEC stock is trading -16.20% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at 8.32 that ended on 31st of December 2018, which according to the previous close, that is a PE of 8.42. Based on 18 analyst estimates, the consensus EPS for the next quarter is 1.75. The TTM EPS is 7.38, which comes to a TTM PE of 9.49.

The following are the last four quarter reported earnings per share:
12-31-2018:  1.98
09-30-2018:  1.99
06-30-2018:  1.59
03-31-2018:  1.82

The dividend per share is currently 0.80, which is a dividend yield of 1.14%. Also, the payout ratio is 10.84%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 194.91, which means it is possibly undervalued and has a margin of safety of 64.05%

Indicators to Watch:

Based on the latest filings, there is 2.10% of insider ownership and 148.50% of institutional ownership. Short-interest is 3,916,379, which is 3.86% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.89. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.35

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 26.48%, return on assets is 14.06%, profit margin is 33.85%, price-to-sales is 3.06 and price-to-book is 2.13.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 5  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 3  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.