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Cimarex Energy Co (XEC) [hlAlert]

up 20.03 %

Cimarex Energy Co (XEC) rated Overweight by Morgan Stanley

Posted on: Monday,  Sep 9, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Cimarex Energy Co (NYSE: XEC) on 09/09/2013, when the stock price was $87.58. Since
then, Cimarex Energy Co has gained 20.04% as of 01/28/2016's recent price of $105.13.
If you would have followed this Morgan Stanley's recommendation on XEC, you would have gained 20.03% of your investment in 871 days.

Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2013 8:25 AM Buy
as of 12/13/2013
1 Week up  1.58 %
1 Month down  -5.49 %
3 Months up  7.52 %
1 YTD up  11.29 %

(*) Stock Price at the time of the recommendation.
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