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Cimarex Energy Co (XEC) [hlAlert]

Rating:
Buy XEC
up 10.83 %

Cimarex Energy Co (XEC) rated Buy with price target $124 by Canaccord Genuity

Posted on: Thursday,  Nov 7, 2013  10:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Buy Cimarex Energy Co (NYSE: XEC) on 11/07/2013, when the stock price was $94.85. Since
then, Cimarex Energy Co has gained 10.84% as of 01/28/2016's recent price of $105.13.
If you would have followed this Canaccord Genuity's recommendation on XEC, you would have gained 10.83% of your investment in 812 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.

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/7/2013 10:25 AM Buy
None
94.85 124.00
as of 12/13/2013
1 Week up  1.58 %
1 Month down  -5.49 %
3 Months up  7.52 %
1 YTD up  68.83 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/21/2013 9:25 AM Buy
None
112.42 121.00
9/10/2013 9:25 AM Buy
None
89.46 99.00
1/7/2013 1:18 PM Buy
None
60.81 90.00
5/8/2012 8:25 AM Buy
None
65.68 84.00
2/16/2012 9:25 AM Hold
None
79.99 84.00
6/20/2011 11:25 AM Buy
None
82.26 110.00
10/21/2010 11:25 AM Buy
None
72.16 83.00

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