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Cimarex Energy Co (XEC) [hlAlert]

Rating:
Hold XEC

Cimarex Energy Co (XEC) rated Hold

Posted on: Thursday,  Nov 8, 2007  9:25 AM ET by Calyon Securities

Cimarex Energy Co (XEC)
rated Hold with price target $42.00 by Calyon Securities.

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.

U.S. Equity Research is distributed to institutional accounts within the U.S. and Europe. With the combined efforts and cross-selling of our global institutional sales team and global research efforts we are able to reach leading financial institutions across the globe.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/8/2007 9:25 AM Hold
None
41.31 42.00
as of 12/24/2008
1 Week up  1.47 %
1 Month up  33.99 %
3 Months up  6.65 %
1 YTD down  -48.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/4/2007 9:25 AM Hold
None
37.57 40.00
8/2/2007 9:25 AM Hold
None
37.50 42.00

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