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Cimarex Energy Co (XEC) [hlAlert]

Rating:
Equal-Weight
XEC

Cimarex Energy Co (XEC) rated Equal-Weight with price target $77 by Lehman Brothers

Posted on: Monday,  Jun 16, 2008  10:25 AM ET by Lehman Brothers

Cimarex Energy Co (XEC)
rated Equal-Weight with price target $77 by Lehman Brothers.

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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/16/2008 10:25 AM Hold
None
72.49 77.00
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
5/15/2008 8:25 AM Hold
None
70.26 74.00
4/28/2008 8:25 AM Hold
None
64.16 70.00
3/20/2008 8:25 AM Hold
None
50.77 59.00
11/12/2007 9:25 AM Hold
None
40.47 46.00

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