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Cimarex Energy Co (XEC) [hlAlert]

up 14.01 %

Cimarex Energy Co (XEC) rated Outperform with price target $120 by Morgan Keegan

Posted on: Friday,  Jun 3, 2011  8:25 AM ET by Morgan Keegan

Morgan Keegan rated Outperform Cimarex Energy Co (NYSE: XEC) on 06/03/2011, when the stock price was $92.21. Since
then, Cimarex Energy Co has gained 14.01% as of 01/28/2016's recent price of $105.13.
If you would have followed this Morgan Keegan's recommendation on XEC, you would have gained 14.01% of your investment in 1700 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.

Since Morgan Keegan's founding 38 years ago, quality investment research has been a hallmark of the firm. Over the years, we have built our reputation by focusing on companies that have gone unnoticed by Wall Street. Today, our staff of senior equity analysts tracks more than 250 companies concentrated in ten industry sectors
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/3/2011 8:25 AM Buy
92.21 120.00
as of 12/30/2011
1 Week down  -1.94 %
1 Month down  -7.72 %
3 Months up  11.13 %
1 YTD down  -32.87 %

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