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Cimarex Energy Co (XEC) [hlAlert]

Rating:
Buy XEC
up 116.49 %

Cimarex Energy Co (XEC) rated Buy with price target $90 by Dahlman Rose

Posted on: Wednesday,  Aug 31, 2011  8:25 AM ET by Dahlman Rose

Dahlman Rose rated Buy Cimarex Energy Co (NYSE: XEC) on 08/31/2011. Previously Dahlman Rose rated Buy Cimarex Energy Co (NYSE: XEC) on
12/04/2009., when the stock price was $48.56. Since then, Cimarex Energy Co has gained 116.50% as of 01/28/2016's recent price of $105.13.
If you would have followed the previous Dahlman Rose's recommendation on XEC, you would have gained 116.49% of your investment in 2246 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 the Firm’s inception, the Dahlman Rose Research team has been dedicated to providing our institutional client base with differentiated research calls and actionable investment ideas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/31/2011 8:25 AM Buy
None
69.92 90.00
as of 12/30/2011
1 Week down  -1.94 %
1 Month down  -7.72 %
3 Months up  11.13 %
1 YTD down  -30.08 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/17/2011 8:25 AM Buy
None
112.39 120.00
12/4/2009 9:25 AM Buy
None
48.56 56.00

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