Oil In Your Backyard - XEC
In today's Oil In Your Backyard company, we'll take a look at Cimarex Energy Co. (XEC). The Denver based company works on oil and gas properties in Texas, Oklahoma, New Mexico, Kansas, Louisiana, Wyoming, and Michigan with 58.3 million barrels of oil.
The company is still growing and brought in $1.43 billion in revenue last year. With market cap of $5.98 billion the company is trading at about $72 per share with P/E of 14.15, still relatively cheap. The stock has been doing well this year with 80% gain
The company is still growing and brought in $1.43 billion in revenue last year. With market cap of $5.98 billion the company is trading at about $72 per share with P/E of 14.15, still relatively cheap. The stock has been doing well this year with 80% gain
posted by Stock Geek at
10:41 PM
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