Morgan Stanley Initiates Coverage on Cimarex Energy (XEC) with an Overweight

October 29, 2009 12:46 PM EDT

Morgan Stanley initiates coverage on Cimarex Energy (NYSE: XEC) with an Overweight.

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Cimarex Energy Co. operates as an independent oil and gas exploration and production company. The company has operations primarily in the Mid-Continent region, which consists of Oklahoma, the Texas Panhandle, and southwest Kansas; the Permian Basin region of west Texas and southeast


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