Cimarex Energy (XEC) Misses Q3 EPS by 4c, Revenues Beat

Cimarex Energy (NYSE: XEC) reported Q3 EPS of $0.91, $0.04 worse than the analyst estimate of $0.95. Revenue for the quarter came in at $582.31 million versus the consensus estimate of $572.18 million.

• Oil production averaged 89.7 MBbls/d; up 8% sequentially
• 2019 Exploration & Development capital guidance range lowered to $1.3 - 1.4 billion
• Reduced per unit production expense 12% year-over-year

For earnings history and earnings-related data on Cimarex Energy (XEC) click here.

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