Cimarex Energy (XEC) Reports In-Line Q1 EPS
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Cimarex Reports First Quarter 2015 Results
May 4, 2015 6:00 PM EDTDENVER, May 4, 2015 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) today reported a first quarter 2015 net loss of $414.9 million, or $4.84 per diluted share, primarily the result of a non-cash charge related to the impairment of oil and gas properties. The adjusted first quarter net loss was $31.7 million, or $0.37 per diluted share. First quarter 2015 adjusted cash flow from operations was $186.9 million versus $408.9 million a year ago(1).Â
Total company production averaged 946.7 million cubic feet equivalent (MMcfe) per day during the first quarter, a 28 percent increase from first quarter 2014. Year-over-year natural gas volumes increased... More
