Cimarex Energy (XEC) Tops Q3 EPS by 44c

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Go back to Cimarex Energy (XEC) Tops Q3 EPS by 44c

Cimarex Reports Third Quarter 2018 Results

November 6, 2018 4:06 PM EST

DENVER, Nov. 6, 2018 /PRNewswire/ --

Daily production averaged 218.6 MBOE; oil production averaged 63,909 barrels per day 2018 capital guidance unchanged; targeting mid point Fourth quarter oil production expected to average 73.0 - 78.0 MBbls per day

Cimarex Energy Co. (NYSE: XEC) today reported third quarter 2018 net income of $148.4 million, or $1.56 per share, compared to $91.4 million, or $0.96 per share, in the same period a year ago.  Third quarter adjusted net income (non-GAAP) was $189.6 million, or $1.99 per share, compared to third quarter 2017 adjusted net income (non-GAAP) of $103.6 million, or... More