Cimarex Energy (XEC) Misses Q1 EPS by 8c, Revenues Beat
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Cimarex Reports First Quarter 2019 Results
May 8, 2019 4:22 PM EDTDENVER, May 8, 2019 /PRNewswire/ --
Resolute acquisition closed Daily production averaged 258.9 MBOE; oil production averaged 79,415 barrels per day 2Q oil production expected to be up 4% sequentially at the midpoint of guidance Oil production expected to grow 18-30% year over year 2019 capital guidance unchangedCimarex Energy Co. (NYSE: XEC) today reported first quarter 2019 net income of $26.3 million, or $0.26 per share, compared to $186.3 million, or $1.96 per share, in the same period a year ago. First quarter adjusted net income (non-GAAP) was $117.3... More
