Cimarex Reports Second Quarter 2020 Results

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Cimarex Energy (XEC) Misses Q2 EPS by 3c

August 5, 2020 4:08 PM EDT

Cimarex Energy (NYSE: XEC) reported Q2 EPS of ($0.51), $0.03 worse than the analyst estimate of ($0.48).

Generated Cash from Operating Activities of $145 million in the quarterInvested $84 million in the second quarter$26 million in free cash flow after dividendOil production averaged 78,000 barrels per day

Cimarex Chairman and CEO, Tom Jorden, said, "The second quarter required drastic and... More