|New Threads Only:|
|New Threads & Replies:|
Forum List » Business News and Headlines|
SEC Filings, Earing Reports, Press Releases
Cimarex Energy Co. (XEC) Vice Pres, CFO Paul Korus sells 5,000 Shares
Posted by: gurufocus (IP Logged)
Date: January 5, 2010 02:22PM
Vice Pres, CFO of Cimarex Energy Co. (XEC) Paul Korus sells 5,000 shares of XEC on 01/04/2010 at an average price of $54.95 a share.
Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably grow reserves and production through a balanced mix of exploration, exploitation and acquisitions. They have a diversified base of high-quality production along with attractive drilling opportunities. Cimarex Energy Co. has a market cap of $4.61 billion; its shares were traded at around $55.17 with a P/E ratio of 36.5 and P/S ratio of 2.3. The dividend yield of Cimarex Energy Co. stocks is 0.4%. Cimarex Energy Co. had an annual average earning growth of 18.6% over the past 5 years.
XEC is in the portfolios of Third Avenue Management, Robert Rodriguez of FPA Capital, Martin Whitman of Third Avenue Value Fund, Diamond Hill Capital of Diamond Hill Capital Management Inc, First Pacific Advisors of First Pacific Advisors, LLC, Chuck Royce of ROYCE & ASSOCIATES, Kenneth Fisher of Fisher Asset Management, LLC, David Dreman of Dreman Value Management, Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC.
Directors and Officers Recent Trades:
Stocks Discussed: XEC,