Cimarex Energy Co. (XEC) Vice Pres, CFO Paul Korus sells 5,000 Shares

Vice Pres, CFO of Cimarex Energy Co. (XEC, Financial) 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:

  • Sell:: Executive VP Joseph R Albi sold 14,244 shares of XEC stock on 12/18/2009 at the average price of 51.51, the price of the stock has increased by 7.11% since.

  • Sell:: Ex Vice Pres Thomas E Jorden sold 2,000 shares of XEC stock on 12/15/2009 at the average price of 49.9, the price of the stock has increased by 10.56% since.

  • Sell:: Sr VP Stephen P Bell sold 5,000 shares of XEC stock on 11/11/2009 at the average price of 45.96, the price of the stock has increased by 20.04% since.

  • Sell:: Executive VP Joseph R Albi sold 3,257 shares of XEC stock on 09/23/2009 at the average price of 42.46, the price of the stock has increased by 29.93% since.

  • Sell:: Director Michael J/co Sullivan sold 2,000 shares of XEC stock on 09/22/2009 at the average price of 42.44, the price of the stock has increased by 30% since.