Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cimarex Energy Co's Enterprise Value is $10,361 Mil.
Cimarex Energy Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 was $705 Mil. Therefore, Cimarex Energy Co's EV-to-EBIT ratio for today is 14.69.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Cimarex Energy Co's Enterprise Value is $10,361 Mil.
Cimarex Energy Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 was $1,184 Mil. Therefore, Cimarex Energy Co's EV-to-EBITDA ratio for today is 8.75.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Cimarex Energy Co's Enterprise Value is $10,361 Mil.
Cimarex Energy Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 was $2,757 Mil. Therefore, Cimarex Energy Co's EV-to-Revenue ratio for today is 3.76.
Cimarex Energy Co Enterprise Value Historical Data
The historical data trend for Cimarex Energy Co's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Cimarex Energy Co's Enterprise Value
For the Oil & Gas E&P subindustry, Cimarex Energy Co's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cimarex Energy Co's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cimarex Energy Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Cimarex Energy Co's Enterprise Value falls into.
Cimarex Energy Co Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Cimarex Energy Co's Enterprise Value for the fiscal year that ended in Dec. 2020 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cimarex Energy Co (NYSE:XEC) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Cimarex Energy Co's current Enterprise Value is $10,361 Mil.
Cimarex Energy Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $705 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Cimarex Energy Co's current Enterprise Value is $10,361 Mil.
Cimarex Energy Co's EBITDA for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,184 Mil.
Cimarex Energy Co's current Enterprise Value is $10,361 Mil.
Cimarex Energy Co's Revenue for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,757 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cimarex Energy Co Enterprise Value Related Terms
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Cimarex Energy Co (Cimarex Energy Co) Business Description
Denver-based Cimarex Energy is an independent exploration and production company with operations throughout the Southern and Central United States, where its focus includes the Permian Basin, Woodford Shale, and Meramec horizon. The firm was created in 2002 when it spun off from Helmerich & Payne and then merged with Key Production. At year-end 2018, Cimarex's proved reserves were 591 million barrels of oil equivalent, with net production of 221 thousand boe per day. Natural gas represented 42% of production and 45% of reserves.
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