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Cimarex Energy Co (Cimarex Energy Co) Net Margin % : 26.21% (As of Sep. 2021)


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What is Cimarex Energy Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cimarex Energy Co's Net Income for the three months ended in Sep. 2021 was $244 Mil. Cimarex Energy Co's Revenue for the three months ended in Sep. 2021 was $930 Mil. Therefore, Cimarex Energy Co's net margin for the quarter that ended in Sep. 2021 was 26.21%.

The historical rank and industry rank for Cimarex Energy Co's Net Margin % or its related term are showing as below:

XEC' s Net Margin % Range Over the Past 10 Years
Min: -177.58   Med: 21.76   Max: 33.85
Current: -1.19


XEC's Net Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 4.16 vs XEC: -1.19

Cimarex Energy Co Net Margin % Historical Data

The historical data trend for Cimarex Energy Co's Net Margin % 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.

* Premium members only.

Cimarex Energy Co Net Margin % Chart

Cimarex Energy Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.51 25.77 33.85 -5.27 -126.23

Cimarex Energy Co Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -72.88 5.68 18.85 15.92 26.21

Competitive Comparison of Cimarex Energy Co's Net Margin %

For the Oil & Gas E&P subindustry, Cimarex Energy Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cimarex Energy Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cimarex Energy Co's Net Margin % falls into.



Cimarex Energy Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Cimarex Energy Co's Net Margin for the fiscal year that ended in Dec. 2020 is calculated as

Net Margin=Net Income (A: Dec. 2020 )/Revenue (A: Dec. 2020 )
=-1967.458/1558.595
=-126.23 %

Cimarex Energy Co's Net Margin for the quarter that ended in Sep. 2021 is calculated as

Net Margin=Net Income (Q: Sep. 2021 )/Revenue (Q: Sep. 2021 )
=243.807/930.036
=26.21 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Cimarex Energy Co Net Margin % Related Terms

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Cimarex Energy Co (Cimarex Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
1700 Lincoln Street, Suite 3700, Denver, CO, USA, 80203
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.
Executives
John Lambuth officer: SVP-Exploration C/O CIMAREX ENERGY CO 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
Joseph R Albi director, other: Former Executive VP, COO C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
G Mark Burford officer: SVP & Chief Financial Officer 1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Stephen P Bell officer: Ex VP C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Blake A Sirgo officer: VP-Operations 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Logan Harold R Jr director
Francis Brian Barron officer: Sr VP-General Counsel 1099 18TH STREET, SUITE 2300, DENVER CO 80202
Monroe W Robertson director C/O CIMAREX ENERGY CO. 1700 LINCOLN STREET, SUITE 1800 DENVER CO 80203
David A Hentschel director C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Sullivan Michael J/co director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404
Thomas F Mccoy officer: SVP-Production 1700 LINCOLN STREET SUITE 3700 DENVER CO 80203
Kathleen A Hogenson director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310
Paul Eckley director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Hans Helmerich director C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404