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Cimarex Energy Co. Reports Second-Quarter 2021 Results

Cimarex Energy Co. Reports Second-Quarter 2021 Results
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Cimarex Energy Co. Reports Second-Quarter 2021 Results

Cimarex Energy Co. Reports Second-Quarter 2021 Results
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Cimarex Energy Co. Reports First-Quarter 2021 Results

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DENVER, May 5, 2021 /PRNewswire/ Cimarex Energy Co. (NYSE: XEC) today reported first-quarter 2021 financial and operating results. Net income for first-quarter 2021 totaled $128.1 million, or $1.25 per share. Net income for the quarter was impacted by a mark-to-market loss on the Company s commodity derivative positions of $99.4 million. Excluding the impact of the mark-to-market loss on commodity derivatives, adjusted net income (non-GAAP) for first-quarter 2021 was $203.7 million, or $1.98 per share.
Highlights
Generated cash flow from operating activities of $403 million.
Adjusted cash flow from operating activities (non-GAAP) totaled $395 million, exceeding capital expenditures and generating $231 million of free cash flow (non-GAAP). ....

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Cimarex Reports Fourth Quarter and Full Year 2020 Results

Cimarex Reports Fourth Quarter and Full Year 2020 Results
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