Cimarex Energy Co. Announces Quarterly Dividend
Cimarex Energy Co. (NYSE: XEC) has declared a quarterly dividend of $0.27 per share on its common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Cimarex Energy Co. (NYSE: XEC) has declared a quarterly dividend of $0.27 per share on its common stock. This dividend is to be paid on September 1, 2021, with the record date set for August 13, 2021. As an independent oil and gas exploration and production company, Cimarex operates primarily in the Permian Basin and Mid-Continent areas of the U.S.
Positive
- Quarterly dividend of $0.27 per share enhances shareholder income.
- Dividend payment demonstrates company confidence in cash flow.
Negative
- None.
Details
News Market Reaction – XEC
The recorded move for XEC in the trading session of this news was +5.27%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, May 13, 2021 /PRNewswire/ -- Cimarex Energy Co.'s (NYSE: XEC) Board of Directors today declared a quarterly dividend of
Cimarex Energy
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S. For more information about Cimarex, visit www.cimarex.com.
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SOURCE Cimarex Energy Co.
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