Cimarex Energy Declares Quarterly Cash Dividend
Cimarex Energy Co. (NYSE: XEC) has declared a quarterly cash dividend of $0.22 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 cash dividend of $0.22 per share on its common stock. This dividend will be payable on May 1, 2021, to stockholders of record as of February 16, 2021. The company operates primarily in the Permian Basin and Mid-Continent areas in the U.S., focusing on oil and gas exploration and production.
Positive
- Quarterly cash dividend of $0.22 per share enhances shareholder income.
- Dividend reflects company confidence in financial stability.
Negative
- None.
Details
News Market Reaction – XEC
The recorded move for XEC in the trading session of this news was +3.34%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
DENVER, Dec. 4, 2020 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a quarterly cash dividend on its common stock of
About 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.
View original content:http://www.prnewswire.com/news-releases/cimarex-energy-declares-quarterly-cash-dividend-301186481.html
SOURCE Cimarex Energy Co.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.