Shares of Cimarex Energy Co (XEC) Sees Large Inflow of Net Money Flow

Cimarex Energy Co (XEC) : Tuesdays money flow indicated an uptick to downtick ratio was at 1.53. The total value of inflow transactions on upticks was $28.21 million, whereas, the total value of outflow trades on downticks was $18.44 million. The total money flow was $9.78 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $10.88 million. The total value of the trades done on upticks was $10.88 million. Cimarex Energy Co (XEC) was trading with a -0.68% change over previous days close. It fell $0.81 during the day and reached $117.62. The stock was -1.67% compared to the previous weeks close.


The company Insiders own 2% of Cimarex Energy Co shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.75% . Institutional Investors own 98.49% of Cimarex Energy Co shares. During last six month period, the net percent change held by insiders has seen a change of -6.75%. In an insider trading activity, Albi Joseph R, (Executive VP, COO) of Cimarex Energy Co, unloaded 3,500 shares at an average price of $114.66 on June 14, 2016. The total amount of the transaction was worth $401,310, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Shares of Cimarex Energy Co. rose by 4.6% in the last five trading days and 5.26% for the last 4 weeks. Cimarex Energy Co. is up 12.84% in the last 3-month period. Year-to-Date the stock performance stands at 35.4%.

Cimarex Energy Co (NYSE:XEC): stock turned positive on Tuesday. Though the stock opened at $119.99, the bulls momentum made the stock top out at $122.56 level for the day. The stock recorded a low of $119.495 and closed the trading day at $120.7, in the green by 2.62%. The total traded volume for the day was 753,860. The stock had closed at $117.62 in the previous days trading.

Cimarex Energy Co. (Cimarex) is an independent oil and gas exploration and production company. Its operations are located mainly in Oklahoma, Texas and New Mexico. The Companys exploration and production (E&P) activities take place primarily in two areas: the Permian Basin and the Mid-Continent region. The Permian region encompasses west Texas and southeast New Mexico. Cimarexs Permian Basin efforts are located in the western half of the Permian Basin known as the Delaware Basin. In 2014, the Company focused on drilling horizontal wells that yielded oil and liquids-rich gas from the Wolfcamp shale, the Bone Spring formation, and the Avalon shale. The Permian region produced 399 Million cubic feet equivalent (MMcfe) per day in 2014.The Companys Mid-Continent region consists of Oklahoma and the Texas Panhandle. The Mid-Continent region produced around 451.2 MMcfe per day.

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