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The Imbalance that Could Spark Oil Stocks

The crude oil market is in an interesting spot right now. Some would say: it has moved too far too fast on assumptions of a great reopening that could falter in the face of growing evidence of difficult Covid variants emerging in low-vaccination-rate markets like Brazil, India, and most parts of Africa. However, major firms […]

International Game Technology (NYSE:IGT) To Be Replaced By Cimarex Energy In S&P 500 Index

Boston, MA 06/13/2014 (wallstreetpr) – A Reuters report reveals that S&P Dow Jones would replace International Game Technology (NYSE:IGT) with Cimarex Energy Co (NYSE:XEC) in its S&P 500 index. The changes will be effective from June 20, 2014, according to the Dow Jones and will reflect the market capitalizations of the company. Plans Of Sale […]

Improved Production Drives Cimarex Energy Co (NYSE:XEC) To Acquire Additional Cana-Woodford Assets

Boston, MA 05/08/2014 (wallstreetpr) – Cimarex Energy Co (NYSE:XEC) rallied by over 9% on Wednesday after posting a better first quarter performance and news that it intends to add more Cana-Woodford assets in consideration of nearly $250 million. First-Quarter Performance And Outlook In the first quarter, Cimarex Energy Co (NYSE:XEC)’s reported earnings were $1.67 per share, […]