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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 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.

United States , Matt Kerin , Tom Jorden , El Paso , Oil Basis Swaps , York Mercantile Exchange , Oil Roll Differential Swaps , Cabot Oil Gas , New York Mercantile Exchange , Oil Collars , Cimarex Energy Co , Cimarex Energy , Prnewswire Cimarex Energy Co , Cabot Oil Gas Corporation , Organization Of Petroleum Exporting Countries , Oil Bbls , Cabot Oil , Chief Executive Officer , Permian Basin , Foundational To Cimarex , Gas Corporation , Petroleum Exporting Countries , Annual Report , Production Volumes , Realized Commodity Prices , Paso Permian ,

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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Anadarko Petroleum Company Essay - 931 Words

Anadarko Petroleum Company Essay
931 Words4 Pages
To this day Anadarko Petroleum Corporation is one of the largest independent oil and natural gas company in the United States. The locations of the drilling facilities are in Delaware basin; Wyoming; Alberta, Canada; and the Gulf of Mexico. Although the company has strong residencies overseas the total wealth over all is well above 2.3 billion barrels of oil and equivalents. The beginning of this mega oil and gas corporation began in 1959 as a subsidiary of Panhandle Eastern Pipe Line Company. At this time under the FPC pipeline jurisdiction law, lower pricing on gas produced from properties owned by pipelines was less sufficient than independent companies who own and produced on private properties. From this restriction the Panhandle Eastern ....

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Gas-bill spike's impact likely to linger

For many rural towns in the area, gas bills were impacted earlier this year due to polar. ....

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