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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.
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.
Share this article Share this article 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).
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
Cold snap wanes, but massive bills in offing for communities dealing with gas price spike Rochelle Eiselt, Journal-Courier FacebookTwitterEmail State Rep. C.D. Davidsmeyer of Jacksonville speaks Monday during a special meeting of Winchester City Council to discuss the rising cost of natural gas.Rochelle Eiselt | Journal-Courier WINCHESTER — Although some west-central Illinois communities were able to lower natural gas use by urging residents to conserve during this month’s cold snap, they are worried about what will happen when bills come due. Places like Winchester can see higher prices because of variable rates in their contracts with municipal and cooperative systems. Companies regulated by the Illinois Commerce Commission, such as Ameren Illinois and Illinois Peoples Gas, buy natural gas in advance of winter to ensure they are less prone to sudden increases in wholesale rates.
Cimarex Reports Fourth Quarter and Full Year 2020 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.