Cimarex Energy Co (XEC) Financial Statements (2026 and earlier)

Company Profile

Business Address 1700 LINCOLN STREET
DENVER, CO 80203-4537
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

6/30/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 27395801401653779
Cash and cash equivalent 27395801401653779
Prepaid expense 7118977
Other current assets 124211
Other undisclosed current assets 376514612525308291
Total current assets: 6576211,4249369691,078
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization 436519258211205230
Oil and gas, full cost method, property and equipment, after accumulated depletion 3,4375,2113,7153,2422,8543,276
Intangible asset, including goodwill, after accumulated amortization  717620620620620
Goodwill  717620620620620
Derivative instruments and hedges 2192 1
Regulated entity, other noncurrent assets      14
Deferred income tax assets 20 ✕✕✕✕
Other noncurrent assets 697135323338
Deferred tax assets, net✕✕✕   (353)
Other undisclosed noncurrent assets      338
Total noncurrent assets: 3,9656,5194,6384,1073,7124,165
TOTAL ASSETS: 4,6227,1406,0625,0434,6825,243
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 258332345336270248
Employee-related liabilities 344347554422
Accounts payable 223677694953
Accrued liabilities 202252221212178173
Deferred revenue 131208✕✕✕✕
Debt 773  19 
Asset retirement obligation 122814111410
Contract with customer, liability✕✕✕195✕✕✕
Other undisclosed current liabilities 252118154333219152
Total current liabilities: 660759709680522410
Noncurrent Liabilities
Long-term debt and lease obligation 2,1222,1691,4891,4871,4881,486
Long-term debt, excluding current maturities 1,9871,9851,4891,4871,4881,486
Liabilities, other than long-term debt 250554201206311550
Asset retirement obligations 166154153158141154
Deferred tax liabilities, net✕✕✕  127353
Deferred income tax liabilities  338✕✕✕✕
Other liabilities 666146444143
Operating lease, liability 135184✕✕✕✕
Derivative instruments and hedges, liabilities 181243 
Other undisclosed noncurrent liabilities   334102  
Total noncurrent liabilities: 2,3722,7242,0241,7951,7992,036
Total liabilities: 3,0323,4822,7322,4742,3222,446
Temporary equity, including noncontrolling interest 3782    
Equity
Equity, attributable to parent 1,5533,5763,3302,5682,3602,798
Common stock 111111
Additional paid in capital 3,2123,2432,7852,7642,7632,763
Accumulated other comprehensive income   1210
Retained earnings (accumulated deficit) (1,659)332543(199)(405)33
Total equity: 1,5533,5763,3302,5682,3602,798
TOTAL LIABILITIES AND EQUITY: 4,6227,1406,0625,0434,6825,243

Income Statement (P&L) ($ in millions)
Annual | Quarterly

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 1,5592,3632,3391,9181,2571,453
Revenue, net✕✕✕✕1,4991,022428
Cost of revenue (3,003)(2,374)(1,204)(1,072)(1,783)(5,110)
Gross profit: (1,444)(11)1,135846(525)(3,657)
Operating expenses (840)(104)(88)(96)(82)(84)
Other operating expense, net (1)(19)(16)(1)(1)(1)
Other undisclosed operating income 11916111
Operating income (loss): (2,284)(115)1,047751(607)(3,741)
Nonoperating income
(Other Nonoperating income)		 1623111114
Interest and debt expense (2)(4) (28)  
Other undisclosed loss from continuing operations before equity method investments, income taxes (41)(37)(47)(52)(62)(55)
Income (loss) from continuing operations before income taxes: (2,326)(151)1,023682(658)(3,782)
Income tax expense (benefit) 35926(231)(188)2271,373
Income (loss) from continuing operations: (1,967)(125)792494(431)(2,409)
Income (loss) before gain (loss) on sale of properties:✕(1,967)(125)792494(431)(2,409)
Net income (loss) attributable to parent: (1,967)(125)792494(431)(2,409)
Preferred stock dividends and other adjustments (5)(5)    
Undistributed earnings (loss) allocated to participating securities, basic    (9)✕✕
Other undisclosed net income (loss) available to common stockholders, basic 0(2)(11)   
Net income (loss) available to common stockholders, basic: (1,972)(131)781486(431)(2,409)
Dilutive securities, effect on basic earnings per share   0   
Other undisclosed net income available to common stockholders, diluted    0  
Net income (loss) available to common stockholders, diluted: (1,972)(131)781486(431)(2,409)

Comprehensive Income ($ in millions)
Annual | Quarterly

6/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (1,967)(125)792494(431)(2,409)
Comprehensive income (loss): (1,967)(125)792494(431)(2,409)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  (1)(1)11(1)
Comprehensive income (loss), net of tax, attributable to parent: (1,967)(125)790496(431)(2,410)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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