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 thousands)
Annual | Quarterly

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments523,798273,145272,95743,84288,70694,722
Cash and cash equivalent523,798273,145272,95743,84288,70694,722
Prepaid expense5,8757,1136,05310,2509,98510,759
Other current assets4295972182,4102,2781,584
Other undisclosed current assets457,983376,483354,801367,600575,622514,421
Total current assets:988,085657,338634,029424,102676,591621,486
Noncurrent Assets
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization410,347436,101457,010478,553527,652519,291
Oil and gas, full cost method, property and equipment, after accumulated depletion3,495,2903,436,6693,423,1903,898,4454,937,1345,210,698
Intangible asset, including goodwill, after accumulated amortization      716,865
Goodwill      716,865
Derivative instruments and hedges2,3762,342952 7,121580
Deferred income tax assets  20,47221,971   
Other noncurrent assets69,02369,06768,81868,68869,84871,109
Total noncurrent assets:3,977,0363,964,6513,971,9414,445,6865,541,7556,518,543
TOTAL ASSETS:4,965,1214,621,9894,605,9704,869,7886,218,3467,140,029
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities275,764257,786265,815218,576286,216331,884
Interest and dividends payable27,900 22,500   
Employee-related liabilities  34,10017,900  43,300
Accounts payable39,50521,90220,05313,74648,31336,280
Accrued liabilities208,359201,784205,362204,830237,903252,304
Deferred revenue  130,637   207,939
Debt  7,099  65,95873,331
Asset retirement obligation11,38112,27212,03718,24422,84127,824
Other undisclosed current liabilities598,868252,431318,101267,955250,084117,643
Total current liabilities:886,013660,225595,953504,775625,099758,621
Noncurrent Liabilities
Long-term debt and lease obligation2,110,5342,122,0042,131,5402,141,2942,168,3482,169,418
Long-term debt, excluding current maturities1,987,8141,987,2991,986,7851,986,2711,985,7581,985,246
Liabilities, other than long-term debt268,028249,525253,055291,252553,779554,229
Asset retirement obligations166,542165,595160,250150,374157,393154,045
Deferred income tax liabilities19,698  50,524322,067338,424
Other liabilities59,17766,18166,75767,14458,08460,742
Operating lease, liability122,720134,705144,755155,023182,590184,172
Derivative instruments and hedges, liabilities22,61117,74926,04823,21016,2351,018
Total noncurrent liabilities:2,378,5622,371,5292,384,5952,432,5462,722,1272,723,647
Total liabilities:3,264,5753,031,7542,980,5482,937,3213,347,2263,482,268
Temporary equity, including noncontrolling interest36,78136,78181,62081,62081,62081,620
Equity
Equity, attributable to parent1,663,7651,553,4541,543,8021,850,8472,789,5003,576,141
Common stock1,0281,0291,0201,0221,0211,021
Additional paid in capital3,193,7603,211,5623,226,8283,241,2443,254,7603,243,325
Retained earnings (accumulated deficit)(1,531,023)(1,659,137)(1,684,046)(1,391,419)(466,281)331,795
Total equity:1,663,7651,553,4541,543,8021,850,8472,789,5003,576,141
TOTAL LIABILITIES AND EQUITY:4,965,1214,621,9894,605,9704,869,7886,218,3467,140,029

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

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Revenues679,466434,723401,659249,383472,830657,244
Cost of revenue(472,362)(363,493)(724,634)(1,404,545)(509,859)(1,004,942)
Gross profit:207,10471,230(322,975)(1,155,162)(37,029)(347,698)
Operating expenses(27,478)(34,781)(32,757)(27,887)(744,680)(28,535)
Other operating income (expense), net933(291)(167)(130)(251)(248)
Other undisclosed operating income (loss)(933)291167130251248
Operating income (loss):179,62636,449(355,732)(1,183,049)(781,709)(376,233)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		1391,5931,572(3,496)8711,194
Other undisclosed loss from continuing operations before equity method investments, income taxes(11,513)(11,702)(11,075)(10,108)(9,999)(9,300)
Income (loss) from continuing operations before income taxes:168,25226,340(365,235)(1,196,653)(790,837)(384,339)
Income tax expense (benefit)(40,170)(1,629)72,495271,50616,55583,568
Income (loss) from continuing operations:128,08224,711(292,740)(925,147)(774,282)(300,771)
Income (loss) before gain (loss) on sale of properties:128,08224,711(292,740)(925,147)(774,282)(300,771)
Net income (loss) attributable to parent:128,08224,711(292,740)(925,147)(774,282)(300,771)
Preferred stock dividends and other adjustments(572)(1,053)(1,270)(1,269)(1,269)(1,269)
Other undisclosed net income (loss) available to common stockholders, basic(2,779)1,419(298)(569)(550)1,244
Net income (loss) available to common stockholders, basic:124,73125,077(294,308)(926,985)(776,101)(300,796)
Dilutive securities, effect on basic earnings per share1     
Net income (loss) available to common stockholders, diluted:124,73225,077(294,308)(926,985)(776,101)(300,796)

Comprehensive Income ($ in thousands)
Annual | Quarterly

6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
Net income (loss):128,08224,711(292,740)(925,147)(774,282)(300,771)
Comprehensive income (loss):128,08224,711(292,740)(925,147)(774,282)(300,771)
Other undisclosed comprehensive loss, net of tax, attributable to parent      (10)
Comprehensive income (loss), net of tax, attributable to parent:128,08224,711(292,740)(925,147)(774,282)(300,781)

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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