Owners of just over 81 million shares of Cimarex stock (NYSE: XEC) voted to approve the deal to merge with Cabot Oil & Gas Corp., which has approval from more than 90% of the ballots tallied.
Full Answer
Is eCash (XEC) going up or down?
We update our XEC to USD price in real-time. eCash is down 2.72% in the last 24 hours. The current CoinMarketCap ranking is #66, with a live market cap of $2,099,970,166 USD.
What was the price of XEC-T stock on January 12 2022?
On 2022-01-12, iShares MSCI Emerging Markets (XEC-T) stock closed at a price of $29.81.
Is XEC a good investment?
(A Top Pick Jul 13/18, Down 3%) Emerging markets used to be the Wild West, but they have morphed into mega-cap stocks like Alibaba and Tencent. Two-thirds of XEC are Chinese big-cap. It's much cheaper to buy this than a comparable American ETF that's Asia ex-Japan. The emerging markets are interesting and outperformed the S&P in Q4.
How many XEC coins are there in the market?
It has a circulating supply of 18,936,554,673,313 XEC coins and a max. supply of 21,000,000,000,000 XEC coins. If you would like to know where to buy eCash, the top cryptocurrency exchanges for trading in eCash stock are currently Binance, OKEx, Huobi Global, KuCoin, and HitBTC.
Should I buy or sell Cimarex Energy stock right now?
8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cimarex Energy in the last year. There are currently 1 sell ratin...
What is Cimarex Energy's stock price forecast for 2022?
8 Wall Street analysts have issued twelve-month target prices for Cimarex Energy's stock. Their XEC stock forecasts range from $68.00 to $100.00. O...
How were Cimarex Energy's earnings last quarter?
Cimarex Energy Co. (NYSE:XEC) posted its quarterly earnings results on Thursday, August, 5th. The oil and gas producer reported $2.09 earnings per...
Is Cimarex Energy a good dividend stock?
Cimarex Energy(NYSE:XEC) pays an annual dividend of $1.08 per share and currently has a dividend yield of 1.24%. The dividend payout ratio of Cimar...
Who are Cimarex Energy's key executives?
Cimarex Energy's management team includes the following people: Thomas E. Jorden , Chairman, President & Chief Executive Officer Blake A. Sirgo ,...
What is Thomas E. Jorden's approval rating as Cimarex Energy's CEO?
26 employees have rated Cimarex Energy CEO Thomas E. Jorden on Glassdoor.com . Thomas E. Jorden has an approval rating of 87% among Cimarex Energy...
Who are some of Cimarex Energy's key competitors?
Some companies that are related to Cimarex Energy include ConocoPhillips (COP) , EOG Resources (EOG) , Pioneer Natural Resources (PXD) , Devon...
What other stocks do shareholders of Cimarex Energy own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Cimarex Energy investors own include CA (CA) , Endologix...
What is Cimarex Energy's stock symbol?
Cimarex Energy trades on the New York Stock Exchange (NYSE) under the ticker symbol "XEC."
What Is ECash (XEC)?
ECash (XEC) is the rebranded version of Bitcoin Cash ABC (BCHA), itself a fork of Bitcoin (BTC) and Bitcoin Cash (BCH). It calls itself a “ cryptocurrency that’s designed to be used as electronic cash.” ECash strictly aims to be a means of transaction used to pay for goods and services.
Who Are the Founders of eCash?
ECash (XEC) is led by its lead developer Amaury Sechet, who was the lead developer of Bitcoin Cash (BCH) and forked that blockchain to establish the predecessor of eCash, Bitcoin Cash ABC (BCHA). That fork happened on November 15, 2020.
What Makes eCash Unique?
The developers of eCash (XEC) intend the coin to support Ethereum Virtual Machine (EVM)-compatibility and to be interoperable with the decentralized finance (DeFi) sector on Ethereum (ETH). For the coin to become successful, eCash’s developers intend to fulfill five core missions:
How Many ECash (XEC) Coins Are There in Circulation?
There is no tokenomics of eCash (XEC) but it follows many of the same rules already established for Bitcoin (BTC). It shares Bitcoin’s supply and distribution model, meaning that every 210,000 blocks, approximately every four years, miner rewards are cut in half.
How Is the eCash Network Secured?
In contrast to the Bitcoin Cash ABC (BCHA) network, which is secured using a proof-of-work (PoW) consensus mechanism, the developers of eCash plan to add proof-of-stake (PoS) in order to speed up transactions.
Where Can You Buy ECash (XEC)?
ECash (XEC) is available for purchase via Binance, Huobi Global, OKEx, Mandala Exchange and Upbit.
What is the merger between Cabot and Cimarex?
(Bloomberg) -- Shale investors have been demanding more consolidation in the U.S. oil patch. But not exactly a deal like this one.The merger of Cabot Oil & Gas Corp. with Cimarex Energy Co. announced Monday has confounded investors and analysts, leaving them to question the logic behind a tie-up that the companies say will increase diversification. Cimarex is mostly an oil explorer in Texas and Oklahoma, while Cabot is focused on natural gas drilling in the Marcellus shale basin in Appalachia.Al though the two companies are following a path blazed by other shale explorers of late by clinching a deal involving almost no takeover premium, it wasn’t enough to win over investors. Shares of both drillers slumped.Analysts at Citigroup Inc. said the deal -- an all-stock transaction valued at ab...
What companies are being investigated in 2021?
NEW YORK, May 27, 2021 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: VEREIT, Inc. (NYSE: VER) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Realty Income Corporation. Under the terms of the agreement, VEREIT shareholders will receive 0.705 shares of Realty Income stock for every share of VEREIT stock they own. If you are a VEREIT shareholder, click here to learn more about your rights and options. Altabancorp (NASDAQ: ALTA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Glacier Bancorp, Inc. Under the terms of the merger, Altabancorp shareholders will rece...
What is energy sector?
The energy sector is comprised of companies focused on the exploration, production, and marketing of oil, gas, and renewable resources around the world. Popular energy sector stocks include upstream companies that are primarily engaged in the exploration of oil or gas reserves.
Is Cabot Oil & Gas a part of Cimarex?
Houston-based natural gas company Cabot Oil & Gas Corporation (COG) has agreed to merge with Cimarex Energy Co. (XEC) in an all-stock merger of equals. The enterprise value for the combined entity will be approximately $17 billion. Cimarex shares declined 7.1% on May 24, while shares of Cabot plunged 6.8%. The merger will create a diversified energy leader with the combination of two industry-leading operators having top-tier oil and natural gas assets. Notably, the combined company will be headquartered in Houston under a new name. Per the terms of the deal, shareholders of Cimarex will receive 4.0146 shares of Cabot common stock for each share held.
Component Grades
We have 9 different ratings for every stock to help you appreciate its future potential. You can unlock it all now.
XEC POWR Grades
XEC scores best on the Momentum dimension, with a Momentum rank ahead of 99.63% of US stocks.
XEC Stock Summary
With a one year PEG ratio of 327.13, Cimarex Energy Co is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 91.06% of US stocks.
XEC Valuation Summary
In comparison to the median Energy stock, XEC's EV/EBIT ratio is 607.44% higher, now standing at 128.4.
XEC Growth Metrics
The 3 year net cashflow from operations growth rate now stands at 113.75%.
XEC's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
Latest XEC News From Around the Web
Below are the latest news stories about Cimarex Energy Co that investors may wish to consider to help them evaluate XEC as an investment opportunity.
Barchart Technical Opinion
The Barchart Technical Opinion rating is a 88% Buy with a Average short term outlook on maintaining the current direction.
Business Summary
Cimarex Energy is an independent oil and gas exploration and production company focused on increasing shareholder value through strategies linked to generating attractive economic returns on capital employed and profitable growth in per-share reserves, production, and cash flow. They intend to profitably...
What is iShares MSCI Emerging Markets stock symbol?
iShares MSCI Emerging Markets is a Canadian stock, trading under the symbol XEC-T on the Toronto Stock Exchange (XEC-CT). It is usually referred to as TSX:XEC or XEC-T
Is iShares MSCI Emerging Markets a buy or a sell?
In the last year, 3 stock analysts published opinions about XEC-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for iShares MSCI Emerging Markets.
Is iShares MSCI Emerging Markets a good investment or a top pick?
iShares MSCI Emerging Markets was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares MSCI Emerging Markets.
Why is iShares MSCI Emerging Markets stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is iShares MSCI Emerging Markets worth watching?
3 stock analysts on Stockchase covered iShares MSCI Emerging Markets In the last year. It is a trending stock that is worth watching.
What happened
eCash (CRYPTO:XEC) was up 12.77% on high volume in the past 24 hours to $0.0002617 per token as of noon EDT on Tuesday. The coin is now the 31st largest cryptocurrency globally, with a market cap of $4.949 billion.
So what
The technology behind Bitcoin is pretty outdated. Not only is it slow and costly, but its decentralized structure also means that at least 90% of Bitcoin miners around the world must come to a consensus for any updates to its protocol.
Now what
That's definitely a big step up from Bitcoin. What's more, eCash developers plan to scale up the network to handle more than 5 million transactions per second. But don't get too caught up in the euphoria. Right now, eCash adoption is still relatively low, and it's unclear as to how the scaling would work tech-wise.
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