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Earnings Analysis: 
Cimarex Reports Net Growth on Acquisition
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:15 AM EST February 15 2006



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Cimarex Energy Co, oil and gas company, reported Q4 net income of $1.98 a share, up vs. $1.12 a share in the same period the previous year on revenue growth, topping analyst estimate of $1.52 a share. There were roughly double the average shares outstanding in Q4, following Cimarex 2005 acquisition of Magnum Hunter.

 

 

 

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