Cimarex Energy Co. Reports Gain In Q4 Earnings

(RTTNews) - Cimarex Energy Co. (XEC) revealed earnings for its fourth quarter that increased compared to the same period last year.

The company said its bottom line climbed to $140.05 million, or $1.47 per share. This was higher than $66.37 million, or $0.70 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 44.2% to $550.94 million. This was up from $382.15 million last year.

Cimarex Energy Co. earnings at a glance:

-Earnings (Q4): $140.05 Mln. vs. $66.37 Mln. last year. -Earnings Growth (Y-o-Y): 111.0% -EPS (Q4): $1.47 vs. $0.70 last year. -EPS Growth (Y-o-Y): 110.0% -Revenue (Q4): $550.94 Mln vs. $382.15 Mln last year. -Revenue Change (Y-o-Y): 44.2%