Cimarex Energy Co. (NYSE: XEC) Is an Oil and Gas Exploration and Production Company with Operations Mainly Located in Oklahoma, Texas, New Mexico and Kansas

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Cimarex Energy Co. (NYSE: XEC) is an oil and gas exploration and production company with operations mainly located in Oklahoma, Texas, New Mexico and Kansas. We pride ourselves on having strong technical teams with the common goal of adding shareholder value through drilling and production. The cornerstone to our approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled. We continually strive to maximize our cash flow from producing properties for reinvestment in growth opportunities that are driven by the drill bit. 2012 SUMMARY HIGHLIGHTS ABBREVIATIONS During 2012 we accomplished the following: Bbl/d — barrels per day Bbls —barrels • grew production 6% to a record 626.5 MMcfe/d; Bcf — billion cubic feet Bcfe — billion cubic feet equivalent • combined Permian Basin and Mid-Continent production increased 20% to an Boe — barrels equivalent all-time high of 586 MMcfe/d; Boe/d — barrels equivalent per day Btu — british thermal unit • increased proved reserves 10% to 2.3 Tcfe; MBbls — thousand barrels Mcf — thousand cubic feet • added 757 Bcfe of proved reserves replacing 330% of production; Mcfe — thousand cubic feet equivalent • realized net income of $353.8 million, or $4.07 per diluted share; MMBbls — million barrels MMBtu — million British thermal units • generated cash flow from operating activities of $1.2 billion; MMcf — million cubic feet MMcf/d — million cubic feet per day • sold $306 million of non-core assets; MMcfe — million cubic feet equivalent MMcfe/d — million cubic feet • evaluated, de-risked and expanded our acreage position in several key areas; and equivalent per day • ended the year with debt to total capitalization of 18%. Net Acres — Gross acreage multiplied by working interest percentage Net Production — Gross production multiplied by net revenue interest NGL or NGLs — natural gas liquids Tcf — trillion cubic feet Tcfe — trillion cubic feet equivalent One barrel of oil or NGL is the energy equivalent of six Mcf of natural gas 1.

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Chairman Murkowski, Ranking Member Cantwell, Members of the Committee, It Is an Honor to Be with You This Morning
Cimarex Energy Co. Steve J. Simonton 202 S. Cheyenne Ave Vice President, Drilling & Completion Operations Suite 1000 DIRECT: 918.295.1710 Tulsa, Oklahoma 74103 [email protected] PHONE 918.585.1100 FAX 918.749.8059 Chairman Murkowski, Ranking Member Cantwell, members of the committee, it is an honor to be with you this morning. My name is Steve Simonton, Vice President of Drilling and Completion Operations for Cimarex Energy Co., a publically traded (NYSE:XEC) oil and gas exploration company with operations primarily located in Oklahoma, Texas and New Mexico. The majority of our current activity is in the Permian Basin of West Texas and New Mexico and the Anadarko Basin in Western Oklahoma. We pride ourselves on having strong technical teams with a common goal of adding shareholder value through drilling and production. Simply stated, our business strategy is to maximize our cash flow from producing oil and gas properties and effectively redeploy the cash flow in drilling projects to grow the company. In order to be competitive and ultimately be successful in our business strategy, it is imperative we stay ahead in the technologies that continue to evolve in our industry. Over the last decade, our industry has made tremendous advancements to improve the productivity of the wells we drill. Years ago, we drilled vertical holes into the earth to extract oil and gas from rock intervals, which were, in general, 20’ – 300’+ thick. These “vertical completions” only allowed us to extract the oil and gas from the vertical section of the rock interval we contacted. With the evolution of horizontal drilling technology, we are now able to drill the vertical section of the well down to the rock interval we are targeting, and then drill horizontally out into the interval, thereby contacting up to 10,000’ of rock section from which to produce.
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CIMAREX ENERGY CO Form DEF 14A Filed 2021-03-26
SECURITIES AND EXCHANGE COMMISSION FORM DEF 14A Definitive proxy statements Filing Date: 2021-03-26 | Period of Report: 2021-05-12 SEC Accession No. 0001047469-21-000740 (HTML Version on secdatabase.com) FILER CIMAREX ENERGY CO Mailing Address Business Address 1700 LINCOLN STREET 1700 LINCOLN STREET CIK:1168054| IRS No.: 450466694 | State of Incorp.:DE | Fiscal Year End: 1231 SUITE 3700 SUITE 3700 Type: DEF 14A | Act: 34 | File No.: 001-31446 | Film No.: 21774995 DENVER CO 80203-4537 DENVER CO 80203-4537 SIC: 1311 Crude petroleum & natural gas 303-295-3995 Copyright © 2021 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant þ Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) þ Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to §240.14a-12 Cimarex Energy Co. (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): þ No fee required. o Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: Per unit price or other underlying value of transaction computed pursuant to Exchange (3) Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: o Fee paid previously with preliminary materials.
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Cabot Oil & Gas and Cimarex Energy to Combine in All-Stock Merger Of
Cabot Oil & Gas and Cimarex Energy to Combine in All-Stock Merger of Equals 5/24/2021 Creating a Premier, Diversied Energy Company with a Strong Free Cash Flow Prole; Positioned to Deliver Superior and Sustainable Returns HOUSTON and DENVER, May 24, 2021 /PRNewswire/ -- Cabot Oil & Gas Corporation ("Cabot") (NYSE: COG) and Cimarex Energy Co. ("Cimarex") (NYSE: XEC) today announced that they have entered into a denitive agreement whereby the companies will combine in an all-stock merger of equals. The combination will bring together two industry-leading operators with top-tier oil and natural gas assets to create a diversied energy leader that is positioned to drive enhanced free cash ow generation and returns for investors through market cycles. Under the terms of the agreement, which has been unanimously approved by the Boards of Directors of both companies, Cimarex shareholders will receive 4.0146 shares of Cabot common stock for each share of Cimarex common stock owned. The exchange ratio, together with closing prices for Cabot and Cimarex on May 21, 2021, reects an enterprise value for the combined companies of approximately $17 billion. Upon completion of the transaction, Cabot shareholders will own approximately 49.5% and Cimarex shareholders will own approximately 50.5% on a fully diluted basis. "The combination of Cabot and Cimarex will create a free cash ow focused, diversied energy company with the scale, inventory and nancial strength to thrive across commodity price cycles," Dan O. Dinges, Chairman, President and CEO of Cabot. "The combined business will be overseen by an experienced Board and a management team that is committed to a prudent strategy built on disciplined capital investment, strong free cash ow generation and increasing returns to shareholders.
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Cimarex Energy Annual Report 2021
Cimarex Energy Annual Report 2021 Form 10-K (NYSE:XEC) Published: February 23rd, 2021 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 001-31446 CIMAREX ENERGY CO. (Exact name of registrant as specified in its charter) Delaware 45-0466694 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 1700 Lincoln Street, Suite 3700 Denver Colorado 80203 (Address of principal executive offices) (Zip Code) (303) 295-3995 (Registrant’s telephone number) Securities registered pursuant to Section 12(b) of the Act: Trading Title of each class Symbol(s) Name of each exchange on which registered Common Stock ($0.01 par value) XEC New York Stock Exchange Securities Registered Pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
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Cabot Oil & Gas and Cimarex Energy to Combine in All-Stock Merger Of
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Review of Emerging Resources: U.S. Shale Gas and Oil Plays
Review of Emerging Resources: U.S. Shale Gas and Shale Oil Plays July 2011 U.S. Department of Energy www.eia.gov Washington, DC 20585 THIS PAGE INTENTIONALLY LEFT BLANK The information presented in this overview is based on the report Review of Emerging Resources: U.S. Shale Gas and Shale Oil Plays, which was prepared by INTEK, Inc. for the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. The full report is attached. By law, EIA’s data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. The views in this report therefore should not be construed as representing those of the Department of Energy or other Federal agencies. Review of Emerging Resources: U.S. Shale Gas and Shale Oil Plays Background The use of horizontal drilling in conjunction with hydraulic fracturing has greatly expanded the ability of producers to profitably recover natural gas and oil from low-permeability geologic plays—particularly, shale plays. Application of fracturing techniques to stimulate oil and gas production began to grow rapidly in the 1950s, although experimentation dates back to the 19th century. Starting in the mid-1970s, a partnership of private operators, the U.S. Department of Energy (DOE) and predecessor agencies, and the Gas Research Institute (GRI) endeavored to develop technologies for the commercial production of natural gas from the relatively shallow Devonian (Huron) shale in the eastern United States. This
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4Q20 EARNINGS PRESENTATION February 2021 Forward-Looking Statements
4Q20 EARNINGS PRESENTATION February 2021 Forward-looking Statements This presentation contains projections and other forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These projections and statements reflect the Company’s current views with respect to future events and financial performance. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company’s periodic reports filed with the U.S. Securities and Exchange Commission. Actual results may differ materially from company projections and other forward-looking statements and can be affected by a variety of factors outside the control of the company, all of which may be amplified by the COVID-19 pandemic and its unpredictable nature, including among other things: fluctuations in the price we receive for our oil, gas, and NGL production, including local market price differentials, which may be exacerbated by the demand destruction resulting from COVID-19; disruptions to the availability of workers and contractors due to illness and stay at home orders related to the COVID-19 pandemic; cost and availability of gathering, pipeline, refining, transportation and other midstream and downstream activities and our ability to sell oil, gas, and NGLs, which may be negatively impacted by the COVID-19
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Cimarex Energy, Passed Away August 12, 2012
STAYING THE COURSE ANNUAL REPORT F.H. “MICK” MERELLI, founder and former Chair- man of Cimarex Energy, passed away August 12, 2012. He was 76 years old. He was also Chairman, President and CEO of Cimarex’s predecessor company, Key Production Company. He was a longtime oilman with a distinguished career that spanned over fifty years from his days as a field engineer fresh out of Colorado School of Mines, to executive roles with Terra Resources, Apache Corp., Key Production and Cimarex. It was his leadership, vision and discipline that propelled Cimarex from an organization of a handful of people to the $6 billion company it is today. Mick challenged people to do their best, to objectively measure results and to use those measurements to make better decisions. He fostered debate and promoted a culture of innovation, independent thought and personal initiative which attracted the talented staff seen at Cimarex today. His business philosophy was simple — create real value for shareholders. He believed it was his respon- sibility to not only make Cimarex more profitable, but also genuinely better. He pushed those around him to do the same. When he died at his beloved ranch in Conifer, Colorado, his wish was for Cimarex to continue that course and to thrive. Cimarex Energy Co. (NYSE: XEC) is an oil and gas exploration and production company with operations mainly located in Oklahoma, Texas, New Mexico and Kansas. We pride ourselves on having strong technical teams with the common goal of adding shareholder value through drilling and production. The cornerstone to our approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled.
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ITEMS 1 and 2. BUSINESS and PROPERTIES General Cimarex Energy Co., a Delaware Corporation Formed in 2002, Is an Independent
ITEMS 1 AND 2. BUSINESS AND PROPERTIES General Cimarex Energy Co., a Delaware corporation formed in 2002, is an independent oil and gas exploration and production company. Our operations are located entirely within the United States of America, mainly in Texas, New Mexico, and Oklahoma. Currently our operations are focused in two main areas: the Permian Basin and the Mid-Continent. Our Permian Basin region encompasses west Texas and southeast New Mexico. Our Mid- Continent region consists of Oklahoma and the Texas Panhandle. On our website — www.cimarex.com — you will find our annual reports, proxy statements, and all of our Securities and Exchange Commission (“SEC”) filings, which we make available free of charge. Information contained on our website is not incorporated by reference into this Annual Report. Throughout this Form 10-K we use the terms “Cimarex,” “company,” “we,” “our,” and “us” to refer to Cimarex Energy Co. and its subsidiaries. Our principal business objective is to increase shareholder value through the profitable growth of our proved reserves and production while seeking to minimize our impact on the communities in which we operate for the long-term. Our strategy centers on maximizing cash flow from producing properties for reinvestment in exploration and development activities and for providing cash returns to shareholders through dividends and debt reduction. We consider merger and acquisition opportunities that enhance our competitive position and we occasionally divest non-strategic assets. Key elements to our approach include: • Maintaining a strong financial position; • Investing in a diversified portfolio of drilling opportunities; • Evaluating projects based on rate-of-return and rank investment decisions; • Tracking predicted versus actual results in a centralized exploration management system to provide feedback to improve results; • Attracting quality employees and maintaining integrated teams of geoscientists, landmen, and engineers; and • Maximizing profitability.
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CORPORATE UPDATE May 2019 Forward-Looking Statements
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Helmerich & Payne, Inc
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