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1700 Lincoln St., Ste. 1800 Denver, CO 80203 CO Tel. 303-295-3995 Fax 303-295-3494 |
Type: Public
On the web:
http://www.cimarex.com
Employees:
775
Employee growth: 2.5%
Cimarex Energy's energy is devoted to oil and gas exploration and production. The independent is focusing its operations developing assets in three regions -- the Midcontinent, Gulf Coast, and Permian Basin. The company reported proved reserves in 2010 of about 1.3 trillion cu. ft. of natural gas and 105 million barrels of oil and natural gas liquids. Cimarex Energy participated in drilling 219 gross wells (129 net) during 2010. That year company-operated wells accounted for 79% of its total proved reserves and some 85% of its total production (of more than 38,670 barrels of oil equivalent per day).
Key numbers for fiscal year ending December, 2010:
Sales: $1,613.7M
One year growth: 59.8%
Net income: $574.8M
Officers:
Chairman, President, and CEO: F. H. Merelli
EVP Operations: Joseph R. Albi
SVP and CFO: Paul J. Korus
Competitors:
Abraxas Petroleum
Anadarko Petroleum
Forest Oil
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