Cimarex Energy Co. Oil & Gas Exploration and Production Operations and Cost Analysis - Q2, 2016

SKU ID :GD-10388414 | Published Date: 31-Oct-2016 | No. of pages: 87
Table of Contents Table of Contents 2 List of Tables 4 List of Figures 5 Company Snapshot 8 Key Information 8 Company Overview 8 Cimarex Energy Co., Valuation and Financial Data 9 Cimarex Energy Co., Share Price Performance 9 Share Price Performance, Q2, 2015-Q2, 2016 9 Cimarex Energy Co., Key Valuation Metrics 10 Key Valuation Metrics, Q2, 2015-Q2, 2016 10 Cimarex Energy Co., Quarterly Results of Oil & Gas Operations Per boe Produced 11 Results of Oil & Gas Operations Per boe Produced, Q2, 2015-Q2, 2016 11 Results of Oil & Gas Operations Per boe Growth Rates, Q2, 2015-Q2, 2016 12 Cimarex Energy Co., Quarterly E&P Costs Trends 13 Upstream Capital Expenditure, Q2, 2015-Q2, 2016 13 Cimarex Energy Co., Quarterly Production Trends 14 Cimarex Energy Co., Total Oil and Gas Production 14 Total Crude Oil and Natural Gas Production Trend, Q2, 2015-Q2, 2016 14 Total Crude Oil & Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 15 Cimarex Energy Co., Crude Oil Production 16 Total Crude Oil Production Trend, Q2, 2015-Q2, 2016 16 Crude Oil Production, By Country/Region, Q2, 2015-Q2, 2016 17 Cimarex Energy Co., Natural Gas Production 18 Total Natural Gas Production Trend, Q2, 2015-Q2, 2016 18 Natural Gas Production, By Country/Region, Q2, 2015-Q2, 2016 19 Cimarex Energy Co., Valuation and Financial Data, 2011-2015 20 Cimarex Energy Co., Share Price Performance, 2011-2015 20 Share Price Performance, 2011-2015 20 Key Valuation Metrics, 2011-2015 21 Cimarex Energy Co., Production and Reserves Trends 22 Total Oil and Gas, Reserves and Production 22 Total Crude Oil and Natural Gas Production and Reserves Trend, 2011-2015 22 Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2011-2015 24 Total Crude Oil and Natural Gas Reserve Changes, 2011-2015 26 Crude Oil/Liquids Production and Reserve 27 Crude Oil/Liquids Production and Reserve Trend, 2011-2015 27 Crude Oil Production and Reserves By Country/Region, 2011-2015 28 Crude Oil/Liquids Reserve Changes, 2011-2015 30 Natural Gas Production and Reserve 31 Natural Gas Production and Reserve Trend, 2011-2015 31 Natural Gas Production and Reserves, By Country/Region, 2011-2015 32 Natural Gas Reserve Changes, 2011-2015 34 Total Crude Oil and Natural Gas Reserves Life Index 35 Total Crude Oil and Natural Gas Reserves Life Index, 2011-2015 35 Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2011-2015 36 Cimarex Energy Co., E&P Costs Trends 38 Allocation of the Upstream Capital Expenditure 38 Upstream Capital Expenditure, 2011-2015 38 Acquisition Costs By Country/Region, 2011-2015 39 Exploration and Development Costs, By Country/Region, 2011-2015 41 Oil and Gas Cost Per boe, US$/boe 43 Oil and Gas Cost Per boe, US$/boe, 2011-2015 43 Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2011-2015 45 Cimarex Energy Co., Reserve Replacement Ratio 47 Oil and Gas Production Replacement Ratio 47 Oil and Gas Production Replacement Ratio, 2011-2015 47 Oil and Gas Production Replacement Ratio, By Country/Region, 2011-2015 49 Cimarex Energy Co., Results of Oil & Gas Operations Trend 53 Oil and Gas Revenue and Expenses 53 Oil and Gas Revenue and Expenses, 2011-2015 53 Oil and Gas Revenue and Expenses, By Country/Region, 2011-2015 54 Oil and Gas Revenue and Expenses, Per boe 59 Oil and Gas Revenue and Expenses, By boe, 2011-2015 59 Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2011-2015 60 Oil and Gas Performance Metrics 64 Cimarex Energy Co., Land Holdings and Well Data 65 Developed and Undeveloped Acreage 65 Gross and Net Developed and Undeveloped Acreage, 2011-2015 65 Gross and Net Developed and Undeveloped Acreage, By Country/Region, 2011-2015 66 Well Statistics 69 Producible Oil and Gas Well, 2011-2015 69 Producible Oil and Gas Well, By Country/Region, 2011-2015 70 Exploration and Development Wells Drilled, 2011-2015 74 Recent Developments 75 Cimarex Energy Co. - Recent Developments 75 Aug 03, 2016: Cimarex Reports Second Quarter 2016 Results 75 May 19, 2016: MPLX Begins Operations At Hidalgo Complex In The Delaware Basin 76 May 04, 2016: Cimarex Reports First Quarter 2016 Results 77 Feb 16, 2016: Cimarex Announces 2016 Capital Plans, Gives Production And Expense Guidance 78 Feb 16, 2016: Cimarex Reports Fourth-Quarter And Full-Year 2015 Results 79 Nov 03, 2015: Cimarex Reports Third Quarter 2015 Results 80 Nov 02, 2015: Cimarex Energy: Lisa A. Stewart Joins Cimarex Board of Directors 82 Aug 04, 2015: Cimarex Reports Second Quarter 2015 Results 82 Jun 02, 2015: MarkWest Energy Partners Announces New Commercial Agreements To Provide Processing Services For Cimarex And Chevron In The Permian Basin 83 Jun 02, 2015: Cimarex Energy: Chief Financial Officer, Paul Korus, To Retire 84 Appendix 85 Methodology 85 Coverage 85 Secondary Research 85 Primary Research 85 Data Information Sources 86 Company Source 86 SEC/Other Regulatory Filings 86 Other Sources 86 Expert Panel Validation 86 Data Definition 86 Oil and Gas Reserves 86 Units of Measure 87 About GlobalData 87 Disclosure 87 Disclaimer 87
List of Tables Table 1: Cimarex Energy Co., Key Facts 8 Table 2: Cimarex Energy Co., Share Price Performance, Q2, 2015-Q2, 2016 9 Table 3: Cimarex Energy Co., Key Valuation Metrics, Q2, 2015-Q2, 2016 10 Table 4: Cimarex Energy Co., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 11 Table 5: Cimarex Energy Co., Results of Oil & Gas Operations Per boe Growth Rates, %, Q2, 2015-Q2, 2016 12 Table 6: Cimarex Energy Co., Upstream Capital Expenditure, Q2, 2015-Q2, 2016 13 Table 7: Cimarex Energy Co., Total Crude Oil and Natural Gas, Production, Q2, 2015-Q2, 2016 14 Table 8: Cimarex Energy Co., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 15 Table 9: Cimarex Energy Co., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 16 Table 10: Cimarex Energy Co., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 17 Table 11: Cimarex Energy Co., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 18 Table 12: Cimarex Energy Co., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 19 Table 13: Cimarex Energy Co., Share Price Performance, 2011-2015 20 Table 14: Cimarex Energy Co., Key Valuation Metrics, 2011-2015 21 Table 15: Cimarex Energy Co., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 23 Table 16: Cimarex Energy Co., Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2011-2015 25 Table 17: Cimarex Energy Co., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2011-2015 26 Table 18: Cimarex Energy Co., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Table 19: Cimarex Energy Co., Crude Oil Production and Reserves, By Country/Region, mmbbl, 2011-2015 29 Table 20: Cimarex Energy Co., Crude Oil Reserve Changes, mmbbl, 2011-2015 30 Table 21: Cimarex Energy Co., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Table 22: Cimarex Energy Co., Natural Gas Production and Reserves, By Country/Region, bcf, 2011-2015 33 Table 23: Cimarex Energy Co., Natural Gas Reserve Changes, bcf, 2011-2015 34 Table 24: Cimarex Energy Co., Oil and Gas Reserves Life Index, Years, 2011-2015 35 Table 25: Cimarex Energy Co., Oil and Gas Reserves Life Index, By Country/Region, Years, 2011-2015 37 Table 26: Cimarex Energy Co., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Table 27: Cimarex Energy Co., Proved and Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 40 Table 28: Cimarex Energy Co., Exploration and Development Costs, By Country/Region, US$ mil, 2011-2015 42 Table 29: Cimarex Energy Co., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 44 Table 30: Cimarex Energy Co., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2011-2015 46 Table 31: Cimarex Energy Co., Oil and Gas Production Replacement Ratio, %, 2011-2015 48 Table 32: Cimarex Energy Co., 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2011-2015 52 Table 33: Cimarex Energy Co., Revenue and Expenses, US$ mil, 2011-2015 53 Table 34: Cimarex Energy Co., Revenue and Expenses, By Country/Region, US$ mil, 2011-2015 58 Table 35: Cimarex Energy Co., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Table 36: Cimarex Energy Co., Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2011-2015 63 Table 37: Cimarex Energy Co., Oil and Gas Performance Metrics, 2011-2015 64 Table 38: Cimarex Energy Co., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Table 39: Cimarex Energy Co., Land Holdings (Developed and Undeveloped Acreage), By Country/Region, Acres, 2011-2015 68 Table 40: Cimarex Energy Co., Producible Oil and Gas Wells, 2011-2015 69 Table 41: Cimarex Energy Co., Producible Oil and Gas Wells, By Country/Region, 2011-2015 73 Table 42: Cimarex Energy Co., Exploratory and Developed Wells, 2011-2015 74 List of Figures Figure 1: Cimarex Energy Co., Share Price Performance, USD/Share, Q2, 2015-Q2, 2016 9 Figure 2: Cimarex Energy Co., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q2, 2015-Q2, 2016 10 Figure 3: Cimarex Energy Co., Results of Oil & Gas Operations Per boe Produced, US$/boe, Q2, 2015-Q2, 2016 11 Figure 4: Cimarex Energy Co., Upstream Capital Expenditure, US$ mil, Q2, 2015-Q2, 2016 13 Figure 5: Cimarex Energy Co., Total Crude Oil and Natural Gas, Production, mmboe, Q2, 2015-Q2, 2016 14 Figure 6: Cimarex Energy Co., Total Oil & Gas Production, By Country/Region, mmboe, Q2, 2015-Q2, 2016 15 Figure 7: Cimarex Energy Co., Total Crude Oil Production, mmbbl, Q2, 2015-Q2, 2016 16 Figure 8: Cimarex Energy Co., Crude Oil Production, By Country/Region, mmbbl, Q2, 2015-Q2, 2016 17 Figure 9: Cimarex Energy Co., Total Natural Gas Production, bcf, Q2, 2015-Q2, 2016 18 Figure 10: Cimarex Energy Co., Natural Gas Production, By Country/Region, bcf, Q2, 2015-Q2, 2016 19 Figure 11: Cimarex Energy Co., Share Price Performance, USD/Share, 2011-2015 20 Figure 12: Cimarex Energy Co., Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2011-2015 21 Figure 13: Cimarex Energy Co., Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2011-2015 22 Figure 14: Cimarex Energy Co., Total Oil & Gas Reserves, End of Period, By Country/Region, mmboe, 2011-2015 24 Figure 15: Cimarex Energy Co., Total Oil & Gas Production, By Country/Region, mmboe, 2011-2015 24 Figure 16: Cimarex Energy Co., Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2015 26 Figure 17: Cimarex Energy Co., Crude Oil Production and Reserves Metrics, mmbbl, 2011-2015 27 Figure 18: Cimarex Energy Co., Oil Reserves, End of Period, By Country/Region, mmbbl, 2011-2015 28 Figure 19: Cimarex Energy Co., Oil Production, By Country/Region, mmbbl, 2011-2015 28 Figure 20: Cimarex Energy Co., Crude Oil Reserve Changes, mmbbl, 2015 30 Figure 21: Cimarex Energy Co., Natural Gas Production and Reserves Metrics, bcf, 2011-2015 31 Figure 22: Cimarex Energy Co., Gas Reserves, End of Period, By Country/Region, bcf, 2011-2015 32 Figure 23: Cimarex Energy Co., Gas Production, By Country/Region, bcf, 2011-2015 32 Figure 24: Cimarex Energy Co., Natural Gas Reserve Changes, bcf, 2015 34 Figure 25: Cimarex Energy Co., Oil and Gas Reserves Life Index, Years, 2011-2015 35 Figure 26: Cimarex Energy Co., Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 27: Cimarex Energy Co., Oil & Gas Reserve Life Index, By Country/Region, Years, 2011-2015 36 Figure 28: Cimarex Energy Co., Oil Reserve Life Index, By Country/Region, Years, 2011-2015 37 Figure 29: Cimarex Energy Co., Upstream Capital Expenditure, US$ mil, 2011-2015 38 Figure 30: Cimarex Energy Co., Proved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 31: Cimarex Energy Co., Unproved Acquisition Costs, By Country/Region, US$ mil, 2011-2015 39 Figure 32: Cimarex Energy Co., Development Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 33: Cimarex Energy Co., Exploration Costs, By Country/Region, US$ mil, 2011-2015 41 Figure 34: Cimarex Energy Co., 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2011-2015 43 Figure 35: Cimarex Energy Co., Oil & Gas Finding & Development Cost/boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 36: Cimarex Energy Co., Oil & Gas Finding Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 45 Figure 37: Cimarex Energy Co., Reserve Replacement Cost per boe, 3-Year Average, By Country/Region, US$/boe, 2011-2015 46 Figure 38: Cimarex Energy Co., 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2011-2015 47 Figure 39: Cimarex Energy Co., 3-Year Wt. Avg. Gas F&D Production Replacement, By Country/Region, %, 2011-2015 49 Figure 40: Cimarex Energy Co., 3-Year Wt. Avg. Gas RRC Production Replacement, By Country/Region, %, 2011-2015 49 Figure 41: Cimarex Energy Co., 3-Year Wt. Avg. Oil & Gas F&D Production Replacement, By Country/Region, %, 2011-2015 50 Figure 42: Cimarex Energy Co., 3-Year Wt. Avg. Oil & Gas RRC Production Replacement, By Country/Region, %, 2011-2015 50 Figure 43: Cimarex Energy Co., 3-Year Wt. Avg. Oil F&D Production Replacement, By Country/Region, %, 2011-2015 51 Figure 44: Cimarex Energy Co., 3-Year Wt. Avg. Oil RRC Production Replacement, By Country/Region, %, 2011-2015 51 Figure 45: Cimarex Energy Co., Revenue and Expenses, US$ mil, 2011-2015 53 Figure 46: Cimarex Energy Co., Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 47: Cimarex Energy Co., Income Tax Provision (Benefit) From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 54 Figure 48: Cimarex Energy Co., Net Income/ Loss From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 55 Figure 49: Cimarex Energy Co., Oil & Gas Revenue, By Country/Region, US$ mil, 2011-2015 55 Figure 50: Cimarex Energy Co., Profit (loss) Before Taxation From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 56 Figure 51: Cimarex Energy Co., Production Costs, By Country/Region, US$ mil, 2011-2015 56 Figure 52: Cimarex Energy Co., Total Expenses From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2011-2015 57 Figure 53: Cimarex Energy Co., Oil and Gas Revenue and Expenses, US$/boe, 2011-2015 59 Figure 54: Cimarex Energy Co., Income Tax/(Benefit) per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 55: Cimarex Energy Co., Lifting Cost per boe, By Country/Region, US$/boe, 2011-2015 60 Figure 56: Cimarex Energy Co., Annual Net Income per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 57: Cimarex Energy Co., Oil & Gas Revenue per boe, By Country/Region, US$/boe, 2011-2015 61 Figure 58: Cimarex Energy Co., Total DD&A per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 59: Cimarex Energy Co., Total Revenue per boe, By Country/Region, US$/boe, 2011-2015 62 Figure 60: Cimarex Energy Co., Oil and Gas Performance Metrics, 2011-2015 64 Figure 61: Cimarex Energy Co., Land Holdings (Developed and Undeveloped Acreage), Acres, 2011-2015 65 Figure 62: Cimarex Energy Co., Total Gross Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 63: Cimarex Energy Co., Total Net Undeveloped Acreage, By Country/Region, Acres, 2011-2015 66 Figure 64: Cimarex Energy Co., Total Gross Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 65: Cimarex Energy Co., Total Net Developed Acreage, By Country/Region, Acres, 2011-2015 67 Figure 66: Cimarex Energy Co., Producible Oil and Gas Wells, 2011-2015 69 Figure 67: Cimarex Energy Co., Gross Productive Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 68: Cimarex Energy Co., Gross Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 70 Figure 69: Cimarex Energy Co., Gross Productive Oil Wells, By Country/Region, Number, 2011-2015 71 Figure 70: Cimarex Energy Co., Net/Gross Oil & Gas Ratio, By Country/Region, %, 2011-2015 71 Figure 71: Cimarex Energy Co., Net Productive Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 72: Cimarex Energy Co., Net Productive Oil & Gas Wells, By Country/Region, Number, 2011-2015 72 Figure 73: Cimarex Energy Co., Net Productive Oil Wells, By Country/Region, Number, 2011-2015 73 Figure 74: Cimarex Energy Co., Exploratory and Developed Wells, 2011-2015 74
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