Illegal Activity
none
Blackmail
none
Date
2015-01-13
Document Type
report
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This report from HY Corporate Credit analyzes Cimarex Energy's relative value, highlighting its strong financial profile and operational momentum in the face of a commodity downturn. It emphasizes the company's conservative management and focus on maintaining a strong balance sheet, which positions it well for future growth.
Metadata
- Subject
- Cimarex Energy Relative Value
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0044603
- Date
- 2015-01-13
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Cimarex Energy | Analysis | HY Corporate Credit | HY Corporate Credit is analyzing Cimarex Energy's relative value. |
Notable Quotes 2
Its strong financial profile creates a solid platform; its sub lx net leverage level (0.6x at end of O3 14) is the lowest amongst our peer group and liquidity is solid at $1.6 billion including $564 million of cash and undrawn revolver of 51.0 billion.
Besides a solid financial profile, XEC's asset quality and strong operational momentum are both unparalleled.
Financial Information
Amounts:1.6 billion564 million1.0 billion60/3.5060/3.502 billion350 million1.5 billion700 million
Assets:
- Permian play
- Cana assets
Transactions:
- Asset sales
- Acquisitions
- Capex program
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowBusiness dealings
Organizations 3
HY Corporate CreditCimarex EnergyDeutsche Sank Securities Inc.
Locations 5
PermianCulberson CountyNew MexicoCanaMid-Continent
Text Analysis
- Tone
- Professional
- Purpose
- To provide a relative value assessment of Cimarex Energy (XEC) in the context of the current commodity downturn.
- Significance
- The document highlights Cimarex Energy's strong financial profile, asset quality, and operational momentum, which are crucial for limiting cash burn given the bleak commodity outlook.
File Info
- File Name
- EFTA01357808.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:05.372708
- DOJ Source
- View on DOJ