Cimarex Energy Co., founded in 2002 and headquartered in Denver, Colorado, is an independent oil and gas exploration and production company focused on the development of unconventional resources in the Permian Basin and the Anadarko Basin. The company is committed to sustainable practices while delivering reliable energy through exploration, production, and the use of advanced technology in its operations.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| XEC 3.90% 2027-05-15 USDCimarex Energy Co. | United States | 2027-05-15 | 3.900 | 5.52 |
| XEC 4.38% 2029-03-15 USDCimarex Energy Co. | United States | 2029-03-15 | 4.375 | 5.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Cimarex has a history of robust bond issuances, with its first significant offering occurring in 2011, leading to increased capital for expansion efforts. Notably, in 2020, the company issued a $500 million bond maturing in 2028, which garnered considerable interest due to its attractive yields compared to industry averages. Currently, Cimarex bonds demonstrate a yield that is competitive within the energy sector, reflecting the company's strong creditworthiness and resilient financial performance, even amid industry fluctuations.