NEW YORK (

TheStreet

) --

Cimarex Energy Company

(NYSE:

XEC

) hit a new 52-week high Monday as it traded at $117.14 compared with its previous 52-Week high of $116.91. Cimarex Energy is changing hands at $117.43 with 8,330 shares traded as of 9:32 a.m. ET. Average volume has been 815,000 shares over the past 30 days.

Cimarex Energy has a market cap of $9.7 billion and is part of the

basic materials

sector and

energy

industry. Shares are up 31.8% year to date as of the close of trading on Friday.

Cimarex Energy Co. operates as an oil and gas exploration and production company. The company has a P/E ratio of 17.1, equal to the average energy industry P/E ratio and below the S&P 500 P/E ratio of 22.6.

TheStreet Ratings rates Cimarex Energy as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, growth in earnings per share, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full

Cimarex Energy Ratings Report

.

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