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What Are Cimarex Energy’s Profit Margin and Revenue Trends?

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Cimarex Energy’s revenue and net profit margin

Cimarex Energy’s (XEC) 2Q16 revenue fell by ~29% YoY (year-over-year). Its YoY revenue growth was -33% in 2Q15 and -33% in 1Q16.

In comparison, Cimarex Energy’s upstream peers Concho Resources (CXO), Newfield Exploration (NFX), and Oasis Petroleum (OAS) saw YoY revenue growth of -13%, ~-25% and ~-22%, respectively, in 2Q16.

Cimarex Energy also saw a fall in its net profit margin. In 2Q16, it was -89%. It had been -141% in 2Q15 and -77% in 1Q16.

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