SunTrust Robinson Humphrey initiates coverage on Cimarex Energy (NYSE: XEC) with a Buy rating and a $130.00 price target.
CapitalOne initiates coverage on XEC with an "Overweight" rating.
My valuation of XEC is $131.60. It also has a lot of exposure to SCOOP & STACK. They have drilled several wells close to Gastar's southern block of leasehold in Central Oklahoma.
XEC, DVN, CLR and NFX are all going to report "glowing" well results in SCOOP & STACK when they report Q4 results. This will draw a lot of attention to GST.