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XEC

Posted: Wed Dec 23, 2015 11:59 am
by dan_s
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.