Cimarex Energy Increases Quarterly Cash Dividend

Feb 26, 2013, 16:05 ET from Cimarex Energy Co.

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DENVER, Feb. 26, 2013 /PRNewswire/ -- Cimarex Energy Co. (NYSE: XEC) announced today that its Board of Directors has declared a regular quarterly cash dividend on its common stock of 14 cents-per-share.  The dividend is payable on June 3, 2013, to stockholders of record on May 15, 2013.  The quarterly dividend was increased from 12 cents-per-share.  This is the fourth consecutive year that the company has raised its cash dividend. 

About Cimarex Energy

Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Mid-Continent and Permian Basin areas of the U.S.

This communication contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are based on current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties are more fully described in SEC reports filed by Cimarex. While Cimarex makes these forward-looking statements in good faith, management cannot guarantee that anticipated future results will be achieved. Cimarex assumes no obligation and expressly disclaims any duty to update the information contained herein except as required by law.

SOURCE Cimarex Energy Co.