XEC will reassume low-debt profile

摘要

Denver-based Cimarex Energy Co.(NYSE: XEC) is relatively inconspicuous,says Mick Merelli,president,chief executive officer and chairman."We're moving into the Gulf of Mexico now,and people think Cimarex is an arthritis medicine," he said at a recent Houston Producers' Forum program.In the 13 years since its spin-off from Apache Corp.(NYSE: APA),Cimarex has quietly grown through the drillbit and with cash flow.