Financial Statements

Cimarex Energy Co. (XEC)

-90.00 (-%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2020 2019 2018 2017 2016
Retained Earnings (Previous Year) 332543-199-405-
Net Income -1,967-125792494-431
Stock Dividends 70-56-25864
Dividend Paid -93-82-55-31-38
Retained Earnings -1,659332543-199-405

PPE Schedule

Year 2020 2019 2018 2017 2016
Gross PPE 5,7303,9733,4523,060-
Annual Depreciation -1,2063,0802,1911,6713,781
Capital Expenditure -651-1,323-1,670-1,278-722
Net PPE 3,8735,7303,9733,4523,060

Intangible and Goodwill Schedule

Year 2020 2019 2018 2017 2016
Intangible and Goodwill (Previous Year) -620620620717
New Purchases -----
Intangible and Goodwill 620620620717-

Cimarex Energy Co. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Cimarex Energy Co. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.