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Working at Cimarex Energy Co.

Zippia score 4.6

Overview

SalaryRevenueReviewsHistoryDemographicsCompetitorsCEO & Executives

Cimarex Energy Co. overview

Industry
Petroleum Industry
Revenue
$1.6B
Headquarters
Employees
747
Founded in
2002
Organization type
Public
CEO
Thomas E. Jorden
Social media
Cimarex Energy, Co. (NYSE: XEC) is a Denver-based independent exploration and production company with operations in Oklahoma, Texas, New Mexico and Kansas. The majority of our activity is currently in the Permian Basin and the Cana-Woodford shale play in western Oklahoma. They pride ourselves on a strong technical team. The cornerstone to the Cimarex approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled. They continually strive to maximize cash flow from producing properties for reinvestment in drill-bit driven growth opportunities. They rely heavily on our geoscientists to generate drilling prospects. They have decentralized exploration teams who are experts in their regions. A cornerstone to our approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. Our analysis includes estimates and assessments of potential reserve size, geologic and mechanical risks, expected costs and future production profiles. They also believe it is important to maintain a strong financial position and conservative capital structure in order to maintain drilling activity through all price cycles. They believe that this approach will create shareholder value through growth in reserves and production.
The staff at Cimarex Energy Co. come from unusually diverse demographic backgrounds. The company is 36.1% female and 42.4% ethnic minorities. Despite its diversity in other areas, Cimarex Energy Co. employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 86.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. Cimarex Energy Co. has great employee retention with staff members usually staying with the company for 4.5 years.The average employee at Cimarex Energy Co. makes $75,211 per year. Pay at Cimarex Energy Co. is significantly lower than some of its highest paying competitors, like Swift Energy Company, Berry Petroleum Company, and Gulfport Energy, which pay $90,959, $88,594, and $86,579, respectively.
Cimarex Energy Co. is a medium energy company with 747 employees and an annual revenue of $1.6B that is headquartered in Denver, CO.

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Cimarex Energy Co. culture

  • What makes Cimarex Energy Co. a great place to work

    At Cimarex Energy, every person can have an impact. We truly are a place where ideas matter. Employees are exposed to high impact projects, and have the opportunity to make a difference. We believe in a team-based approach to exploration, and integrate employees from all disciplines. This allows us to learn from each other and get a broader perspective to make the most informed decisions possible.

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The team at Cimarex Energy Co.

  • The key people at Cimarex Energy Co. is Thomas E. Jorden.
Key people
Thomas E. Jorden
The inside scoop
Cimarex is an exploration and production company with operations in Oklahoma, Texas and New Mexico. The majority of our activity is currently in the Permian Basin and the Anadarko Basin in Western Oklahoma. We pride ourselves on a strong technical team. The cornerstone to the Cimarex approach is detailed pre- and post-drill economic evaluation of after-tax rate of return on invested capital for every well drilled. We continually strive to maximize cash flow from producing properties for reinvestment in drill-bit driven growth opportunities.

Cimarex Energy Co. rankings

Cimarex Energy Co. is ranked #92 on the Best companies to work for in Colorado list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

Cimarex Energy Co. salaries

Average Cimarex Energy Co. salary
$75,211
yearly
$36.16 hourly
Updated March 14, 2024

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Cimarex Energy Co. diversity

9.5
Diversity score
We calculated Cimarex Energy Co.’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cimarex Energy Co.’s workforce.
Cimarex Energy Co. diversity summary. Zippia estimates Cimarex Energy Co.'s demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Cimarex Energy Co.'s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Cimarex Energy Co.'s workforce.
  • Cimarex Energy Co. has 747 employees.
  • 36% of Cimarex Energy Co. employees are women, while 64% are men.
  • The most common ethnicity at Cimarex Energy Co. is White (58%).
  • 21% of Cimarex Energy Co. employees are Hispanic or Latino.
  • 9% of Cimarex Energy Co. employees are Black or African American.
  • The average employee at Cimarex Energy Co. makes $75,211 per year.
  • Cimarex Energy Co. employees are most likely to be members of the republican party.
  • Employees at Cimarex Energy Co. stay with the company for 4.5 years on average.

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Cimarex Energy Co. financial performance

8.9
Performance score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Cimarex Energy Co. currently has 1.6B in revenue. Cimarex Energy Co.'s most recent quarter produced 712.4m (q2'2021).

Cimarex Energy Co. annual revenue

$2B
$2B
$1B
$970M
$485M
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Highest paying Cimarex Energy Co. competitors

Compare Cimarex Energy Co. salaries to competitors, including Swift Energy Company, Berry Petroleum Company, and Gulfport Energy. Employees at Swift Energy Company earn the highest average yearly salary of $90,959. The salaries at Berry Petroleum Company average $88,594 per year, and the salaries at Gulfport Energy come in at $86,579 per year.
RankCompanyAverage salaryJobs
1$90,9590
2$88,5940
3$86,5790
4$81,2470
5$81,0790
6$77,2900
7$76,9270
8$72,7080
9$72,3490
10$66,6740
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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Cimarex Energy Co., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Cimarex Energy Co.. The employee data is based on information from people who have self-reported their past or current employments at Cimarex Energy Co.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Cimarex Energy Co.. The data presented on this page does not represent the view of Cimarex Energy Co. and its employees or that of Zippia.

    Cimarex Energy Co. may also be known as or be related to Cimarex Energy, Cimarex Energy Co and Cimarex Energy Co.