traded as nyse xec industry petroleum industry founded 2002 1 headquarters denver colorado united states key people thomas e. jorden ceo production output 985 mmcfe of natural gas equivalent per day 1 revenue us 1.453 billion 2015 1 net income us 2.409 billion 2015 1 total assets us 5.243 billion 2015 1 total equity us 2.798 billion 2015 1 number of employees 925 2015 1 website www.cimarex.com cimarex energy co. is a petroleum and natural gas exploration and production company headquartered in denver colorado with operations primarily in texas oklahoma and new mexico . contents 1 current operations 2 history 3 references 4 external links current operations edit as of december 31 2015 the company had 2.9 trillion cubic feet of natural gas equivalent of estimated proved reserves of which 52 % was natural gas and the remainder was petroleum and natural gas liquids . 1 in 2015 production averaged 985 million cubic feet of natural gas equivalent per day 55 % of which came from the permian basin and 44 % of which came from the rocky mountains particularly the cana woodford in western oklahoma . 1 history edit the company was founded in 2002 . 1 the company was a corporate spin off of helmerich & payne which sought to separate its exploration and production business from its drilling business . 2 in october 2002 shareholders of helmerich & payne received shares in cimarex . 3 in 2005 the company acquired magnum hunter resources in a 1.5 billion transaction . 4 in 2012 the company sold assets in texas for 294 million . 5 in 2014 the company acquired assets in the cana woodford including 140 billion cubic feet equivalent of proved reserves and 50 000 net acres in a 249 million transaction . 6 references edit a b c d e f g h i j cimarex energy 2015 form 10 k drilling contractor to spin off oil and gas business . new york times . february 26 2002 . helmerich & payne announces record and distribution dates for spin off of cimarex energy co. . prnewswire . september 20 2002 . cimarex energy to acquire magnum hunter . prnewswire . january 26 2005 . cimarex announces property sale . prnewswire . november 6 2012 . cimarex to acquire cana woodford assets for 249 million . prnewswire . may 6 2014 . external links edit official website this article about a natural gas or petroleum related company is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title cimarex energy & oldid 730986133 categories oil companies of the united statesnatural gas companies of the united statespetroleum in oklahomapetroleum in texascompanies based in coloradoenergy companies established in 2002non renewable resource companies established in 20022002 establishments in coloradocompanies listed on the new york stock exchangepetroleum company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 22 july 2016 at 04 40 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view