The Better Stock Is Still Crystal Clear: Cimarex Energy Co. (XEC), Diamondback Energy, Inc. (FANG)

The stock of Cimarex Energy Co. (NYSE:XEC) witnessed a -2.87% increase from the 52-week low price of $77.63 it recorded on 2018-12-06. Their shares price went down by -$5.52 now trading at $75.4. Even though it is still -72.63% behind the $130.16 high touched on 2018-01-12. The last few days have been rough for the stock, as its price has decreased by -8.18% during the week. It has also performed poorly over the past three months, as it lost around -11.78% while it has so far retreated around -33.13% during the course of a year. The stock of XEC recorded -38.2% downtrend from the beginning of this year till date. The 12-month potential price target for Cimarex Energy Co. is set at $124.57. This target means that the stock has an upside potential to increase by 65.21% from the current trading price.

When giving their opinion, around 69.57% of Wall Street analysts, which represents 16 out of 23 rated the stock as a Buy. 7 brokerage firms of the remaining 30.43% rated the stock as a Hold with 0 analyst rating it as a sell. Overall, the number of aggregate XEC shares held by institutional investors represents 0% of total shares. 44 institutions entered new Cimarex Energy Co. (NYSE:XEC) positions, 210 added to their existing positions in these shares, 231 lowered their positions, and 56 exited their positions entirely.

Cimarex Energy Co. (XEC) trade volume has increased by 74% as around 2,728,242 shares were sold when compared with its 50-day average volume of traded shares which is 1,567,920. At the moment, XEC is witnessing a downtrend, as it is trading -11.52% below its 20-day SMA, -14.66% below its 50-day SMA, and -18.29% below its 200-day SMA. The company runs an ROE of roughly 23.2%, with financial analysts predicting that their earnings per share growth will be around 42.57% per annum for the next five year. This will be compared to the 2.2% increase witnessed over the past five years.

The first technical resistance point for Cimarex Energy Co. (NYSE:XEC) will likely come at $78.41, marking a 3.84% premium to the current level. The second resistance point is at $81.42, about 7.39% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $70, the lower end of the range. XEC’s 14-day MACD is -2.65 and this negative figure indicates a downward trading trend. The company’s 14-day RSI (relative strength index) score is 35.6, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 65.03 percent, which is high when compared to that of the 50-day’s 47.49 percent.

The shares of Diamondback Energy, Inc. (NASDAQ:FANG) has decreased by -3.1%, and now trading at $101.82 on the Wall Street in the intra-day deal, with their shares traded now around 5,239,806. This is a rise of 2,418,290 shares over the average 2,821,516 shares that were traded daily over the last three months. The stock that is trading at $101.82 went lower by -1.63% from its 52-week low of $103.51 that it attained back on 2018-12-06. The stock recorded a 52-week high of $140.78 nearly 65 days ago on 2018-10-03.

FANG stock hasn’t performed well over the past 30 days, as it lost -12.22% while its price plunged by -19.35% year-to-date (YTD). Looking at the last few days, it has been tough for the stock, as it tumbled -7.27% over the last week. The stock’s 12-month potential target price is now at $168.11. This means that the stock price might likely increase by 65.11% from its current trading price.27 out of 29 Wall Street analysts which represents 93.1% rated the stock as a buy while the remaining 6.9 rated it as a hold, with 0 of analysts rating it as a sell.

Diamondback Energy, Inc. (NASDAQ:FANG) has been utilizing an ROE that is roughly 11.8%, with stock analysts predicting that the company’s EPS for the next five years will go up by 49.02% per year, following the 49.3% raise that was witnessed during the past five years. The stock at the moment is on a downtrend, trading -7.95% below its 20-day SMA, -14.92% below its 50-day SMA, and -18.05% below its 200-day SMA. In percentage terms, the aggregate Diamondback Energy, Inc. shares held by institutional investors is 0%. 126 institutions jumped in to acquire Diamondback Energy, Inc. (FANG) fresh stake, 331 added to their current holdings in these shares, 337 lowered their positions, and 89 left no stake in the company.

The stock’s 9-day MACD is -2.01 and this negative figure indicates a downward trading trend. The company’s 9-day RSI score is 32.34, which shows that its stock has been neutral. The 20-day historical volatility for the shares stand at 47.69 percent, which is more when compared to that of the 50-day’s 42.06 percent. On the daily chart, we see that the stock could reach the first level of resistance at $103.79, sporting a 1.9% premium to the current level. The next resistance point is at $105.76, representing nearly 3.73% premium to the current market price of Diamondback Energy, Inc. (FANG). On the other hand, failure to breach the immediate hurdles can drag it down to $94.98, the lower end of the range.