Cimarex Energy Co. Sustainability Profile
Cimarex Energy Co., a prominent player in the oil and gas industry, is headquartered in the United States, with significant operations in the Permian Basin and the Mid-Continent region. Founded in 2000, Cimarex has established itself as a leader in exploration and production, focusing on the development of unconventional resources. The company is renowned for its expertise in horizontal drilling and advanced completion techniques, which set it apart in a competitive market. With a strong commitment to operational efficiency and sustainability, Cimarex has achieved notable milestones, including consistent production growth and strategic acquisitions. As a result, Cimarex Energy Co. holds a robust market position, recognised for its innovative approach and dedication to maximising shareholder value.
DitchCarbon Score
How does Cimarex Energy Co.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Crude Oil Extraction industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Cimarex Energy Co.'s score of 13 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cimarex Energy Co., headquartered in the US, currently does not have specific carbon emissions data available for recent years, as indicated by the absence of emissions figures. The company is a current subsidiary of Coterra Energy Inc., which may influence its climate commitments and reporting. Cimarex Energy Co. has not publicly disclosed any reduction targets or specific climate initiatives. The lack of documented reduction initiatives or commitments suggests that the company may still be in the process of developing its climate strategy. As a subsidiary of Coterra Energy Inc., any climate-related performance metrics or targets may be inherited from this parent company. However, specific details regarding Coterra's emissions or climate commitments have not been provided in the available data. In summary, Cimarex Energy Co. currently lacks detailed emissions data and specific climate commitments, reflecting a potential area for future development in their environmental strategy.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,171,754,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | - | - | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - |
How Carbon Intensive is Cimarex Energy Co.'s Industry?
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Cimarex Energy Co.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cimarex Energy Co. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
