Cimarex Energy (XEC +4.3%) trades higher after unveiling its succession plan, naming Thomas E....

|About: Cimarex Energy Co. (XEC)|By:, SA News Editor

Cimarex Energy (XEC +4.3%) trades higher after unveiling its succession plan, naming Thomas E. Jorden as President and Chief Executive Officer, and saying its current  CEO F.H. Merelli will retain his title as chairman to guide the company's long-term strategy.