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Concho Resources Inc. (CXO)

(Delayed Data from NYSE)

$109.49 USD

109.49
2,580,959

+4.63 (4.42%)

Updated May 3, 2019 04:00 PM ET

After-Market: $109.47 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

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Oil & Gas Stock Roundup: Shell, BP & ConocoPhillips Post Q1 Earnings Beat

European oil majors Royal Dutch Shell (RDS.A) and BP plc (BP), as well as energy explorer ConocoPhillips (COP) reported better-than-expected first-quarter earnings.

Concho (CXO) Misses on Q1 Earnings, Lifts Output Guidance

Concho Resources (CXO) now expects 2019 oil output to grow 27-31% y/y versus prior forecast of 26-30%.

Concho Resources (CXO) Q1 Earnings Lag Estimates

Concho Resources (CXO) delivered earnings and revenue surprises of -1.37% and 5.23%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

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Key Factors to Impact Concho Resources' (CXO) Q1 Earnings

Two major areas of interest - output growth and oil price realizations - are sending mixed signals with regard to Concho Resources' (CXO) results in the upcoming quarter.

Analysts Estimate Concho Resources (CXO) to Report a Decline in Earnings: What to Look Out for

Concho Resources (CXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PDCE vs. CXO: Which Stock Is the Better Value Option?

PDCE vs. CXO: Which Stock Is the Better Value Option?

Concho-Frontier JV to Bet on Permian Midstream Start-Up

Beta Crude Connector is going to aid in the transportation of Concho's (CXO) growing production in the Northern Midland Basin in the Permian play.

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Oil ETFs Surge as Chevron Plans to Buy Anadarko

The deal news has sparked a new wave of mergers and acquisitions in the energy sector, boosting shares of shale oil companies and ETFs.

Concho Resources (CXO) Looks Good: Stock Adds 8.8% in Session

Concho Resources (CXO) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

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Oil & Gas Stock Roundup: Concho Midstream Monetization, Noble Energy Project Approval

Permian operator Concho Resources (CXO) handed over its stake in a large midstream infrastructure system in the region to a private equity fund.

U.S. Rig Count Drops for the Third Consecutive Month

Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

PDCE vs. CXO: Which Stock Should Value Investors Buy Now?

PDCE vs. CXO: Which Stock Is the Better Value Option?

Concho (CXO) Monetizes Permian Midstream Assets: Here's Why

Concho (CXO) decides to sell Oryx I gathering system at a substantial premium to the originally invested capital.

Permian Basin & Eagle Ford Remove 5 Oil Drilling Rigs Each

The tally for oil drilling rigs in the United States fell for six successive weeks to the lowest level since April 2018.

Permian Sees Drop in Oil Rig Count for 4 Straight Weeks

Explorers and producers are getting more conservative about investing over volatile oil prices.

Concho Resources (CXO) Down 2.5% Since Last Earnings Report: Can It Rebound?

Concho Resources (CXO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Cana Woodford & Mississippian Witness Decline in Oil Rigs

In the United States, the tally for oil drilling rigs fell to the lowest mark since April 2018.

    U.S. Rig Count Falls for the Second Consecutive Month

    Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

    The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

    The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

    Permian Basin Witnesses Removal of 7 Oil Drilling Rigs

    The tally for rigs exploring oil in the United States slips to the lowest mark since May 2018.

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    Shale Oil Q4 Earnings Falter on Commodity Price Meltdown

    Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their earnings reports.

    Cana Woodford Basin Witnesses Removal of 3 Oil Drilling Rigs

    The count of drilling rigs exploring resources in the United States declines after increasing for two straight weeks.

    Parsley's (PE) Q4 Earnings Miss on Low Price Realizations

    Parsley's (PE) proved reserves increase 25% on a year-over-year basis to 521.7 MMBoe as of Dec 31, 2018.

    Stock Market News For Feb 20, 2019

    Benchmarks posted modest gains on Tuesday as another round of U.S.- China trade talks kickstarted in Washington this week.

    Concho (CXO) Lags Q4 Earnings Estimates, Cuts Capex View

    Concho (CXO) slashes 2019 capex by 17% from its prior guidance amid weak oil prices, in an effort to boost cash flows and focus on shareholder value maximization.