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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

Louisiana Witnesses Addition of 1 Offshore & 3 Land Rigs

The number rigs exploring resources in the United States increases for two weeks in a row.

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Is a Beat in Store for Sunoco (SUN) This Earnings Season?

Sunoco's (SUN) array of fuel distribution and terminal acquisitions are expected to be highly accretive to its distributable cash flows.

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Key Factors Likely to Shape Archrock's (AROC) Q4 Earnings

In Q4, Archrock (AROC) is expected to gain from strong fundamentals of natural gas compression business. Yet, rising capital expenditure remains a concern.

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Twin Acquisitions to Fuel Diamondback (FANG) Q4 Earnings

Diamondback Energy's (FANG) twin acquisitions of Energen Corporation and Ajax Resources should ensure high-octane production growth in Q4.

Evergy (EVRG) to Report Q4 Earnings: What's in the Offing?

Evergy (EVRG) is unlikely to beat earnings estimates when it reports fourth-quarter results on Feb 21.

WPX Energy (WPX) to Report Q4 Earnings: What's in the Cards?

WPX Energy (WPX) is likely to beat earnings estimates when it reports fourth-quarter results on Feb 20.

Nilanjan Choudhury headshot

Production Growth to Aid Concho Resources (CXO) Q4 Earnings

In Q4, Concho Resources (CXO) is expected to gain from increase in production and higher oil price realization.

Factors Setting the Tone for Transocean's (RIG) Q4 Earnings

While higher year-over-year revenue estimates seem encouraging, increasing costs remain a concern for Transocean (RIG).

Concho Resources (CXO) Reports Next Week: Wall Street Expects Earnings Growth

Concho Resources (CXO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Factors to Know Ahead of PBF Energy's (PBF) Q4 Earnings

PBF Energy's (PBF) fourth-quarter earnings are expected to witness a year-over-year uptick, thanks to higher gross refining margin.

Key Factors to Know Ahead of Enbridge's (ENB) Q4 Earnings

Enbridge's (ENB) fourth-quarter results are expected to witness a year-over-year uptick, thanks to C$20 billion worth of growth developments that came online in 2017 and 2018.

Ardmore Woodford & Eagle Ford Add 2 Oil Drilling Rigs Each

The number of rigs exploring US resources increases after the tally fell by 14 through the week ended Feb 1.

Nilanjan Choudhury headshot

5 Oil & Gas Stocks Poised to Beat Earnings Estimates in Q4

The energy sector is poised to record the highest growth among all sectors in the fourth quarter.

Can TransCanada (TRP) Keep Earnings Streak Alive in Q4?

Increasing volumes from NGTL, Columbia Gas, Grand Rapids, Northern Courier and Keystone pipeline projects are likely to drive revenues and EBITDA margins of TransCanada (TRP) in Q4.

U.S. E&P Segment to Buoy Marathon Oil's (MRO) Q4 Earnings

Driven by key low cost-high margin U.S. resource shales like Permian, Eagle Ford and Bakken, Marathon Oil (MRO) forecasts 30-34% annual growth in 2018 production.

Pioneer Natural (PXD) to Report Q4 Earnings: What's in Store?

Higher projected production and oil price will support Pioneer Natural's (PXD) Q4 earnings.

Nilanjan Choudhury headshot

Transco Expansion Projects to Aid Williams (WMB) Q4 Earnings

In Q4, The Williams Companies (WMB) is expected to gain from additional volumes from the expansion projects around its core Transco pipeline system.

Will Concho Resources (CXO) Beat Estimates Again in Its Next Earnings Report?

Concho Resources (CXO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Permian & Granite Wash Witness Fall in Oil Drilling Rig Count

The count of rigs exploring oil in the United States declines in four of the last five weeks.

Mark Vickery headshot

Top Stock Reports for Apple, PNC Financial & Twitter

Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), PNC Financial (PNC) and Twitter (TWTR).

Permian & Granite Wash Witness Fall in Oil Drilling Rig Count

The fall in count for oil drilling rigs marks the steepest decline in any week since February 2016.

Pennsylvania Adds 2 Land Rigs, Oklahoma's Count Falls By 4

The count of rigs drilling for oil in the US declines for two weeks in a row.

U.S. Rig Count Increases for the Fourth Consecutive Month

In the United States, the total number of rigs increases from the previous month, owing to a higher number of offshore rigs.

California Witnesses Removal of 5 Onshore Drilling Rigs

The count of rigs exploring in the U.S. resources declines in five of the past seven weeks.

The Zacks Analyst Blog Highlights: Chevron, Diamondback, Concho and Parsley

The Zacks Analyst Blog Highlights: Chevron, Diamondback, Concho and Parsley