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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

The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore

The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore

    5 Oil Stock Earnings Set to Double in Q1

    We have zeroed in on a few oil stocks that have the potential to post a substantial increase in first quarter 2017 earnings from the year-ago comparable quarter.

      Earthstone Energy (ESTE) Shows Strength: Stock Up 9.4%

      Earthstone Energy, Inc. (ESTE) shares rose above 9% in the last trading session.

        Zacks Industry Outlook Highlights: Pioneer Natural Resources, RSP Permian, Concho Resources, TransCanada and Energy Transfer Partners

        Zacks Industry Outlook Highlights: Pioneer Natural Resources, RSP Permian, Concho Resources, TransCanada and Energy Transfer Partners

          Why Concho Resources (CXO) Could Be a Potential Winner

          Concho Resources (CXO) sees solid estimate revisions, but seems to be overlooked by the investors.

            Nilanjan Choudhury headshot

            Energy's Back, and These Stocks Are Going to Excel

            While oil & gas commodities may not be at levels many thought they would be at the end of the year, even at today's prices certain companies are in a position to earn profits.

              Why Is Concho Resources (CXO) Down 4.1% Since the Last Earnings Report?

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

                Nilanjan Choudhury headshot

                Initiating Coverage on Concho Resources: Permian Pure-Play

                On Mar 17, we initiated coverage on Midland, TX-based independent oil and gas explorer, Concho Resources Inc. (CXO).

                  Is Concho Resources (CXO) Stock a Solid Choice Right Now?

                  Concho Resources (CXO) looks like an interesting choice for investors, as it is seeing solid estimate revisions and belongs to a great industry.

                    Why Concho Resources (CXO) Could Shock the Market Soon

                    One company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Concho Resources Inc. (CXO).

                      Noble Energy (NBL) Posts Earnings in Q4, Misses on Revenues

                      Noble Energy, Inc. (NBL) reported adjusted earnings of 26 cents per share for the fourth quarter of 2016 against the Zacks Consensus Estimate of a loss of 9 cents.

                        Cloud Peak (CLD) Q4 Earnings: What's in Store for the Stock?

                        Cloud Peak Energy Inc. (CLD) is slated to release fourth-quarter 2016 financial results on Feb 15 after the market closes.

                          What's in Store for Noble Energy (NBL) This Earnings Season?

                          Noble Energy, Inc. (NBL) is scheduled to report fourth-quarter 2016 results on Feb 14, before market open.

                            What's in Store for Devon Energy (DVN) in Q4 Earnings?

                            Devon Energy Corporation (DVN) will release fourth-quarter 2016 financial results on Feb 14 after the market closes.

                              What Awaits Occidental Petroleum (OXY) This Earnings Season?

                              Our proven model does not conclusively show that Occidental Petroleum (OXY) is likely to beat estimates this quarter.

                                Plains All American Reveals Buyout & Sale Plans, Offers View

                                Plains All American Pipeline, L.P. (PAA) has made a string of announcements which include the acquisition of a Permian Basin crude oil gathering system, divestiture of non-core assets and the issuance of an outlook.

                                  U.S. Rig Count Increases for 8th Consecutive Week

                                  U.S. crude plays witnessed an increase in rig count from the prior week, marking the eighth consecutive weekly rig count increase.

                                    Will a Higher Rig Count Reverse the Current Crude Rally?

                                    If U.S. oil production surpasses the production cut of both OPEC and non-OPEC players then crude could go down.

                                      Concho Resources (CXO) Sees Hammer Chart Pattern: Time to Buy?

                                      Concho Resources Inc. (CXO) has been struggling lately, but the selling pressure may be coming to an end soon

                                        Oil Rigs in US Rise to the Highest Mark in One Year

                                        U.S. players have already started gathering in oil plays as evident by the fact that these have witnessed the maximum number of oil rigs since Dec 31, 2015.

                                          Concho Resources (CXO): Strong Industry, Solid Earnings Estimate Revisions

                                          Concho Resources (CXO) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.

                                            The Zacks Analyst Blog Highlights: Baker Hughes, Concho Resources, Devon Energy, Marathon Oil and Chesapeake Energy

                                            The Zacks Analyst Blog Highlights: Baker Hughes, Concho Resources, Devon Energy, Marathon Oil and Chesapeake Energy

                                              The Zacks Analyst Blog Highlights: Diamondback Energy, Concho Resources, Newfield Exploration, SM Energy and Matador Resources

                                              The Zacks Analyst Blog Highlights: Diamondback Energy, Concho Resources, Newfield Exploration, SM Energy and Matador Resources

                                                New Strong Buy Stocks for August 3rd

                                                Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Wednesday