Back to top
more

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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

NA

Industry: NA

Better trading starts here.

Zacks News

Nilanjan Choudhury headshot

Here's What the EIA's Latest Crude Inventory Report Revealed

Energy companies including Equinor (EQNR), Chevron (CVX), Shell (RDS.A) and BP plc (BP) had their offshore operations hampered due to Hurricane Delta's landfall.

Nilanjan Choudhury headshot

U.S. Shale Oil Production Descent to Continue in November

The steep drop in oil prices have forced the shale fraternity to scale back drilling activity and cut their capital budgets significantly.

Mark Vickery headshot

Stocks Down 2nd Straight Day: Prime, Lilly, United Q3 & More

Market indexes closed lower for their second-straight session, following a string of four days in a row higher.

ConocoPhillips in Talks to Buy Concho: What's in Store?

ConocoPhillips (COP) and Concho Resources' total production for the second quarter is recorded at 1.3 million barrels of oil equivalent per day, per Bloomberg.

US Oil & Gas Rig Tally Increases, Permian Witnesses Rebound

Since economies are reopening, most analysts opine that the weekly rig count is likely to persistently increase.

Zacks Industry Outlook Highlights: Pioneer Natural Concho, Murphy, Laredo and SilverBow

Zacks Industry Outlook Highlights: Pioneer Natural Concho, Murphy, Laredo and SilverBow

Why Investors are Holding Continental Resources Stock Now

For full-year 2020, Continental Resources (CLR) expects to operate total net wells of 142.

Range Resources Wins Supply Deal for Planned Ethane Cracker

Range Resources (RRC) is likely to provide 15,000 barrels of ethane per day to PTTGC America LLC's proposed ethylene cracker.

CNOOC Limited (CEO) Plans to Divest Stake in Scott Platform

The sale could reportedly fetch CNOOC Limited (CEO) several hundred million dollars.

Here's Why Pioneer Natural (PXD) is an Attractive Bet Now

Pioneer Natural (PXD) has a strong balance sheet to survive the pandemic.

Here's Why Concho Resources (CXO) is Investor Favorite Now

Concho Resources (CXO) ends the second quarter with cash and cash equivalents worth $320 million, improving sequentially from $165 million.

Here's Why Hold Strategy is Apt for Enterprise (EPD) Stock Now

Enterprise (EPD) has a stable business model and is not exposed to volatility in oil and gas prices much.

Nilanjan Choudhury headshot

5 U.S. Upstream Stocks Set to Survive the Coronavirus Challenge

The Zacks Oil and Gas - Exploration and Production - United States industry has been struggling to counter the fallout from the coronavirus. But with commodity prices gradually ramping up, the likes of PXD, CXO, MUR, LPI and SBOW should start regaining some of their momentum.

Matador Reports Encouraging Initial Boros Well Results

Matador Resources (MTDR) expects to reach a milestone of being free cash flow positive in the fourth quarter.

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

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

Why Investors are Holding ConocoPhillips (COP) Stock Now

ConocoPhillips' (COP) acquisition of additional liquid-rich Montney acreage in British Columbia, Canada, from Kelt Exploration is encouraging.

CNOOC Starts Production at Liuhua 16-2/20-2 Oilfield Project

CNOOC (CEO) expects the Liuhua 16-2 oilfield/20-2 oilfield joint development project to reach peak output capacity of 72,800 barrels of oil per day in 2022.

EQT Corp. in Talks With Chevron for Assets in Appalachia

To purchase Chevron's (CVX) a stake in the Appalachian basin and a pipeline asset, EQT Corp. (EQT) has offered $750 million.

Here's Why EOG Resources (EOG) Stock is Worth Betting on Now

EOG Resources (EOG) has a strong inventory of premium drilling wells that could generate handsome returns at low oil price.

    Here's Why Equinor (EQNR) Stock is Worth Betting on Now

    Equinor (EQNR) is building up a competitive and resilient business model while aligning its goal with the Paris agreement.

    Sejuti Banerjea headshot

    These 6 Stocks Are Worth Buying on the Pullback

    September is turning out to be characteristically soft, which is opening up opportunities to buy stocks cheap.

    BP Says Oil Consumption May Never Return to Pre-Coronavirus Mark

    With the gradual shifting from fossil fuel to renewables across the globe, BP expects oil demand to at the most remain flat over the next two decades.

    Murphy Oil's (MUR) Strong Portfolio & Cost Savings Bode Well

    Murphy Oil's (MUR) focus on developing high-margin assets and cost-controlling efforts will further strengthen its operations.

    Reasons to Invest in Noble Midstream Partners (NBLX) Now

    Noble Midstream Partners' (NBLX) robust liquidity and northbound earnings estimates make it a lucrative choice at the moment.

    BP Charters Oil Storage Tanker at 2020's Lowest Daily Rate

    At a daily rate of $20,500 for three months, BP charters a very large crude carrier.