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Concho Resources Inc. (CXO)

(Delayed Data from NYSE)

$109.49 USD

+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
1	Strong Buy	24.10%
2	Buy	17.80%
3	Hold	9.50%
4	Sell	2.70%
5	Strong Sell	2.70%
S&P	500	11.20%

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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:

Industry: NA

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Zacks News

Concho (CXO) Q2 Earnings Beat Estimates, Revenues Miss Mark

by Zacks Equity Research Published on July 30,2020

As part of its efforts to reduce costs and boost margins, Concho (CXO) succeeds in trimming its controllable expenses by 25% year over year to $7.49 per Boe in Q2.

Concho Resources (CXO) Q2 Earnings Surpass Estimates

by Zacks Equity Research Published on July 29,2020

Concho Resources (CXO) delivered earnings and revenue surprises of 242.42% and -44.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

CXOPositive Net Change

4 Oil & Gas Earnings to Watch on Jul 29: FTI, CXO, APA & HES

by Nilanjan Choudhury Published on July 28,2020

Lower oil and gas prices are expected to have hurt hurt Q2 earnings of energy companies.

What's in the Offing for Concho Resources (CXO) Q2 Earnings?

by Zacks Equity Research Published on July 24,2020

Concho Resources' (CXO) two chief areas of interest, such as output growth and oil price realizations (including derivatives) are inducing pessimism for its second-quarter earnings report.

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

by Zacks Equity Research Published on July 22,2020

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.

CXOPositive Net Change

Fracking Bust: U.S. Shale Oil Production is Going Lower

by Nilanjan Choudhury Published on July 16,2020

There was always a concern that the frenzied activity out of the shale region was economically unsustainable in the long term given the massive capital burn, depressed returns and huge debts.

The Oil Market is in the Middle of a Tug-of-War: Here's Why

by Nilanjan Choudhury Published on July 09,2020

Over the past few weeks, large but opposing forces have kept WTI hovering around $40 per barrel.

5 Battered Stocks to Keep on Radar Amid Coronavirus Sell-Off

by Aniruddha Ganguly Published on July 08,2020

Here we discuss five stocks, which have lost significant worth so far this year but show great potential to bounce back.

Oil Market at a Crossroads: Will It Break Out or Break Down?

by Nilanjan Choudhury Published on July 02,2020

While retreating from last week's all time highs, current domestic stocks, at 533.5 million barrels, is still 13.9% above the year-ago figure and 15% over the five-year average.

Concho Resources (CXO) Upgraded to Buy: What Does It Mean for the Stock?

by Zacks Equity Research Published on July 01,2020

Concho Resources (CXO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

CXOPositive Net Change

Oil Wraps Up Best Quarter Since 1990: Where's it Headed Next?

by Nilanjan Choudhury Published on July 01,2020

The stunning rally follows an unprecedented decline in April when WTI crude futures fell to an all-time low and even went negative for a while.

Here's Why You Should Hold on to Callon Petroleum (CPE) Now

by Zacks Equity Research Published on June 25,2020

Callon Petroleum (CPE) expects to have an inventory of 70 drilled, uncompleted wells by second quarter-end, which is set to pave the way for capital-efficient production addition.

oil-energy

Dril-Quip & Proserv to Boost Subsea Control System Offerings

by Zacks Equity Research Published on June 25,2020

Dril-Quip (DRQ) can offer subsea trees, while Proserv can provide subsea controls to clients through the joint marketing system.

oil-energy

What to Make of Yesterday's Dramatic Drop in Oil Prices

by Nilanjan Choudhury Published on June 25,2020

U.S. oil prices fell nearly 6% on Wednesday after the EIA said crude stocks rose unexpectedly to a new all-time high.

Here's Why You Should Hold on to W&T Offshore (WTI) Now

by Zacks Equity Research Published on June 24,2020

W&T Offshore's (WTI) improving balance sheet strength amid current market volatility is commendable.

Eni (E) Plans to Exit Pakistan Through Huge Asset Divestment

by Zacks Equity Research Published on June 22,2020

Eni (E) produces 37 billion cubic feet of natural gas annually in Pakistan.

oil-energy

Continental to Gradually Revive Output as Oil Price Improves

by Zacks Equity Research Published on June 19,2020

For the second quarter, Continental Resources' (CLR) production is estimated in the range of 200,000-205,000 Boe/d.

Here's Why You Should Hold on to Centennial Resource Now

by Zacks Equity Research Published on June 18,2020

Centennial Resource Development's (CDEV) efforts to reduce debt and improve balance sheet strength amid the current market volatility are commendable.