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

NA

Industry: NA

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Zacks News

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PBF Energy's (PBF) diversified asset base with complex refining systems is likely to help the company grow in the coming quarters.

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Why Oil Prices Keep Rising When Supplies Are at Record Highs?

U.S. oil prices rose to a three-month high, shrugging off a surprisingly large addition to crude stockpiles that took it to record levels.

Devon (DVN) Rides on Investments, Returns From Oil-Rich Basins

Devon Energy (DVN) is set to benefit from steady capital investments and its focus on four oil-rich U.S. basins.

The Zacks Analyst Blog Highlights: EOG Resources, Parsley Energy, Concho Resources, Exxon Mobil and Devon Energy

The Zacks Analyst Blog Highlights: EOG Resources, Parsley Energy, Concho Resources, Exxon Mobil and Devon Energy

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5 Things to Know About the OPEC+ Production Cut Extension

The producer group decided against tapering the existing curbs, which has lifted a barrel of crude from the depths of subzero prices to around $40 now.

The Zacks Analyst Blog Highlights: Diamondback Energy, Concho Resources, Pioneer Natural Resources, Valero Energy and Marathon Petroleum

The Zacks Analyst Blog Highlights: Diamondback Energy, Concho Resources, Pioneer Natural Resources, Valero Energy and Marathon Petroleum

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Oil Price Spurt Makes These 3 Shale Explorers Worth Buying

Recovering crude prices will boost cashflow of exploration and production companies.

Can Concho Resources (CXO) Run Higher on Rising Earnings Estimates?

Concho Resources (CXO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

HollyFrontier's Cheyenne Refinery to Adapt to Diesel Unit

HollyFrontier (HFC) projects its capex view in the $525-$625 million band, of which its refining unit is expected to spend between $202 million and $221 million.

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Crude Closes in on $40: Will OPEC Outcome Keep it There?

Looking forward, all eyes are focused on the outcome of the OPEC+ virtual meeting, which will discuss the group's oil supply management policy.

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4 Key Factors That Could Kill the Upside Momentum for Oil

Oil prices have staged a remarkable comeback after falling into a deep abyss in April.

Why Concho Resources (CXO) Stock Might be a Great Pick

Concho Resources (CXO) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

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Oil Up 88% in May: What Fueled Crude's Record-Setting Month?

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.

Why Is Concho Resources (CXO) Down 3.9% Since 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.

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Will Rising U.S. Stockpiles Disrupt Crude's Bullish Trend?

Weekly figures show output has dropped to 11.4 million barrels per day, since reaching 13.1 million in the second week of March.

CXO or EOG: Which Is the Better Value Stock Right Now?

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

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Oil & Gas US E&P Industry Rebounding Off Coronavirus Lows

It seems that crude's worst losses are in the rear view mirror with signs of gradual rebalancing.

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U.S. Shale Oil Q1 Earnings Are All In: Here's How They Did

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

Marathon Oil (MRO) Incurs Wider-Than-Expected Loss in Q1

Marathon Oil's (MRO) U.S. production costs summed $4.63 per BOE, 11.1% lower year over year and the lowest since the company became a standalone E&P entity.

Stock Market News for May 1, 2020

Wall Street closed lower on Thursday following disappointing economic data.

Concho (CXO) Reports In Line Q1 Earnings, Slashes Capex

Concho Resources (CXO) expects 2020 volumes to remain flat year over year as it looks to complete 110 to 130 gross wells for the remainder of this year while working with an average of eight rigs.

Concho Resources (CXO) Q1 Earnings Match Estimates

Concho Resources (CXO) delivered earnings and revenue surprises of 0.00% and -16.46%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Oil & Gas Stock Q1 Earnings Roster for Apr 30: LNG, CXO & More

Pricing woes do not always determine the loss of potential for all energy scrips. Rather, the bottom-line beat ratios suggest impressive numbers this earnings season.

Why Earnings Season Could Be Great for Concho Resources (CXO)

Concho Resources (CXO) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

What's in the Cards for Enviva Partners' (EVA) Q1 Earnings?

Enviva Partners' (EVA) contract backlog during the first quarter is likely to have expanded with continued growth in global demand for biomass across Europe and Asia.