Concho Resources, Inc.
NYSE: CXO
$65.60
-$4.20 (-6.0%)
Closing Price on January 15, 2021
CXO Articles
These three outstanding companies continue to be favorites across Wall Street. All are participating in the basin many think is the best in the country, and all are extremely well run.
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In a note published Wednesday, Nomura Securities energy analysts lowered their estimate of second-quarter net losses by 35 exploration and production companies.
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In a new research report, Merrill Lynch says the region that is best prepared to return to growth given current productivity gains is the Permian Basin in West Texas.
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As the price for a barrel of crude oil continues to threaten $50, exploration and production companies remain unconvinced that it will rise beyond that level and stay there long enough to inspire...
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One of the reasons it has taken well over a year to slow U.S. onshore crude oil production is that producers are drilling more wells in locations where they are almost sure to get the highest...
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Tuesday’s top analyst upgrades, downgrades and initiations include AT&T, Capital One, Cisco, Novartis, Sprint and Starbucks.
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Many factors are causing the seesaw movement in oil, and some companies, while cautious near term, see oil hitting $50 by the end of the year.
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Deutsche Bank says that while there are a few red flags that suggest caution, $40 a barrel oil never looked so good and the near-term momentum looks to be positive.
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A new report from IHS concludes that in addition to the capex cuts already estimated for 2016, oil companies need to slash another 30% of the total.
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With fourth-quarter results reasonably good, Deutsche Bank is raising price targets on some top oil exploration and production stocks.
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In a new research report, SunTrust Robinson Humphrey is very bullish on the top Permian Basin plays, and one of the companies in the area is the firm's new top pick.
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Small and midsize oil and gas producers are expected to reduce production by about 1% year over year in the fourth quarter of 2015.
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Tuesday’s top analyst upgrades, downgrades and initiations include CBS, Cisco, Comerica, Twitter, FedEx, Illumina, Linn Energy and NuVasive.
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Investors and analysts have been talking about consolidation in the oil patch ever since the beginning of this year, but not many companies have stepped up to the plate.
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In a new report, Stifel takes a stand and advises investors to not wait for a perceived bottom in oil to start buying the top stocks in the sector.
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