HONG KONG--(Marketwire -05/22/12)- Today, www.EquityLeader.com introduced research coverage of Comstock Resources Inc (CRK) and Concho Resources Inc. (CXO). Full research reports are available to readers at: www.EquityLeader.com/index.php?sm1=CRK&sm2=CXO.
Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth likely to pick up through the coming year. However, there are several important caveats to note as the world economy continues to face headwinds and risks weigh to the downside. Positive outlooks are conditional on fiscal policy in payroll taxes and unemployment insurance benefits and upon the easing of the European debt situation. A repeat of volatility experience in 2011 is likely in 2012, as perceptions about the strength of the U.S. economy and the euro zone will vary over time as events unfold.
Despite the current situation, our team continues to identify high momentum situations with growth potential -- there remains strong opportunity within careful discretion.
Equity Leader has decided to cover Comstock Resources Inc for its current position within the basic materials industry. Comstock Resources Inc (Comstock) is engaged in the acquisition, development, production and exploration of oil and natural gas. The Company's oil and gas operations are concentrated in East Texas/North Louisiana, South Texas and West Texas. The Company's consolidated proved oil and natural gas reserve base is 85% natural gas and 15% crude oil. A copy of this report detailing Comstock Resources Inc (CRK) is available at: www.EquityLeader.com/index.php?sm1=CRK.
Equity Leader is also taking note of Concho Resources Inc. for its changing role within the basic materials industry. Concho Resources Inc. (Concho) is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. Concho's core operating areas are located in the Permian Basin region of Southeast New Mexico and West Texas, an onshore oil and natural gas basin in the United States. To download free research on Concho Resources Inc. (CXO) investors may visit: www.EquityLeader.com/index.php?sm2=CXO.
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