|Bid||107.10 x 2000|
|Ask||140.00 x 400|
|Day's Range||131.62 - 134.38|
|52 Week Range||106.73 - 147.55|
|PE Ratio (TTM)||30.56|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Concho Resources' (CXO) current implied volatility is ~28.5%. In comparison, Oasis Petroleum (OAS) and Whiting Petroleum (WLL) have high implied volatilities of ~58% and 63%, respectively.
Approximately 50% of analysts covering Concho Resources (CXO) rated the stock as a “buy,” ~30% of the analysts rated it as a “strong buy,” and the remaining ~20% rated it as a “hold.”
The Zacks Analyst Blog Highlights: Gulfport Energy, Concho Resources, National Oilwell Varco, Suncor Energy and Halliburton
On October 13, 2017, the short interest ratio for Whiting Petroleum (WLL) stock was ~19.5%. At the beginning of the year, it was ~12.6%.
Devon Energy, Concho Resources, and Diamondback Energy have enviable positions in America’s best shale plays, which could fuel steady growth for years to come.
Energy has had a difficult year, with the Energy Select Sector SPDR (XLE) down more than 9% and the SPDR S&P Oil & Gas Exploration & Production (XOP) off double digits. Jefferies' Mark Lear and his team recently initiated coverage of a number of exploration and production companies, and their favorites are Concho Resources (CXO), Diamondback Energy (FANG), RSP Permian (RSPP), Callon Petroleum (CPE), and, for gas exposure, Consol (CNX). Lear writes that energy investors have had a rough go lately, as OPEC's supply reduction has been offset by higher U.S. production growth, and inventories remain high despite strong demand.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Concho Resources, Inc. Here are 5 ETFs with the largest exposure to CXO-US. Comparing the performance and risk of Concho Resources, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Concho Resources (CXO) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
On October 6, 2017, the short interest ratio (short interest as a percentage of float) for Whiting Petroleum (WLL) stock was ~23.7%.
Announcement: Moody's: Covenant quality of high-yield bonds from North American oil and gas sector weakens in wake of energy-sector downgrades. Global Credit Research- 10 Oct 2017. New York, October 10, ...
Whiting Petroleum’s (WLL) current implied volatility is ~63.0%, which is ~1.2% lower than its 15-day average of ~63.7%.
Shares of Apache (APA) fell to the bottom of the S&P 500 today after the oil and natural gas explorer said its 2017 drilling budget is on track to exceed cash flow by $1 billion, with another shortfall possible next year. The Houston-based driller is putting big bucks to work to develop Alpine High, the oil and gas field in West Texas it discovered last year. In all, it expects to spend $3.1 billion on its 2017 capital budget and a like amount in 2018, according to a presentation on the company’s web site.
The SPDR S&P Oil & Gas Exploration & Production (XOP) has had a tough year, falling nearly 18%, but Jefferies' Mark Lear and his team don't think that investors should lead the whole sector for dead. As for specific stocks, he upgraded Concho Resources (CXO) and Devon Energy (DVN) to Buy from Hold, with price targets of $159 and $43, respectively. From his note: While the Midland piece is arguably the more understood resource for most operators, CXO has historically focused more on the Delaware side of the Permian, and only recently has shifted a significant amount of rigs to the Midland.
On September 29, the short interest ratio for Whiting Petroleum (WLL) stock was ~23.7%, compared with its short interest ratio of ~12.6% in January 2017.
Whiting Petroleum’s (WLL) current implied volatility is ~64%, which is 2.5% higher than its 15-day average of ~62.4%.
Whiting Petroleum’s (WLL) current implied volatility is ~65%, which is ~5.1% lower than its 15-day average of ~62.2%.