CXO - Concho Resources Inc.
| Previous Close | 142.93 |
| Open | 144.19 |
| Bid | 0.00 x 1000 |
| Ask | 143.50 x 800 |
| Day's Range | 142.27 - 145.03 |
| 52 Week Range | 123.63 - 163.11 |
| Volume | 4,494,081 |
| Avg. Volume | 2,137,806 |
| Market Cap | 28.457B |
| Beta | 1.45 |
| PE Ratio (TTM) | 18.98 |
| EPS (TTM) | 7.53 |
| Earnings Date | Oct 29, 2018 - Nov 2, 2018 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 180.59 |
Market Realist•20 hours agoAnalyzing Marathon Oil’s Technical Indicators
Recently, Marathon Oil (MRO) went above its short-term (50-day) moving average, which indicates bullish sentiment in the company. Marathon Oil was trading 4.5% above its 50-day simple moving average and 15.3% above its 200-day simple moving average as of September 18. In comparison, Apache (APA) and Murphy Oil (MUR) were trading 11.0% and 4.2% above their 200-day simple moving averages, while Concho Resources (CXO) was trading 1.0% below its 200-day simple moving average.
- Market Realist•5 days ago
Which Oil ETFs Outperformed Oil Last Week?
Between September 7 and 14, the United States Oil ETF (USO) rose 1.5%, the United States 12-Month Oil ETF (USL) rose 2.3%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 3%. These ETFs track US crude oil futures.
Market Realist•5 days agoOil Might Finish Just above $70 Next Week
On September 13, US crude oil’s implied volatility was 25.4%, which is ~9% above its 15-day average. The inverse relationship between oil prices and oil’s implied volatility is illustrated in the following graph. Since reaching a 12-year low in February 2016, US crude oil active futures have risen 161.7%. Crude oil’s implied volatility has fallen ~66.2% since February 11, 2016.
- Market Realist•9 days ago
Is Oil Boosting Oil-Weighted Stocks?
Between September 5 and September 12, our list of oil-weighted stocks rose just 0.1% compared to the 2.4% rise in US crude oil October futures.
Market Realist•9 days agoUS Crude Oil Above $70: Chasing the Right Oil-Weighted Stocks
On September 12, US crude oil October futures rose 1.6% and closed at $70.37 per barrel—the highest closing level for active US crude oil futures since July 20. In the last trading session, the S&P 500 Index (SPY) was unchanged, while the Dow Jones Industrial Average Index (DIA) rose 0.1%.
- Zacks•9 days ago
Oil Prices Rally Above $70 a Barrel: Buy These 3 E&P Stocks
With crude prices picking up steam, this is the perfect time to indulge in some energy stocks to make sure your portfolio is perfectly oiled up!
- Reuters•9 days ago
U.S. oil producers lock-in 2019, 2020 revenue as prices rally
U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows. "Hedging activity has picked up considerably over recent weeks and this will continue to be the case as producers begin to frame budgets for next year," said Michael Tran, commodity strategist at RBC Capital Markets, noting the rally in forward prices are encouraging the producer bets. Hedging can reduce risks associated with volatility in oil prices, acting as an insurance contract to lock in a future selling price and fix spending plans.
- Investing.com•11 days ago
Stocks - Activision Jumps Midday on ‘Call of Duty’ Enthusiasm
Investing.com - Stocks in the video game sector were active in midday trading, while energy stocks rose.
- Simply Wall St.•12 days ago
How Did Concho Resources Inc’s (NYSE:CXO) 11.4% ROE Fare Against The Industry?
I am writing today to help inform people who are new to the stock market and want to learn about Return on Equity using a real-life example. Concho Resources Inc’sRead More...
- MarketWatch•14 days ago
U.S. stocks, including Micron and Seagate, are getting cheaper as indices climb to record highs
DEEP DIVE If you ignore the daily warnings that the bull market in U.S. stocks is going to end, and instead look at valuations, you can see something remarkable happening: Stock prices have risen considerably, but price-to-earning valuations have fallen.
- Zacks•21 days ago
Why Is Concho Resources (CXO) Down 2.4% 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.
Market Realist•22 days agoPioneer Natural Resources Is the Fifth Least Volatile E&P Stock
Pioneer Natural Resources (PXD), an E&P (exploration and production) company with the majority of its operations in Texas, is in fifth place in terms of least volatile E&P stocks. PXD’s 200-day volatility was 27.5% as of August 29. PXD peers Diamondback Energy (FANG) and Concho Resources (CXO) have a 200-day volatility of 37.1% and 33.0%, respectively. PXD’s lower volatility could be attributed to the company’s strong hedging program and a strong financial position. The company has hedged ~85% of its total Permian acreage in 2018. ...
- Motley Fool•24 days ago
Better Permian Basin Oil Stock: Concho Resources Inc vs. Diamondback Energy Inc
While these two fast-growing oil companies both completed needle-moving deals this year, a key difference in how they plan to allocate their oil-fueled cash flows sets one of these oil stocks apart.
Market Realist•29 days agoWall Street Analysts’ Ratings after the Diamondback–Energen Deal
The Diamondback Energy (FANG)–Energen Corporation (EGN) deal announcement received a mixed reaction from Wall Street analysts. The company saw one rating downgrade, several target price increases, and several target cuts. BMO Capital Markets lowered Diamondback Energy (FANG) to “market perform,” which is equivalent to “hold,” from outperform, which is equivalent to “buy.”
Market Realist•29 days agoWhy Diamondback Energy Plunged after the Deal Announcement
Diamondback Energy (FANG) stock saw a massive correction following the announcement of the merger deal with Energen Corporation (EGN). FANG lost 12.0% in a single trading session following the announcement, eroding all its YTD (year-to-date) gains. Overall, FANG is down 8.3% since the deal announcement.
Market Realist•last monthDiamondback Energy’s Pro Forma Permian Production versus Peers
Before the announcement of its Energen Corporation (EGN) deal, Diamondback Energy (FANG) was the third-largest E&P player in terms of average daily production in the Permian Basin. It would continue to be the third-largest player in the Permian Basin, but the gap between the first two players and Diamondback Energy would decrease considerably following the completion of the merger.
Market Realist•last monthDiamondback Energy Set to Become a Large-Cap Permian Player
There has been speculation that US E&P (exploration & production) companies have started reducing their focus on the Permian region due to the significant widening of the WTI (West Texas Intermediate) spreads resulting from pipeline constraints in the region.
GuruFocus.com•last monthThe Top 5 Buys of T. Boone Pickens' BP Capital
BP Capital Fund Advisors, the hedge fund of legendary oil tycoon T Boone Pickens (Trades, Portfolio), released its second-quarter portfolio this week, listing 10 new positions. Warning! GuruFocus has detected 5 Warning Signs with ETE. Citing poor health and deteriorating returns, Pickens announced in a letter earlier this year that he was shutting down his hedge fund and transitioning it to a family office.
- Zacks•last month
Shale Earnings Analysis: Winners and Losers From Q2
Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their earnings reports.
- Thomson Reuters StreetEvents•last month
Edited Transcript of CXO earnings conference call or presentation 2-Aug-18 1:00pm GMT
Q2 2018 Concho Resources Inc Earnings Call
- Investopedia•last month
6 Growth Stocks For A Slowing Economy
The U.S. economy is enjoying fast growth, but headwinds are building in the form of tariffs, trade tensions and other negative forces. Goldman Sachs projects that "real GDP growth will average 2.6% in 2019, decelerating from 2.9% this year," adding that, "in this environment, investors should favor stocks with the fastest sales growth," per their latest U.S. Weekly Kickstart report. Accordingly, Goldman recommends a basket of 50 stocks whose forecasted sales growth rates, based on consensus estimates, are significantly above that of the median stock in the S&P 500 Index (SPX). Among the fastest growers in Goldman's basket are Concho Resources Inc. ( CXO), Autodesk Inc. ( ADSK), Cabot Oil & Gas Corp. ( COG), Align Technology Inc. ( ALGN), Facebook Inc. ( FB) and Netflix Inc. ( NFLX).
- Market Realist•last month
Analyzing Oil-Weighted Stocks and Oil Prices
On August 1–8, our list of oil-weighted stocks fell 0.7%, while US crude oil September futures fell 1.1%. On average, our list of oil-weighted stocks outperformed US crude oil prices.
- Zacks•last month
The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum
The Zacks Analyst Blog Highlights: BP, Apache, Concho Resources, Petrobras and Marathon Petroleum
Motley Fool•2 months agoConcho Resources Inc. (CXO) Q2 2018 Earnings Conference Call Transcript
CXO earnings call for the period ending June 30, 2018.
Yahoo Finance Video•24 days agoMARKETS: Crude oil is knocking on $70 a barrel and could go much higher
From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Dion Rabouin to discuss the latest market moves.
