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home / news releases / CXO - Concho Resources Is Just Misunderstood


CXO - Concho Resources Is Just Misunderstood

Concho Resources (CXO) is one of the top E&Ps in North America, but has seen a recent setback with a less-than-thrilling Q2 earnings report and a crude oil price environment that hasn't been enough to provide investors with incremental reasons to buy. With oil fundamentals shifting more positive in the last few weeks, and with Concho having a solid plan to grow free cash flow in the coming quarters, I'm confident this stock will deliver for shareholders and serves as a core buy in the E&P industry. The recent drop post earnings creates

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Stock Information

Company Name: Concho Resources Inc.
Stock Symbol: CXO
Market: NYSE
Website: concho.com

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