CXO News and Press, Concho Resources Inc. From 07/15/19

Alexander may have thought he was having a bad day, but it was nothing compared to what long term, buy and hold E&P investors have seemingly endured on an almost daily basis for quite a while. Several media articles have appeared recently describing the “unmitigated disaster...

Energy ( XLE +1.3% ) tops today's S&P sector standings as WTI crude oil settles at a seven-week high , +4.5% to $60.43/bbl, after U.S. crude inventories fell more than expected and major producers evacuated rigs in the Gulf of Mexico ahead of an expected tropical storm. More news ...

Plains All American Pipeline's ( PAA , PAGP ) 670K bbl/day Cactus II oil pipeline system from the Permian Basin to the Corpus Christi, Tex., area will begin line fill within a week , Reuters reports, referring to the process of filling oil in a new pipeline before commercial deliveries can...

Wonder Why I Look at Insider Buying? This is Why This week, I noted significant insider buying activity in both Marathon Petroleum (MPC) and PBF Energy (PBF). I combined those items with the acquisition of a Shell (RDS.A) (RDS.B) refinery in California by PBF to give me enough insight to get...

SAN DIEGO, CA / ACCESSWIRE / June 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who formerly held RSP Permian, Inc. (NYSE: RSPP) shares. Investors, who held shares of RSP Permian, Inc. (NYSE: RSPP) and received Concho Resources Inc. (NYSE: CX...

A year after I predicted the oil price collapse , I suggested that we were at the beginning of the end of the oil age . Both times I was told I was in wrong. In fact, I was told I was crazy. Several years later, here we are, and oil is in the midst of yet another correction. Oil stocks are...

The U.S. may now be the world's biggest crude producer, but the oil produced in the prolific Permian Basin increasingly is too light in density for domestic refiners or for exports , Reuters reports. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Resources Inc...

The following slide deck was published by Concho Resources Inc. in conjunction with this Read more ...

The Energy Select Sector SPDR ETF (NYSE: XLE ) tracks the performance of S&P 500 energy sector stocks. XLE allows investors to take a strategic or tactical exposure by isolating sector performance. Energy stocks have historically been correlated to changes in commodity prices, particularly...

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Thursday, August 1, 2019 at 8:00 AM CT (9:00 AM ET) to discuss second-quarter 2019 financial and operating results. The Company plans to announce results for the second ...