CXO News and Press, Concho Resources Inc. From 07/31/19

Concho Resources (NYSE: CXO ): Q2 Non-GAAP EPS of $0.69 misses by $0.03 . More news on: Concho Resources Inc., Earnings news and commentary, Energy stocks news, Read more ...

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for second-quarter 2019. Second-Quarter 2019 Highlights Exceeded second-quarter guidance with production of 329 MBoepd. Delivered strong e...

Concho is contributing water infrastructure assets to Solaris Water in exchange for cash and equity. Solaris Water will manage Concho's produced water gathering, transportation, disposal and recycling for an approximately 1.6 million-acre area located primarily in Eddy County, New Mexi...

We'll see how many people show up here who are either dyslexic or not paying attention; I'm thinking this is about POT producers, not TOP producers! Actually, I think the title for this came to me when I was sleeping, which tells me I must not be getting enough R.E.M. sleep. For those not ...

Concho Resources (NYSE: CXO ) is scheduled to announce Q2 earnings results on Wednesday, July 31st, after market close. The consensus EPS Estimate is $0.72 (-41.9% Y/Y) and the consensus Revenue Estimate is $1.11B (+17.5% Y/Y). Over the last 2 years, cxo has beaten EPS estimates 75% ...

"A 60:40 allocation to passive long-only equities and bonds has been a great proposition for the last 35 years …We are profoundly worried that this could be a risky allocation over the next 10." - Sanford C. Bernstein & Company Analysts (January 2017) "Bull markets are born...

The Permian Basin is one of Chevron's ( CVX ) primary growth areas, and the company has nearly doubled its resource base there in the last two years, to 16.2 billion barrels of oil equivalent ((BOE)). It successfully increased Permian oil production 34% in 2018 over 2017. Oil represents 52% ...

The Oakmark Select Fund returned 4.5% for the quarter, modestly ahead of the S&P 500 Index's 4.3% return. Year to date, the Fund has returned 18.6% again, just ahead of the S&P 500's 18.5% return. Oakmark Select Fund - Investor Class Average Annual Total Returns (06/30/19) Since ...

The Oakmark Fund (OAKMX) increased 3.2% for the second quarter of 2019, which lagged slightly behind the 4.3% gain for the S&P 500, the Fund's benchmark. The Fund benefited from Occidental Petroleum's (OXY) acquisition offer for Anadarko Petroleum (APC) and we sold our Anadarko holding fol...

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...