CXO News and Press, Concho Resources Inc. From 11/21/19

Co-produced with Trapping Value Today we present a macro view of the MLP sector. Many investors have been getting nervous concerning energy stocks and the market itself seems ready to sell any MLP at the slightest hint of weakness. This has caused MLP values to be compressed significan...

Crescent Point ( CPG ) announced the sale of its gas infrastructure assets for $500 million on November 14th. It is a sale-leaseback arrangement with an estimated $47 million annual impact to cash flow, implying a 10.6x sale price multiple. This compares favorably to CPG's approximately 3x E...

This article series provides a monthly dashboard of industries in each sector of the GICS classification. It compares valuation and quality factors relative to their historical averages in each industry . Executive summary Energy equipment services and oil/gas are underpriced by more th...

Without reiterating the entire intro from Part 1 , I will start off Part 2 by repeating only the last paragraph of the intro from Part 1 . Key Takeaways From Q3’19 Energy Earnings (Part 1) Times like this often leads to paralysis for investors but there are some secular shifts...

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that Will Giraud, Executive Vice President and Chief Operating Officer, is scheduled to present at the Bank of America Merrill Lynch Global Energy Conference in Miami, on Thursday, November 14, 2019 at 10:15 AM ...

Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to two million shares of C...

Image source: The Motley Fool. Concho Resources Inc   (NYSE: CXO) Q3 2019 Earnings Call Oct 30, 2019 , 9:00 a.m. ET Operator Continue reading

Concho Resources (NYSE: CXO) stumbled badly in the second quarter, which caused its stock to plunge earlier this year. However, the energy company seems to have quickly straightened things out. That was one of the key takeaways from the Permian Basin-focused oil producer's third-quarter ...

Concho Resources Inc. (CXO) Q3 2019 Earnings Conference Call October 30, 2019, 09:00 AM ET Company Participants Megan Hays - VP, IR & Public Affairs Tim Leach - Chairman & CEO Jack Harper - President Will Giraud - COO Conference Call Participants John Freeman - Ra...

Concho Resources ( CXO +2.7% ) says it would consider moving rigs from New Mexico to Texas if the U.S. elects a president who favors a fracking ban on federal lands. More news on: Concho Resources Inc., Energy stocks news, Stocks on the move, Read more ...