CXO News and Press, Concho Resources Inc. From 03/19/20

Texas regulators are considering curtailing oil production for the first time since the 1970s, WSJ reports. More news on: Chevron Corporation, Occidental Petroleum Corporation, Concho Resources Inc., Energy stocks news, Read more ...

Crude oil marks another finish at four-year lows , and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share. More news on: The United States Oil ETF, LP, Noble Energy, Inc., SM Energy Company, Energy stocks news, Commo...

Concho Resources (NYSE: CXO ) says it is reducing its 2020 capital program to ~$2B from its previous spending plan for $2.6B-$2.8B, a ~25% cut at the midpoint. More news on: Concho Resources Inc., Energy stocks news, Read more ...

This article is first in a series that provides an ongoing analysis of the changes made to Harris Associates' 13F stock portfolio on a quarterly basis. It is based on Harris Associates’ regulatory 13F Form filed on 02/14/2020. William Nygren’s 13F portfolio value increased ~10%...

Within the context of a dynamic environment and a substantial decrease in oil and natural gas prices, Concho Resources Inc. (NYSE: CXO) is prioritizing its strong balance sheet and capital returns to shareholders. The Company has reduced its 2020 capital program to approximately $2 billion ...

Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...

The S&P 500 energy sector ( XLE -10.7% ) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Plains All American Pipeline, L.P., Energy stocks news, Stocks ...

At the beginning of this week, I wrote about Russia's reasons for abandoning the OPEC deal in an article titled " Why Russia Killed The OPEC Deal ". It did not take long for Russia to explain its reasons in an exclusive interview for Reuters. Those investors who are seriously interested in t...

Crude oil has rebounded by almost 8% to $33.60 per barrel. More news on: Pioneer Natural Resources Company, Occidental Petroleum Corporation, Chevron Corporation, Energy stocks news, News on ETFs, Read more ...

Just a few weeks ago, it seemed there were deals to be had on a relative basis in upstream energy recently - key word being relative. Discounts to net asset value ("NAV"), recent public and private comps, and in comparison to the peer group matters not when the market goes from pricing in a ...