CXO News and Press, Concho Resources Inc. From 06/09/20

While upgrading Occidental Petroleum, Bank of America also downgrades Chevron ( CVX -1.3% ) and Concho Resources ( CXO -10.1% ) to Neutral from Buy, with respective price targets of $110 and $76, after recent sharp rebounds. More news on: Chevron Corporation, Concho Resources ...

If you've been a long-time reader of my work here on Seeking Alpha, you know I have an affliction for quantitative scores. I like the idea of breaking things down and slapping a grade upon them to compare across the equities landscape. One particular score has caught my attention in the last w...

Uncertainty continues in the oil market as OPEC and its allies extended output cuts over the weekend, while U.S. shale companies have begun reopening existing wells as stay-at-home restrictions ease across the country. The Wall Street Journal reports that companies including Parsley Energ...

Co-produced with Long Player and The Value Portfolio Viper Energy Partners LP ( VNOM ) holds royalty interests in one of the most important oil patches in the world. That’s the Permian Basin, a massive oil-producing region that has been in production since the 1920s. The company&#...

Concho Resources Inc. (NYSE: CXO) today announced that the Company will participate in the following virtual conferences: Live audio webcasts of the presentations will be available on the “Events & Presentations” page under the “Investors” section of the ...

Editors' Note: This is the transcript of the video we posted May 22nd. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a podcast embedded below if you need any clarification. We hope you enjoy. Dani...

In response to the dramatic decline in oil demand stemming from the COVID-19 pandemic and the resulting price weakness, global oil supply is expected to fall significantly this month, as OPEC+ cuts took effect May 1. Some producers began implementing production cuts early, and Saudi Arabia has...

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that Tim Leach, Chairman and Chief Executive Officer, will present at the Bernstein 36 th Annual Strategic Decisions Virtual Conference. The presentation will begin at 9:00 AM CT on Thursday, May 28, 2020. ...

Concho Resources ( CXO ) has reported solid Q1-2020 results but its earnings will decline substantially in the coming quarters due to the plunge in oil prices. Concho Resources has reduced its capital budget by 40% from its original forecast and will now focus on preserving cash flows. The c...

It has been exactly three months since my last article, so I thought it might be a good time to check in. Has anything important happened in that period? After the time-consuming and exhausting effort of writing several articles early in the year, then anticipating having to immediately dive...