CXO News and Press, Concho Resources Inc. From 07/20/20

Matador Resources ( MTDR +1.4% ) wins two upgrades today, to Buy from Hold at Stifel and to Outperform from Market Perform at Raymond James. More news on: Matador Resources Company, Apache Corporation, Laredo Petroleum, Inc., Energy stocks news, Read more ...

Introduction If you're a follower of my free articles, you have to have noticed I am pivoting away from the (former) high dividend payers in the legacy Big Cap, Supermajor- European oil companies, toward well financed American independents. Companies like BP, ( BP ), and Royal Dutch Shell...

The second quarter of 2020 was an almost mirror image of the first. The world's efforts to curb the spread of the coronavirus began to have an impact and the significant U.S. fiscal stimulus, announced in late March, provided much-needed support to consumers, businesses, and the credit markets...

Ahead of the Q2 earnings season, Goldman Sachs screened its list of Buy-rated stocks for ones that have underperformed the S&P 500 this year, trade with a market cap of over $5B and have an EPS estimate from Goldman that is higher than the consensus mark. More news on: The Bank of New ...

The Appalachian basin makes up about 35% of the United States' total natural gas production - and Wells Fargo is constructive on natural gas prices in a new initiation that brings its coverage of the basin's producers to about 60%. More news on: CNX Resources Corporation, CNX Midstream Par...

Concho Resources ( CXO +1.9% ) moves higher after Bank of America upgrades shares to Buy from Neutral with a $70 price target and raises Cimarex Energy ( XEC +2.3% ) to Neutral with a $33 target, saying it favors large-cap stocks that are "leveraged to a faster recovery in oil prices."...

Concho Resources Inc. (NYSE: CXO) will host a conference call on Thursday, July 30, 2020 at 8:00 AM CT (9:00 AM ET) to discuss second-quarter 2020 financial and operating results. The Company plans to announce second-quarter 2020 results on Wednesday, July 29, 2020, after close of trading. ...

This article part of 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 05/15/2020. William Nygren's 13F portfolio value decreased ~36% from $56.41B to $...

Q1 earnings was just a few weeks ago, with most oil and gas companies reporting between around the end of April and the first week of May. At the time, West Texas Intermediate (“WTI”) averaged just a touch over $20.00/barrel, with many in the market fearing that storage would so...

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 ...