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CXO News and Press, Concho Resources Inc. From 10/14/20

Stock Information

Company Name: Concho Resources Inc.
Stock Symbol: CXO
Market: NYSE
Website: concho.com

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CXO - NIO, BBBY GME and GRUB among premarket gainers

Interpace Biosciences (IDXG) +72% after completing an independent investigation into complaints and finds it unsubstantiated.Allscripts Healthcare Solutions (MDRX) +38% on announcing to sell its CarePort Health business to WellSky.VOXX International Corporation (VOXX) ...

CXO - ConocoPhillips reportedly near to acquire Concho Resources

Looking to make a big bet on shale in the middle of a major downturn, ConocoPhillips (COP) is in talks to take out Concho Resources (CXO), reports Bloomberg. A deal could come in the next few weeks.Conoco has made little secret that it's been on the hunt for a deal, its CEO this summer citing...

CXO - Devon-WPX deal seen boosting scale, with potential for another suitor

WPX Energy ([[WPX]] +8.8%) surges in early trading to ~$5/share, well above the price implied in the Devon Energy ([[DVN]] +4.8%) merger deal, suggesting shareholders expect a higher offer.Analysts at Tudor Pickering and Holt say the deal creates material scale in the Delaware Basin while sig...

CXO - Wells Fargo stays positive on oil/gas names as it looks to 'Shale 3.0'

Following a week where oil-focused names followed crude prices lower, Wells Fargo is plumbing for tickers of interest with the investment case in exploration and production "incrementally positive." "With the impacts of Shale Wars 2.0 and COVID-19 having negatively impacted the energy sector ...

CXO - And The Survey Says: Drill, Baby, Drill

The Fed Reserve Bank of Dallas surveys nearly two hundred E&Ps quarterly, offering a pulse on the industry thought process. This quarter, the survey included a special section that included some questions relevant to investors in this space. One of the answers might surprise y...

CXO - UBS trend screen offers high-conviction picks to navigate 'cross currents'

A UBS update offers some more color on a screen it's produced, based on a report of major investment themes it's revisiting - generating some high conviction calls amid the "cross currents" buffeting stocks and the economy today. The scorecard it set up in its "Retreat, Rotate or Risk Up?" re...

CXO - Concho Resources Inc. Schedules Third-Quarter 2020 Results Conference Call for Thursday, October 29, 2020

Concho Resources Inc. (NYSE: CXO) will host a conference call on Thursday, October 29, 2020 at 8:00 AM CT (9:00 AM ET) to discuss third-quarter 2020 financial and operating results. The Company plans to announce third-quarter 2020 results on Wednesday, October 28, 2020, after close ...

CXO - Concho Resources: Well Prepared To Face A Difficult Period

Oil prices are showing weakness and volatility, with the WT trading in the high-$30s to low-$40s a barrel range. Concho Resources has solid downside protection, with a vast majority of its output hedged at attractive prices, and can continue generating free cash flows. By reducing...

CXO - Colorado Resources Announces Name Change to QuestEx Gold & Copper Ltd. and New Symbol "QEX" Effective Sept 28, 2020

Colorado Resources Announces Name Change to QuestEx Gold & Copper Ltd. and New Symbol "QEX" Effective Sept 28, 2020 Colorado Resources Announces Name Change to QuestEx Gold & Copper Ltd. and New Symbol "QEX" Effective Sept 28, 2020 Canada NewsWire VANCOUVER, BC, ...

CXO - Concho Resources Inc. to Present at the Raymond James North American Equities Conference

Concho Resources Inc. (NYSE: CXO) today announced that Jack Harper, President, will present at the Raymond James 16 th Annual North American Equities Conference. The presentation will begin at 7:50 AM CT on Tuesday, September 15, 2020. A live audio webcast of the presentation will be a...

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