CXO News and Press, Concho Resources Inc. From 02/19/19

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable March 29, 2019, to stockhold...

Introduction A common refrain this past couple of years was that WTI would trade predominately in a $60 to $80 range. During 2018, US E&P companies increased output by 2 million barrels a day with WTI averaging $65 a barrel for the year. Of this, 1 million came from the Permian basin...

Prime Energy ( PNRG ) has substantially outperformed its peers over the past year, as highlighted here on Seeking Alpha, with a first article published on 8/21/2017 " Prime Energy - A Fast Growing Oil Producer ... ". Prime shares have doubled since that time: Data by YCharts Importantly,...

Concho Resources Inc. (NYSE: CXO) mourns the death of board member Ray Poage. “Ray was a friend and a colleague, and we are deeply saddened by his passing,” said Tim Leach, Chairman and Chief Executive Officer. “He was kind and generous with his support, and we will ...

Mizuho analyst Paul Sankey initiates coverage of three U.S.-focused, liquids-weighted E&Ps - Concho Resources ( CXO +3% ), Continental Resources ( CLR +3.4% ) and Diamondback Energy ( FANG +2% ) with Buy ratings , saying the three companies show best that "sustainable cash return ...

NEW YORK, Jan. 23, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fastenal Company (NASDAQ:FAST), Concho Resources Inc. (NYSE:CXO), US Ecol...

"When God closes a door, He opens a window." On January 16, 2018, Earthstone Energy , Inc. ( ESTE ) provided an operations update and 2019 guidance. Robert J. Anderson, President of Earthstone, said: During 2018, our operations in the Midland Basin continued to focus on capital a...

WTI crude oil in Midland, Tex., is trading at the smallest discount to benchmark Nymex crude futures since March, as supply in January falls below previous estimates. More news on: EOG Resources, Inc., Pioneer Natural Resources Company, Laredo Petroleum Holdings, Inc., Energy stocks news, ...

Concho Resources ( CXO ) can grow production at a strong pace and operate within positive cash flows, even in a weak oil price environment. Although Concho Resources has planned for a $55 to $60 a barrel oil price scenario, the company is well positioned to face even weaker prices. I believe...

Traders say Midland crude for delivery in Q4 is going for the smallest discount in months in anticipation of the opening of pipelines transporting more than 2M bbl/day from the Permian Basin, Reuters reports. More news on: EOG Resources, Inc., Pioneer Natural Resources Company, Laredo Pe...