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Concho Resources Inc. (CXO)

(Delayed Data from NYSE)

$101.05 USD

101.05
1,315,973

+2.69 (2.73%)

Updated Jun 17, 2019 04:00 PM ET

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3-Hold     3    

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.91%
17.98%
9.64%
5.22%
2.12%
10.58%

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B Value | B Growth | F Momentum | C VGM

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Zacks News

Nilanjan Banerjee

Can the Crude Slump Dent Oil Production Volumes in America?

With the advent of advanced drilling technologies, oil producers are now competitive enough to produce higher volumes despite investing lower capital and employing lesser rigs.

DVN FANG PXD CXO BHGE

Zacks Equity Research

Why Is Concho Resources (CXO) Down 7.6% Since Last Earnings Report?

Concho Resources (CXO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

CXO

Nilanjan Banerjee

Permian Drillers Steal the Spotlight: 4 Stocks Worth Tracking

Permian drillers are more efficient as they are deploying lesser oil rigs to produce more of the commodity.

PXD CXO FANG DVN BHGE

Mark Vickery

Top Stock Reports for Disney, Coca-Cola & Gilead

Today's Research Daily features new research reports on 16 major stocks, including Disney (DIS), Coca-Cola (KO) and Gilead (GILD).

KO GILD ETR DIS CXO CME

Nilanjan Choudhury

Oil & Gas Stock Roundup: Shell, BP & ConocoPhillips Post Q1 Earnings Beat

European oil majors Royal Dutch Shell (RDS.A) and BP plc (BP), as well as energy explorer ConocoPhillips (COP) reported better-than-expected first-quarter earnings.

BP RDS.A RIG WMB CXO COP

Zacks Equity Research

Concho (CXO) Misses on Q1 Earnings, Lifts Output Guidance

Concho Resources (CXO) now expects 2019 oil output to grow 27-31% y/y versus prior forecast of 26-30%.

CXO APC DVN MUR

Zacks Equity Research

Concho Resources (CXO) Q1 Earnings Lag Estimates

Concho Resources (CXO) delivered earnings and revenue surprises of -1.37% and 5.23%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

CXO

Nilanjan Choudhury

Key Factors to Impact Concho Resources' (CXO) Q1 Earnings

Two major areas of interest - output growth and oil price realizations - are sending mixed signals with regard to Concho Resources' (CXO) results in the upcoming quarter.

CXO COG APA DVN

Zacks Equity Research

Analysts Estimate Concho Resources (CXO) to Report a Decline in Earnings: What to Look Out for

Concho Resources (CXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CXO

Zacks Equity Research

PDCE vs. CXO: Which Stock Is the Better Value Option?

PDCE vs. CXO: Which Stock Is the Better Value Option?

PDCE CXO

Zacks Equity Research

Concho-Frontier JV to Bet on Permian Midstream Start-Up

Beta Crude Connector is going to aid in the transportation of Concho's (CXO) growing production in the Northern Midland Basin in the Permian play.

PAA APA CXO OXY

Sweta Killa

Oil ETFs Surge as Chevron Plans to Buy Anadarko

The deal news has sparked a new wave of mergers and acquisitions in the energy sector, boosting shares of shale oil companies and ETFs.

FRAK IEO RYE FXN XOP CVX XOM BP RDS.A FANG APC PXD CXO EOG DVN

Zacks Equity Research

Concho Resources (CXO) Looks Good: Stock Adds 8.8% in Session

Concho Resources (CXO) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.

CXO COG

Nilanjan Choudhury

Oil & Gas Stock Roundup: Concho Midstream Monetization, Noble Energy Project Approval

Permian operator Concho Resources (CXO) handed over its stake in a large midstream infrastructure system in the region to a private equity fund.

PBR MPC TOT RDS.A NBL CXO TELL

Zacks Equity Research

U.S. Rig Count Drops for the Third Consecutive Month

Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

HAL SLB DO RIG APA CXO BHGE

Zacks Equity Research

PDCE vs. CXO: Which Stock Should Value Investors Buy Now?

PDCE vs. CXO: Which Stock Is the Better Value Option?

PDCE CXO

Zacks Equity Research

Concho (CXO) Monetizes Permian Midstream Assets: Here's Why

Concho (CXO) decides to sell Oryx I gathering system at a substantial premium to the originally invested capital.

CXO APA WPX OXY

Zacks Equity Research

Permian Basin & Eagle Ford Remove 5 Oil Drilling Rigs Each

The tally for oil drilling rigs in the United States fell for six successive weeks to the lowest level since April 2018.

SLB HAL DO RIG CXO APA BHGE

Zacks Equity Research

Permian Sees Drop in Oil Rig Count for 4 Straight Weeks

Explorers and producers are getting more conservative about investing over volatile oil prices.

SLB HAL DO RIG CXO APA BHGE

Zacks Equity Research

Concho Resources (CXO) Down 2.5% Since Last Earnings Report: Can It Rebound?

Concho Resources (CXO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

CXO

Zacks Equity Research

Cana Woodford & Mississippian Witness Decline in Oil Rigs

In the United States, the tally for oil drilling rigs fell to the lowest mark since April 2018.

SLB HAL DO RIG APA CXO

Zacks Equity Research

U.S. Rig Count Falls for the Second Consecutive Month

Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

SLB HAL DO RIG APA CXO BHGE

Zacks Equity Research

The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

The Zacks Analyst Blog Highlights: Matador, Continental Resources, Pioneer Natural, Diamondback and Concho

PXD CXO FANG MTDR CLR

Zacks Equity Research

Permian Basin Witnesses Removal of 7 Oil Drilling Rigs

The tally for rigs exploring oil in the United States slips to the lowest mark since May 2018.

HAL SLB DO RIG APA CXO BHGE

Nilanjan Choudhury

Shale Oil Q4 Earnings Falter on Commodity Price Meltdown

Missed the slew of shale oil earnings? Here's a quick run-through of how some of the bigwigs fared in their earnings reports.

PXD FANG CLR MTDR CXO APC