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Concho Resources Inc. (CXO)

(Delayed Data from NYSE)

$51.27 USD


-0.35 (-0.68%)

Updated Aug 7, 2020 04:00 PM ET

2-Buy of 5   2      

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
1Strong Buy24.33%
5Strong Sell1.79%

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A Value B Growth A Momentum A 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
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Zacks News

Zacks Equity Research

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Concho Resources (CXO) is an Incredible Growth Stock: 3 Reasons Why

Concho Resources (CXO) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Zacks Equity Research

Concho (CXO) Q2 Earnings Beat Estimates, Revenues Miss Mark

As part of its efforts to reduce costs and boost margins, Concho (CXO) succeeds in trimming its controllable expenses by 25% year over year to $7.49 per Boe in Q2.

Zacks Equity Research

Concho Resources (CXO) Q2 Earnings Surpass Estimates

Concho Resources (CXO) delivered earnings and revenue surprises of 242.42% and -44.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Nilanjan Choudhury

4 Oil & Gas Earnings to Watch on Jul 29: FTI, CXO, APA & HES

Lower oil and gas prices are expected to have hurt hurt Q2 earnings of energy companies.

Zacks Equity Research

What's in the Offing for Concho Resources (CXO) Q2 Earnings?

Concho Resources' (CXO) two chief areas of interest, such as output growth and oil price realizations (including derivatives) are inducing pessimism for its second-quarter earnings report.

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.

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Fracking Bust: U.S. Shale Oil Production is Going Lower

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Concho Resources (CXO) Upgraded to Buy: What Does It Mean for the Stock?

Concho Resources (CXO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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Eni (E) Plans to Exit Pakistan Through Huge Asset Divestment

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Continental to Gradually Revive Output as Oil Price Improves

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