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Concho Resources Inc. (CXO)

- NYSE
  • Feb. 20, 2013, 5:08 PM
    Concho Resources (CXO): Q4 EPS of $0.96 misses by $0.04. Revenue of $477.5M misses by $48.92M. (PR)
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  • Feb. 20, 2013, 12:10 AM
    Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO
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  • Feb. 19, 2013, 5:35 PM
    Notable earnings after Wednesday’s close: AUY, CAKE, CROX, CXO, DEPO, ETE, ETP, FLR, FST, GDP, GNK, HLX, IAG, IDCC, JACK, KBR, PAAS, PPO, PVA, RBCN, RGP, SAM, SB, SM, SNPS, STAG, STR, SXL, SYNC, SZYM, TRN, TSLA, UNTD, WLT, WMB, WPZ, XCO
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  • Feb. 7, 2013, 5:22 PM
    In its 2012 production update, Concho Resources (CXO) says full-year production reached 29.8M boe, a 26% Y/Y increase, with year-end estimated proved reserves of 447.2M boe, up 16% Y/Y, and a reserve replacement ratio of 422%. Raises its 2013 production guidance to 33.4M-34.8M boe.
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  • Jan. 17, 2013, 2:59 PM
    Concho Resources (CXO +1.6%) is initiated at Outperform by Imperial Capital, which says the pure-play, oil-focused Permian Basin company benefits from strong production growth, long-lived reserves, a low-cost structure and low-risk production and growth opportunities. The firm likes CXO's commitment to rate-of-return driven growth, reinvesting cash flow into its highest margin plays.
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  • Jan. 15, 2013, 11:38 AM
    Stephens analyst William Butler remains cool on natural gas but is bullish on the energy sector, seeing upside for various small and large companies. On his Best Ideas list: Sanchez Energy (SN), which expects to grow to 6.6K boe/day next year - 330% growth, with 85% of it in oil; SN also boasts 10 years of drilling inventory and a sound balance sheet. He also likes CPE, QEP, HK, CXO, GPOR.
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  • Dec. 14, 2012, 3:57 PM
    Concho Resources (CXO +0.9%) is raised to Top Pick from Outperform at RBC, which notes CXO's dominant position in the established and emerging Permian Basin trends that provides a large inventory of economic projects. The firm expects several potential catalysts in 2013, including well tests in CXO's emerging horizontal areas.
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  • Nov. 9, 2012, 10:28 AM
    Concho Resources (CXO +0.9%) is upgraded to Buy from Neutral with a $111 target price at Goldman Sachs, which sees CXO as a secular winner among E&Ps due to shale scale in the Permian Basin "in early innings of a technology-driven oil growth renaissance," and its low-cost asset base. Stifel Nicolaus also lifts shares to Buy from Hold.
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  • Nov. 8, 2012, 9:29 AM
    Legacy Resources (LGCY) plans a public offering to sell 8.7M units to raise funds for a $520M acquisition of oil and natural gas properties in the Permian Basin from Concho Resources (CXO). The properties contain estimated proved reserves of ~25.6 MMboe, 71% proved developed producing. LGCY -2.5% premarket.
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  • Nov. 7, 2012, 5:12 PM
    Concho Resources (CXO): Q3 EPS of $0.96 misses by $0.08. Revenue of $497.5M (+43% Y/Y) misses by $12M. (PR)
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  • Nov. 7, 2012, 12:10 AM
    Notable earnings after Wednesday’s close: ARAY, ATO, ATVI, AWK, BONE, CBS, CLR, CODI, CPE, CPNO, CTL, CXO, ETE, ETP, EXEL, FTK, GMXR, GSS, HIMX, HNSN, ITMN, KGC, MAKO, MBI, MDLZ, MNST, MWE, NQ, OAS, ONTY, OSUR, PAAS, PANL, PRI, PRU, QCOM, SGEN, SLXP, SNTS, SRZ, SSRI, SXL, TCAP, TIE, TS, WFM
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  • Nov. 6, 2012, 5:35 PM
    Notable earnings after Wednesday’s close: ARAY, ATO, ATVI, AWK, BONE, CBS, CLR, CODI, CPE, CPNO, CTL, CXO, ETE, ETP, EXEL, FTK, GMXR, GSS, HIMX, HNSN, ITMN, KGC, MAKO, MBI, MDLZ, MNST, MWE, NQ, OAS, ONTY, OSUR, PAAS, PANL, PRI, PRU, QCOM, SGEN, SLXP, SNTS, SRZ, SSRI, SXL, TCAP, TIE, TS, WFM
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  • Aug. 15, 2012, 8:29 AM
    FracFocus.org was set up in April 2011 by oil and gas companies as a place where they would voluntarily disclose information about all their U.S. hydraulic fracturing jobs. But the companies failed to report more than two out of every five fracked wells in eight U.S. states through the end of last year, according to Bloomberg data. Worst disclosure rates: CXO, SD, QEP, APA.
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  • Aug. 6, 2012, 5:54 PM
    Concho Resources (CXO): Q2 EPS of $0.78 misses by $0.21. Revenue of $432.8M  misses by $35M. Shares -0.4% AH. (PR)
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  • Aug. 6, 2012, 12:10 AM
    Notable earnings after Monday’s close: ALNY, ALSK, BKD, CBOU, CF, CHK, CLNE, CXO, GA, GEOY, HALO, LEAP, MDR, MR, MTW, NQ, NRP, OAS, PNG, SB, TWTC
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  • Aug. 5, 2012, 5:35 PM
    Notable earnings after Monday’s close: ALNY, ALSK, BKD, CBOU, CF, CHK, CLNE, CXO, GA, GEOY, HALO, LEAP, MDR, MR, MTW, NQ, NRP, OAS, PNG, SB, TWTC
    | 3 Comments
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Company Description
Concho Resources Inc. is an oil and natural gas company, which is engaged in the acquisition, development, exploitation and exploration of producing oil and natural gas properties. It operates in the Delaware Basin.