The firm owned 14,557 shares of the oil and natural gas company’s stock after selling 64,879 shares during the […]
During the same quarter in the prior year, the firm posted $0.69 earnings per share. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its stake in Concho Resources by 333.3% during the second quarter. We are working today to deliver a better tomorrow for our shareholders, people and communities. We are monitoring the COVID-19 situation closely and taking appropriate precautionary measures, including a work from home policy in order to ensure business continuity.
To learn more about our efforts, visit the The health and safety of our employees, their families and our communities is our top priority. © Watch List News, LLC 2008-2018. Nisa Investment Advisors LLC lifted its stake in Concho Resources Inc (NYSE:CXO) by 0.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. Gradient Investments LLC now owns 1,173 shares of the oil and natural gas company’s stock worth $60,000 after purchasing an additional 1,031 shares during the last quarter. Meeder Asset Management Inc. now owns 1,386 shares of the oil and natural gas company’s stock worth $60,000 after purchasing an additional 1,333 shares during the last quarter.
At December 31, 2019, Concho had long-term debt of $4 billion, with no outstanding debt maturities until January 2025.
In second-quarter earnings reports published after the close of trading in New York, QEP Resources Inc. cut its production outlook, WPX Energy Inc. further reduced its capital spending budget, while Concho Resources Inc. stuck with plans to keep crude volumes flat from 2019 levels, ending years of growth.
We are the Permian Basin. In response to the challenges facing our Permian Basin community, Concho is supporting the communities where we work and live. The firm owned 86,640 shares of the oil and natural gas company’s stock after buying an additional 800 shares during the period.
Another company with significant volumes hedged for 2018 is Concho Resources , which has about 63% of its expected oil output hedged next year. Concho maintains a strong financial position with investment-grade credit ratings and substantial liquidity. Concho Resources: Permian Focus, 2016 Hedging Book To Be Buy List Items In Second Half Of 2015 The health and safety of our employees, their families and our communities is our top priority.
The words “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “could,” “may,” “enable,” “strategy,” “intend," “positioned,” “foresee,” “plan,” “will,” “guidance,” “outlook,” “goal” or other similar expressions that convey the uncertainty of future events or outcomes are intended to identify forward-looking statements, which generally are not historical in nature. on Nisa Investment Advisors LLC Buys 800 Shares of Concho Resources Inc (NYSE:CXO) Concho Resources Inc, an independent oil and natural gas company, engages in the acquisition, exploration, and development of oil and natural gas properties in the United States Its principal operating areas are located in the Permian Basin region of southeast New Mexico and west Texas Concho Resources Inc is headquartered in Midland, Texas © 2017 CONCHO RESOURCES INC., ALL RIGHTS RESERVED Concho Resources (NYSE: CXO) is one of the largest unconventional shale producers in the Permian Basin, with operations focused on safely and efficiently developing oil and natural gas resources.
As a group, research analysts predict that Concho Resources Inc will post 2.27 EPS for the current fiscal year.
For 2020, Concho has crude oil swap contracts covering approximately 132 MBopd and 22 MBopd at weighted average prices of $57 per Bbl WTI and $60 per Bbl Brent, respectively. These include the risk factors and other information discussed or referenced in the Company’s most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. We’re proud to be certified as a Great Place To Work for the fifth consecutive year.
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