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CONCHO RESOURCES INC (CXO) [hlAlert]

Rating:
Sector Outperform
CXO
down 22.75 %

CONCHO RESOURCES INC (CXO) rated Sector Outperform by Howard Weil

Posted on: Friday,  Aug 8, 2014  12:00 AM ET by Howard Weil

Howard Weil rated Sector Outperform CONCHO RESOURCES INC (NYSE: CXO) on 08/08/2014, when the stock price was $133.33.
Since then, CONCHO RESOURCES INC has lost 22.76% as of 08/27/2015's recent price of $102.99.
If you would have followed this Howard Weil's recommendation on CXO, you would have lost 22.75% of your investment in 384 days.

Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. The Company's conventional operations are primarily focused in the Permian Basin of Southeast New Mexico and West Texas. In addition, the Company is involved in a number of unconventional emerging resource plays.

Howard Weil’s team of research professionals currently cover approximately 100 public energy companies, including major integrated oil companies, independent refiners, exploration and production companies, oilfield services companies, gas and power, coal producers and other energy companies. Our research analysts engage in ongoing dialogue with company management and constant internal analysis in order to give Howard Weil’s clients an in-depth understanding of the companies we cover, as well as current insights on the global energy marketplace.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2014 12:00 AM Buy
None
133.33
as of 10/17/2014
1 Week down  -0.68 %
1 Month down  -21.92 %
3 Months down  -26.57 %
1 YTD down  -2.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/27/2013 9:25 AM Buy
None
97.96 134.00
2/9/2011 8:25 AM Hold
None
97.32 109.00
11/4/2010 8:25 AM Hold
None
75.24 73.00
1/8/2010 10:25 AM Buy
None
46.94 55.00
6/1/2009 1:25 PM Hold
None
32.31 33.00

(*) Stock Price at the time of the recommendation.
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