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CONCHO RESOURCES INC (CXO) [hlAlert]

Rating:
Buy CXO
down 27.44 %

CONCHO RESOURCES INC (CXO) rated Buy with price target $170 by Stifel

Posted on: Tuesday,  Sep 2, 2014  9:25 AM ET by Stifel

Stifel rated Buy CONCHO RESOURCES INC (NYSE: CXO) on 09/02/2014, when the stock price was $141.95. Since
then, CONCHO RESOURCES INC has lost 27.45% as of 08/27/2015's recent price of $102.99.
If you would have followed this Stifel's recommendation on CXO, you would have lost 27.44% of your investment in 359 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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2014 9:25 AM Buy
None
141.95 170.00
as of 10/17/2014
1 Week down  -0.68 %
1 Month down  -21.92 %
3 Months down  -26.14 %
1 YTD down  -26.14 %

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