|Day Low/High||136.38 / 139.35|
|52 Wk Low/High||80.46 / 147.55|
Noble Energy's deal for Clayton Williams and Exxon Mobil's purchase of Permian acreage is pushing prices in the sector higher.
Investors can still obtain good returns from master limited partnerships, since many of them are still offering attractive dividend yields.
The energy giant soared 132% in 2016, and 2017 looks promising as well.
NVIDIA, NXP Semi and Applied Materials could all continue their big runs this year.
Gobbling up privately held acreage may continue to be a major priority for strategics in 2017, but so too will asset sales and equity raises as low leverage remains vital.
The most recent short interest data has been released for the 12/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") will host a conference call on Wednesday, February 22, 2017, at 8:30 AM CT (9:30 AM ET) to discuss fourth quarter and full-year 2016 financial and operating...
Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that it has priced an offering of $600 million aggregate principal amount of senior unsecured notes due 2025.
Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that it intends, subject to market conditions, to publicly offer $600 million aggregate principal amount of senior unsecured notes due 2025.
Together, these two would make a fine start to a mid-term oil portfolio.
I am increasingly confident that this meeting of the oil cartel will result in a real production agreement.
Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced it has reached a definitive agreement to acquire approximately 24,000 gross (16,400 net) acres in the northern Delaware Basin for approximately...
Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today reported financial and operating results for the third quarter of 2016.
Energy stocks tend to perform well in a rising interest rate environment as investors focus on their performance in the fourth quarter with the odds rates rising increasing.
It's not sexy, but it looks like the real opportunity heading into the late fall and winter.
Concho Resources Inc. (NYSE: CXO) (the "Company") will host a conference call on Wednesday, November 9, 2016, at 8:30 AM CT (9:30 AM ET) to discuss third quarter 2016 financial and operating results.
Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today completed its previously announced acquisition of approximately 40,000 net acres in the core of the Midland Basin from Reliance Energy for approximately...
The deal is the latest in what's become an industry-wide land grab for acreage in the area
The seller, owned by onetime billionaire Autry Stephens, has been shedding assets to pay down its debt load, which some have estimated at around $1 billion.
Cramer says CyberArk Software is doing well but he's avoiding Clovis Oncology.
Cramer says he doesn't understand the obsession some investors have with the Federal Reserve. Forget the Fed.
PDC Energy makes a 'game-changing' land acquisition.
The acquisition expands the buyer into West Texas' hot Delaware Basin and is part of its plan to become a top mid-cap explorer and producer.
Falling oil prices continue to pressure stock prices, but Jim Cramer says the real issue is if prices go too low.
The transaction is the buyer's fourth acquisition in eight months and includes margin-boosting royalty interests.