|Day Low/High||124.26 / 128.68|
|52 Wk Low/High||69.94 / 137.40|
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.
The deal, which was privately negotiated, expands the buyer's position in the popular Midland Basin by more than a third at a healthy valuation.
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced that it has priced a public offering of 9,000,000 shares of its common stock for total gross proceeds (before underwriters' fees and estimated expenses) of...
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced the launch of an underwritten public offering of 9,000,000 shares of common stock.
Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today announced it has reached a definitive agreement to acquire approximately 40,000 net acres in the core of the Midland Basin from Reliance Energy, a...
Trade-Ideas LLC identified Concho Resources (CXO) as a post-market leader candidate
Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today reported financial and operating results for the second quarter of 2016.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Concho Resources Inc has taken over the #56 spot from TJX Companies , according to ETF Channel. Below is a chart of Concho Resources Inc versus TJX Companies plotting their respective rank within the S&P 500 over time (CXO plotted in blue; TJX plotted in green): In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the underlying components were ranked according to those averages.
Any weakness is an opportunity to revisit the sector but with greater emphasis on stock-specific opportunities and dislocations, one analyst says.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AN, BWINB, CXO, GLOB, GOOG, GSIT, INOV, JOBS, LHO, NYLD.A, SALE, TATT, UCP, VALU Downgrades: ZPIN Initiations: BLD, UNVR Read on to get TheStreet Quant Ratings' detailed report:
TheStreet highlights 3 stocks pushing the basic materials sector lower today.
The most recent short interest data has been released for the 06/30/2016 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.
The Midland, Texas, oil and gas explorer didn't reveal the name of the seller, but a source said it was Natural Gas Partners-backed Luxe Energy.
Concho Resources Inc. (NYSE: CXO) (the "Company") will host a conference call on Wednesday, August 3, 2016, at 8:30 AM CT (9:30 AM ET) to discuss second quarter 2016 financial and operating results.
Analysts believe Diamondback Energy and Parsley Energy could be among the possible buyers interested in bolstering their drilling inventories.
Has Brexit got you scared to buy stocks? Friday's market pullback has created a buying opportunity for these stock winners, according to Morgan Stanley.
There is so much buying power in so many new areas.
The latest rally could be a "false breakout."
Here are Monday's top research calls, including upgrades for Agios Pharmaceuticals and Concho Resources, and downgrades for Occidental Petroleum and Sprouts Farmers Market.
Seaport Global Securities releases its top picks with a few additions, including number-one ranked Synergy Resources.