By Jennifer Warren : Recently, Energen agreed to sell its Alabama gas utility for $1.28 billion to become a pure-play oil and gas firm. This development will help Energen Corp. ( EGN ) accelerate its 3P reserves (proved, probable, and possible) plus the contingent resources of 3.3 billion, a ...
quarter: three that worked out well (Cimarex Energy, Concho Resources and Crane) and three that didn’t (Encana, Hospira ..... Worldwide Holdings, Inc. 0.1%, Cimarex Energy Co. 0%, Concho Resources Inc. 0%, Crane Co. 0%, Encana Corp. 0%, Hospira
Collectively, Concho's directors and officers own 3% of common shares outstanding. With headquarters in Midland, Texas, Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern
We are increasing our fair value estimate for Concho Resources to $130 per share from $100 after updating our model for the most recent results and factoring in the company's more aggressive
By Jennifer Warren : Occidental Petroleum ( OXY ), the largest Texas oil producer, is beginning its unconventionals push into the Permian. At the same time, Occidental will complement its conventional program of water and CO2 floods, called its Permian EOR market, alongside its unconventional ...
Concho Resources reported third-quarter results that were in line with our expectations. Production came in at 94 Mboe/d, up 4% sequentially
Concho Resources CXO reported second-quarter results that were slightly below our expectations. Production came in at 91 Mboe/d, up 6% sequentially
emerging markets may look cheap. In practicality, in reality – in our view – they are not. As of 3/31/13, Concho Resources represented 0.8% and Cimarex Energy 1.4% of the Oakmark Equity and Income Fund’s total net assets. Portfolio
Concho Resources CXO reported first-quarter results Wednesday. Production from continuing operations came in at 86 thousand barrels of oil equivalent
s highest energy weightings at 74%, focus on smaller exploration and production (E&P) companies such as Concho Resources CXO , as well as equipment and services outfits such as Cameron International CAM. To be sure, smaller, more commodity