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Stock Market & Financial Investment News

News Breaks
May 12, 2014
05:50 EDTCXOConcho Resources reports Q1 adjusted EPS $1.01, consensus 97c
Reports Q1 revenue $660.96M, consensus $629.78M. Reports Q1 average production of 101.6 MBoepd. Tim Leach, chairman, CEO, and president, stated, “Production during Q1 exceeded our expectations driven by improved operational efficiencies and strong well performance. Our assets in the Delaware Basin continue to deliver consistently strong results, reaffirming this region as one of the most prolific oil basins in the U.S. At the same time, we are realizing improved drill times which are enabling us to expand our budgeted drilling activity as we proceed through 2014.”
News For CXO From The Last 14 Days
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February 27, 2015
09:00 EDTCXOConcho Resources 6M share Spot Secondary priced at $108.50
The deal size was increased to 6M shares from 5.6M shares. BofA/Merrill acted as sole book running manager for the offering.
February 26, 2015
18:43 EDTCXOOn The Fly: After Hours Movers
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16:13 EDTCXOConcho Resources files to sell 5.6M shares of common stock
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February 25, 2015
16:47 EDTCXOConcho Resources announces proved reserves 637 mln Boe
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16:45 EDTCXOConcho Resources sees Q1 production 127 MBoepd-131 MBoepd
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16:45 EDTCXOConcho Resources reports Q4 adjusted EPS 88c, consensus 84c
Reports Q4 revenue $594.2M, consensus $667.68M. Concho delivered record quarterly production of 11.5M Boe, or 124.8 MBoepd, and achieved 31% crude oil production growth over the same quarter a year ago.
15:05 EDTCXONotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include salesforce.com (CRM), consensus 14c... Avago Technologies (AVGO), consensus $1.94... L Brands (LB), consensus $1.80... Workday (WDAY), consensus (6c)... BioMarin (BMRN), consensus (59c)... Concho Resources (CXO), consensus 84c... Antero Resources (AR), consensus 28c... Medivation (MDVN), consensus $1.34... Transocean (RIG), consensus 77c... Sprouts Farmers Market (SFM), consensus 9c... SINA Corporation (SINA), consensus 18c.

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