Concho Resources, Inc. (NYSE:CXO)
An oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties.
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Finviz.
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CXO Wright E Joseph SVP & Chief Operating Officer May 25 Sale 93.80 152,976 14,349,852 158,803
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This is a small/mid cap high growth stock that should outperform the S&P during the bull market.
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low PEG, strong price uptrend
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IBD rec.
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Energy - Oil/Gas Production. Like most of the Fools on CAPS I threw in with this company as part of a broad sweep of the oil/gas sector, and like most of the Fools on CAPS I have no reason why I picked it, or why it's going up. It's a quiet company that makes money not waves. Nearly a perfect investment.
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It is an undervalued energystock. Could also be a take-over target.Will outperform the S&P
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If God exists, God put randomness and chaos at the core of the universe. His purpose might have been to create another being with free will out of this gigantic cauldron, with whom he could converse or who could adore him voluntarily. It is God's pure selfishness that is the cause of our pain. His plan was manifestly stupid.
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STOCK FOR NEXT 12 MONTHS
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Energy is where it is at. Even upon correction of oil prices, alternatives are slow to enter as energy hungry consumers and nations position themselves to find new sources for their ever liquidating inventory and supply. CXO is boudn to be acquired int henext five years as consolidation continues in the market.
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Technicals showing a buying opportunity.
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This one is pretty obvious.
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permian basin of new mex, arkansas basin, delaware basin, north dakota basin. shares owned by neunbeurger instit and fund
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42,000 ACRES IN THE BAKKEN BASIN!!!!!!!!!
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Hot sector and this company has done well. It's pushing against it's 52 week high, but it should push right past it and continue to low 40's.
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New ipo, earning and revenue up, potential future grow
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