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-0.0123456790123456 0 0.000316555872111477 0.0129787907565685 0.0129787907565685 0.0129787907565685 0.00981323203545433 0.0129787907565685
Stock impact report

Concho Resources: Quality Prevails In The Long Run [Seeking Alpha]

Diamondback Energy, Inc. - Commmon Stock (FANG) 
Last diamondback energy, inc. - commmon stock earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Seeking Alpha
SummaryConcho Resources is offering a balanced approach within a battered energy sector.The company has low-cost operations (although not the lowest within the industry) and has a very strong balance sheet.These combined strengths provide a great advantage in the current environment.Valuations have come down, and quality has the tendency to prevail over time, certainly in a commodity industry.Concho Resources (CXOPermian Basin PlayConcho is a pure play on the Permian with operations in the Delaware and Midland basin where it holds 550,000 net acres. The company touts discipline and capital efficient operations as long-term drivers for its success, and truth be told, its shares have done quite well despite the fact that it has seen real headwinds since the 2014 shale boom.Remember that this was a $13 stock in 2007, shares broke the $100 mark in 2011, and they were essentially range bound between $75 and $150 until they broke that low end of the range late 2019. Shares started 2020 at $ Show less Read more
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