Concho Resources (CXO) Declares $0.125 Quarterly Dividend; 0.4% Yield

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Go back to Concho Resources (CXO) Declares $0.125 Quarterly Dividend; 0.4% Yield

Concho Resources (CXO) Misses Q4 EPS by 19c

February 19, 2019 4:15 PM EST

Concho Resources (NYSE: CXO) reported Q4 EPS of $0.94, $0.19 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $1.07 billion versus the consensus estimate of $1.19 billion.

Outlook

Conchos updated outlook for 2019 reinforces the Companys commitment to generating shareholder value at all points in the cycle. Capital spending for 2019 is expected to be between $2.8 billion and $3.0 billion, representing a 17%... More