Concho Resources (CXO) Declares $0.125 Quarterly Dividend; 0.4% Yield
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Concho Resources (CXO) Misses Q4 EPS by 19c
February 19, 2019 4:15 PM ESTConcho 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
