Concho Resources Inc. Reports Third-Quarter 2019 Results

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Go back to Concho Resources Inc. Reports Third-Quarter 2019 Results

Concho Resources (CXO) Misses Q3 EPS by 8c

October 29, 2019 4:09 PM EDT

Concho Resources (NYSE: CXO) reported Q3 EPS of $0.61, $0.08 worse than the analyst estimate of $0.69.

Outlook

Fourth-quarter 2019 production is expected to be 318 MBoepd to 325 MBoepd (64% oil), which reflects the impact of the Companys planned New Mexico Shelf sale. Excluding the impact of the planned asset... More