Concho Resources Inc. Reports Second-Quarter 2020 Results

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Concho Resources (CXO) Tops Q2 EPS by 67c

July 29, 2020 4:46 PM EDT

Concho Resources (NYSE: CXO) reported Q2 EPS of $1.13, $0.67 better than the analyst estimate of $0.46. Revenue for the quarter came in at $474 million versus the consensus estimate of $788.07 million.

Outlook

The Companys full-year 2020 production and capital expenditure expectations are unchanged at 197 MBopd and $1.6 billion,... More