Concho Resources (CXO) Tops Q1 EPS by 4c; Forms New JV in Delaware Basin

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Wunderlich Securities Downgrades Concho Resources (CXO) to Hold

May 13, 2014 7:06 AM EDT

Wunderlich Securities downgraded Concho Resources (NYSE: CXO) from Buy to Hold with a price target of $137.00 (from $147.00).

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Shares of Concho Resources closed at $129.94 yesterday.

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Concho Resources (CXO) Announces 6M Common Offering

May 12, 2014 6:26 AM EDT

Concho Resources Inc. (NYSE: CXO) announced that it intends, subject to market conditions, to commence a registered public offering of 6,000,000 shares of common stock. The Company also expects to grant the underwriters an option to purchase up to 900,000 additional shares of stock. Net... More