Concho Resources has pivoted to producing free cash, which is giving it the money to pay investors a much higher dividend this year.
News & Analysis: Concho Resources
CXO earnings call for the period ending December 31, 2019.
Investors can buy these oil-fueled cash flow streams for dirt cheap prices.
A rally in the oil market fueled big gains for these shale-focused producers.
Wall Street analysts are unabashedly bullish on these oil stocks.
CXO earnings call for the period ending September 30, 2019.
Concho Resources' third-quarter results show a dramatic improvement from the prior period.
Though the amount of oil coming out of Saudi Arabia has been halved, U.S. oil producers have no plans for drastic strategic changes.
Drone strikes over the weekend knocked half of the country’s capacity offline.
The falling price of crude wasn't the only issue weighing on the Permian Basin-focused oil producer last month.