U.S. shale drillers are increasing production again, now that oil prices approach $40 per barrel.
News & Analysis: Concho Resources
CXO earnings call for the period ending March 31, 2020.
Concho Resources has pivoted to producing free cash, which is giving it the money to pay investors a much higher dividend this year.
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.