Wunderlich Securities Downgrades Concho Resources (CXO) to Hold

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Go back to Wunderlich Securities Downgrades Concho Resources (CXO) to Hold

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

May 12, 2014 5:59 AM EDT

Concho Resources (NYSE: CXO) reported Q1 EPS of $1.01, $0.04 better than the analyst estimate of $0.97. Revenue for the quarter came in at $660.96 million versus the consensus estimate of $629.78 million.

The Company has formed a midstream joint venture with a private entity to construct a... More