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MIDLAND, Texas (AP) _ Concho Resources Inc. (CXO) on Wednesday reported third-quarter earnings of $305.2 million.
On a per-share basis, the Midland, Texas-based company said it had net income of $2.69. Earnings, adjusted for non-recurring gains, came to $1.09 per share.
The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
The independent oil and gas company posted revenue of $700.3 million in the period, missing Street forecasts. Analysts expected $705.6 million, according to Zacks.
Concho Resources shares have dropped slightly more than 1 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $106.49, a decrease of slightly more than 4 percent in the last 12 months.
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This story was generated by Automated Insights using data from Zacks Investment Research. CXO stock research report from Zacks.
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Keywords:Concho Resources,Earnings Report
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Concho Resources Inc.
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CODE : CXO |
ISIN : US20605P1012 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Concho Resources est une société d’exploration minière basée aux Etats-Unis D'Amerique. Concho Resources est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 9,6 milliards US$ (7,9 milliards €). La valeur de son action a atteint son plus haut niveau récent le 05 juillet 2019 à 99,97 US$, et son plus bas niveau récent le 15 janvier 2021 à 65,60 US$. Concho Resources possède 146 059 000 actions en circulation. |