"Among the many oil producers poised for fast-paced Permian growth is Concho Resources (NYSE:CXO). The Permian pure play is on pace to deliver 24% to 26% production growth this year while living within cash flow, which is a fast pace for a company that produced an average of 150,500 BOE/D last year. Furthermore, Concho Resources anticipates that it can increase its output by a 20% compound annual rate through 2020 while living within cash flow at around current prices thanks to the high level of returns and low costs of the legacy oil play."
Read full article: https://www.fool.com/investing/2017/09/ ... yptr=yahoo
Other Sweet 16 in the Permian Basin are: CPE, XEC, DVN, EOG, FANG, PE, PDCE, PXD and RSPP
Concho Resources (CXO)
Concho Resources (CXO)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group