Concho Resources (CXO): An updated profile and forecast model have been posted under the Sweet 16 Tab.
CXO is my Top Pick in the Permian Basin. Read the profile to find out why.
Concho Resources (CXO)
Concho Resources (CXO)
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: Concho Resources (CXO)
Dan: great looking report. What's your top pick in the Eagle Ford?
tia
tia
Re: Concho Resources (CXO)
EOG is the to large-cap, but DVN may have more upside to the share price.
BTE has some FANTASTIC leasehold in the Eagle Ford and it pays high dividends. Read the Baytex profile.
Others that I like in the Eagle Ford that are more pure plays on the EF: CRZO, ROSE, MTDR, SN and LPI.
PVA is in the Eagle Ford, but I am a bit concern about all of their leverage.
CRK is another small-cap that I like with EF exposure. CRK has none of their gas hedged, so a spike in gas prices will really help their outlook. I just got the updated profile on CRK from Rosanna, our Rice University intern. We should get it posted tomorrow.
BTE has some FANTASTIC leasehold in the Eagle Ford and it pays high dividends. Read the Baytex profile.
Others that I like in the Eagle Ford that are more pure plays on the EF: CRZO, ROSE, MTDR, SN and LPI.
PVA is in the Eagle Ford, but I am a bit concern about all of their leverage.
CRK is another small-cap that I like with EF exposure. CRK has none of their gas hedged, so a spike in gas prices will really help their outlook. I just got the updated profile on CRK from Rosanna, our Rice University intern. We should get it posted tomorrow.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group