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Concho Resources (CXO)
Posted: Mon Nov 10, 2014 3:48 pm
by dan_s
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.
Re: Concho Resources (CXO)
Posted: Mon Nov 10, 2014 4:39 pm
by mikelp
Dan: great looking report. What's your top pick in the Eagle Ford?
tia
Re: Concho Resources (CXO)
Posted: Mon Nov 10, 2014 4:52 pm
by dan_s
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.