1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Baron Funds Comments on Concho Resources Inc.

November 22, 2013 | About:

Concho Resources, Inc. (NYSE:CXO) is an independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. Its core operations are focused in the Permian Basin of southeastern New Mexico and west Texas. Concho has an experienced management team that has bought and sold and operated oil and gas properties throughout the Permian Basin for over 30 years. The management has successfully created, built and sold two prior Concho entities to very large entities, creating significant shareholder value. The current incarnation of Concho has been built to grow through a combination of strategic acquisitions and the application of modern drilling and completion techniques to fields that have not previously been exploited using such techniques.

From Ron Baron’s Baron Funds third quarter 2013 letter.


Rating: 2.0/5 (2 votes)

Comments

Please leave your comment:


Performances of the stocks mentioned by


User Generated Screeners


jan.ellsbergerHernhag rev5
jan.ellsbergerHernhag rev4
jan.ellsbergerHernhag rev3
jan.ellsbergerHernhag rev2
jan.ellsbergerHernhag
BoubaPFS Value Sector
18th_bronzemanzz_ultra_alpha_w_div_conservat
eae010Forward Growth Edited
bpatton23L/Cap value
AJPringAP screen102017 NO LOW
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK