InvestorsHub Logo
Followers 123
Posts 7286
Boards Moderated 0
Alias Born 07/06/2012

Re: TheFinalCD post# 36

Saturday, 05/09/2015 2:20:49 PM

Saturday, May 09, 2015 2:20:49 PM

Post# of 54
In the first quarter, Concho has been posting losses of roughly $100 million before the consideration of income taxes, at a time when WTI prices came in at $50 per barrel. The recent run-up towards the $60 mark might cut these losses to a range of $0-$50 million per quarter.

Purely My Own Opinion. Do Your Own Due Diligence.

“Formula for success: rise early, work hard, strike oil.” - J. Paul Getty