Stockchase Opinions

David Burrows Concho Resources CXO-N PAST TOP PICK Jul 09, 2015

(A Top Pick July 24/14. Down 25.58%.) Coming into the summer of last year, 40% of his portfolios were in producers, service companies and pipelines. On July 6 his model turned lower. Over the course of July and August, all of his producers had to come out of the portfolio. Then through the fall, the pipelines came out.

$109.490

Stock price when the opinion was issued

Oil and Gas (Integrated Oils)
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TOP PICK

For every dollar in the ground they find 2.3 dollars of oil. 20-30% production growth and 8% reduction in production cost per year. They have a lot of opportunity going forward.