This article was originally published by TheStreet on November 25, 2014
By Sarfaraz A. Khan
NEW YORK (TheStreet) -- Concho Resources (CXO) is a rare energy stock that remains unswayed, despite more than 20% drops in benchmark West Texas Intermediate and Brent crude prices over the past three months.
The Midland, Texas-based company has planned to accelerate its production growth next year from its properties in the prolific Permian Basin of West Texas and Southeastern New Mexico.
