Concho Resources (CXO) Stock Price, News & Analysis

Company Overview

As of January 15, 2021, Concho Resources Inc. was acquired by ConocoPhillips. Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company's principal operating areas are located in the Permian Basin of West Texas and southeast New Mexico. As of December 31, 2019, its estimated proved reserves totaled 1.0 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas.

Key Stats

• Today's Range: $64.60 to $69.12
• 50-Day Range: $56.89 to $69.80
• 52-Week Range: $33.13 to $91.06
• Volume: 18.05 million shs
• Average Volume: 3.61 million shs
• Market Capitalization: $12.88 billion
• P/E Ratio: N/A
• Dividend Yield: 1.22%
• Price Target: N/A
• Consensus Rating: N/A

CXO Stock Analysis - Frequently Asked Questions

How were Concho Resources' earnings last quarter?

Concho Resources Inc. (NYSE:CXO) posted its earnings results on Tuesday, October, 27th. The oil and natural gas company reported $1.43 EPS for the quarter, topping analysts' consensus estimates of $1.14 by $0.29. The oil and natural gas company had revenue of $834 million for the quarter, compared to analysts' expectations of $926.73 million. Concho Resources had a negative net margin of 294.71% and a positive trailing twelve-month return on equity of 8.15%.

What other stocks do shareholders of Concho Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Concho Resources investors own include Micron Technology (MU), Alibaba Group (BABA), Meta Platforms (META), Devon Energy (DVN), EOG Resources (EOG), Bristol-Myers Squibb (BMY) and Chevron (CVX).

Company Calendar

• Last Earnings: 10/27/2020
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:CXO
• CUSIP: 20605P10
• CIK: 1358071
• Web: www.concho.com
• Phone: 432-683-7443
• Fax: N/A
• Employees: 1,453
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.05
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.29
• P/E Growth: 1.16
• Net Income: $-705,000,000.00
• Net Margins: -294.71%
• Pretax Margin: N/A
• Return on Equity: 8.15%
• Return on Assets: 5.36%

Debt

• Debt-to-Equity Ratio: 0.50
• Current Ratio: 1.73
• Quick Ratio: 1.69

Sales & Book Value

• Annual Sales: $4.59 billion
• Price / Sales: 2.80
• Cash Flow: $14.20 per share
• Price / Cash Flow: 4.62
• Book Value: $88.46 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 196,305,000
• Free Float: N/A
• Market Cap: $12.88 billion
• Optionable: Optionable
• Beta: 1.98