How were Concho Resources' earnings last quarter?

Concho Resources Inc. (NYSE:CXO) released its earnings results on Tuesday, October, 27th. The oil and natural gas company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. The oil and natural gas company had revenue of $834 million for the quarter, compared to analyst estimates 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%.

Is Concho Resources a good dividend stock?

Concho Resources (NYSE:CXO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.22%. The dividend payout ratio is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXO will have a dividend payout ratio of 18.26% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CXO .

What is Timothy A. Leach's approval rating as Concho Resources' CEO?

45 employees have rated Concho Resources Chief Executive Officer Timothy A. Leach on Glassdoor.com . Timothy A. Leach has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Concho Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Concho Resources investors own include Alibaba Group (BABA) , Intel (INTC) , Micron Technology (MU) , Boeing (BA) , Cisco Systems (CSCO) , Netflix (NFLX) , NVIDIA (NVDA) , Devon Energy (DVN) , Chevron (CVX) and EOG Resources (EOG) .

NYSE:CXO

Concho Resources (CXO) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $64.60
▼
$69.12
50-Day Range: $56.89
▼
$69.80
52-Week Range: $33.13
▼
$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

Stock Analysis

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About Concho Resources Stock (NYSE:CXO)

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.

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CXO Stock News Headlines

April 17, 2024 | msn.com

Concho Valley Turning Point: Empowering Lives, Rebuilding Futures

October 23, 2023 | finance.yahoo.com

Henry Resources' Jim Henry, Permian Basin Wildcatter, Dies at 89

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

May 26, 2023 | technews.tmcnet.com

ConocoPhillips Provides Notice that it is Exercising its Preemption Right to Purchase the Remaining 50% Interest in Surmont

May 5, 2023 | marketwatch.com

Size & Share | Pharmaceutical CXO Market by 2030

April 25, 2023 | finance.yahoo.com

CXO Communication Appoints Dani Peroni Managing Director

April 6, 2023 | nytimes.com

Track Covid-19 in Concho County, Texas

January 13, 2023 | yahoo.com

Concho, United States - Weather Forecasts | Maps | News - Yahoo Weather

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

November 26, 2022 | thestreet.com

David Einhorn Hates Fracking but Not Oil or Energy Stocks

October 10, 2022 | thestreet.com

Jim Cramer's Stop Trading: Permian Basin Is 'Red Hot'

August 3, 2022 | forbes.com

Crossing The Chasm Between S&OP And Autonomous Planning

July 9, 2022 | thestreet.com

Cramer's 6 Stocks in 60 Seconds: RDN EMC DLTR PCP CRM CXO (Update1)

June 18, 2022 | thestreet.com

4 Possible Oil and Gas Combinations in the Red-Hot Permian Basin

May 7, 2022 | msn.com

MCRD Educators Workshop: Day 4

April 19, 2022 | msn.com

Twitter Takeover, Board Diversity Hits A Speed Bump And More For C-Suite Leaders

March 8, 2022 | finance.yahoo.com

ConocoPhillips Announces Upsizing and Early Results of Cash Tender Offer

March 3, 2022 | uk.investing.com

6 Of The Best Energy Stocks To Buy And Hold As Oil Prices Surge

September 26, 2021 | benzinga.com

CXO FINAL DEADLINE TUESDAY: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Concho Resources Inc. Investors with Losses to Secure Counsel Before Important September 28 Deadline in Securities Class Action – CXO

September 22, 2021 | finance.yahoo.com

CONCHO Resources Investor Alert: Shareholder Lawsuit Deadline Approaching

September 21, 2021 | prnewswire.com

SEPTEMBER 28, 2021 CXO INVESTOR FILING DEADLINE: Bernstein Liebhard Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Concho Resources Inc.

September 21, 2021 | feeds.benzinga.com

DEADLINE ALERT for CXO, ZY, YALA, LIVE, : Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

September 20, 2021 | prnewswire.com

CXO INVESTOR NEWS: ROSEN, LEADING INVESTOR COUNSEL, Encourages Concho Resources Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important September 28 Deadline in Securities Class Action - CXO

September 20, 2021 | markets.businessinsider.com

CXO INVESTOR NEWS: ROSEN, LEADING INVESTOR COUNSEL, Encourages Concho Resources Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important September 28 Deadline in Securities Cl...

September 15, 2021 | apnews.com

ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Concho Resources Inc. Investors with Losses ...

September 15, 2021 | benzinga.com

DEADLINE ALERT for CXO, ZY, YALA, LIVE: Law Offices of Howard G. Smith Reminds Investors of Class Actions on Behalf of Shareholders

September 13, 2021 | prnewswire.com

ROSEN, LEADING INVESTOR COUNSEL, Encourages Concho Resources Inc. Investors with Losses to Secure Counsel Before Important September 28 Deadline in Securities Class Action - CXO

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Company Calendar

Last Earnings: 10/27/2020
Today: 4/19/2024

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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

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Key Executives

Mr. Timothy A. Leach (Age 61)
Chairman & CEO
Comp: $2.47M
Mr. Jack F. Harper (Age 49)
Pres
Comp: $1.38M
Ms. Brenda R. Schroer (Age 45)
Sr. VP, CFO & Treasurer
Comp: $831.87k
Mr. C. William Giraud IV (Age 41)
Exec. VP & COO
Comp: $1.22M
Mr. Travis L. Counts (Age 43)
Sr. VP, Gen. Counsel & Corp. Sec.
Comp: $870.76k
Mr. Jacob P. Gobar (Age 40)
VP & Chief Accounting Officer
Mr. Kang Chen
VP & Chief Information Officer
Mr. Scott Kidwell (Age 53)
Sr. VP of Admin.
Ms. Megan P. Hays
VP of Investor Relations & Public Affairs
Ms. Gayle L. Burleson (Age 55)
Sr. VP of Bus. Devel. & Land

Key Competitors

View All Competitors

CXO Stock Analysis - Frequently Asked Questions

How were Concho Resources' earnings last quarter?: Concho Resources Inc. (NYSE:CXO) released its earnings results on Tuesday, October, 27th. The oil and natural gas company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.14 by $0.29. The oil and natural gas company had revenue of $834 million for the quarter, compared to analyst estimates 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%.
Is Concho Resources a good dividend stock?: Concho Resources (NYSE:CXO) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.22%. The dividend payout ratio is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CXO will have a dividend payout ratio of 18.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CXO.
What is Timothy A. Leach's approval rating as Concho Resources' CEO?: 45 employees have rated Concho Resources Chief Executive Officer Timothy A. Leach on Glassdoor.com. Timothy A. Leach has an approval rating of 82% among the company's employees.
What other stocks do shareholders of Concho Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Concho Resources investors own include Alibaba Group (BABA), Intel (INTC), Micron Technology (MU), Boeing (BA), Cisco Systems (CSCO), Netflix (NFLX), NVIDIA (NVDA), Devon Energy (DVN), Chevron (CVX) and EOG Resources (EOG).

This page (NYSE:CXO) was last updated on 4/19/2024 by MarketBeat.com Staff

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Concho Resources (CXO) Stock Price, News & Analysis

About Concho Resources Stock (NYSE:CXO)

CXO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CXO Stock Analysis - Frequently Asked Questions

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