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NYSE:CXO

Concho Resources (CXO) Stock Price, News & Analysis

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

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.

CXO Stock News Headlines

Track Covid-19 in Concho County, Texas
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Company Calendar

Last Earnings
10/27/2020
Today
5/22/2024

Industry, Sector and Symbol

Industry
Crude Petroleum & Natural Gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
20605P10
Fax
N/A
Employees
1,453
Year Founded
N/A

Profitability

Net Income
$-705,000,000.00
Net Margins
-294.71%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$4.59 billion
Cash Flow
$14.20 per share
Book Value
$88.46 per share

Miscellaneous

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

CXO Stock Analysis - Frequently Asked Questions

How were Concho Resources' earnings last quarter?

Concho Resources Inc. (NYSE:CXO) announced its earnings results on Tuesday, October, 27th. The oil and natural gas company reported $1.43 earnings per share for the quarter, beating 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 the consensus estimate 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 5/23/2024 by MarketBeat.com Staff

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