NYSE:CXO - Concho Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Concho Resources Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $76.89 +0.39 (+0.51 %) (As of 12/9/2019 11:38 AM ET) Add Compare Today's Range$75.52Now: $76.89▼$77.0450-Day Range$62.45MA: $70.25▼$76.5052-Week Range$61.37Now: $76.89▼$126.78Volume24,834 shsAverage Volume1.45 million shsMarket Capitalization$15.46 billionP/E Ratio16.75Dividend Yield0.65%Beta1.28 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Concho Resources, Inc engages in the acquisition, development and exploration of oil and natural gas properties. Its operations include Delaware Basin, and Midland Basin. The company was founded on February 22, 2006 and is headquartered in Midland, TX. Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:CXO Previous Symbol CUSIP20605P10 CIK1358071 Webhttp://www.concho.com/ Phone432-683-7443Debt Debt-to-Equity Ratio0.23 Current Ratio1.51 Quick Ratio1.48Price-To-Earnings Trailing P/E Ratio16.75 Forward P/E Ratio27.66 P/E GrowthN/A Sales & Book Value Annual Sales$4.15 billion Price / Sales3.72 Cash Flow$11.37 per share Price / Cash Flow6.76 Book Value$93.56 per share Price / Book0.82Profitability EPS (Most Recent Fiscal Year)$4.59 Net Income$2.29 billion Net Margins28.98% Return on Equity3.24% Return on Assets2.28%Miscellaneous Employees1,503 Outstanding Shares201,030,000Market Cap$15.46 billion Next Earnings Date2/18/2020 (Estimated) OptionableOptionable Receive CXO News and Ratings via Email Sign-up to receive the latest news and ratings for CXO and its competitors with MarketBeat's FREE daily newsletter. CXO Rates by TradingView Concho Resources (NYSE:CXO) Frequently Asked Questions What is Concho Resources' stock symbol? Concho Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXO." How often does Concho Resources pay dividends? What is the dividend yield for Concho Resources? Concho Resources declared a quarterly dividend on Tuesday, October 29th. Stockholders of record on Friday, November 8th will be paid a dividend of $0.125 per share on Friday, December 20th. This represents a $0.50 annualized dividend and a dividend yield of 0.65%. The ex-dividend date of this dividend is Thursday, November 7th. View Concho Resources' Dividend History. How were Concho Resources' earnings last quarter? Concho Resources Inc (NYSE:CXO) issued its earnings results on Tuesday, October, 29th. The oil and natural gas company reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.66 by $0.05. The oil and natural gas company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Concho Resources had a net margin of 28.98% and a return on equity of 3.24%. The business's revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.42 earnings per share. View Concho Resources' Earnings History. When is Concho Resources' next earnings date? Concho Resources is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Concho Resources. What price target have analysts set for CXO? 24 analysts have issued 12-month price targets for Concho Resources' stock. Their forecasts range from $62.00 to $196.00. On average, they expect Concho Resources' share price to reach $117.00 in the next twelve months. This suggests a possible upside of 52.2% from the stock's current price. View Analyst Price Targets for Concho Resources. What is the consensus analysts' recommendation for Concho Resources? 24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concho Resources in the last year. There are currently 1 sell rating, 5 hold ratings, 16 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Concho Resources. Has Concho Resources been receiving favorable news coverage? Media headlines about CXO stock have been trending somewhat negative on Monday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Concho Resources earned a news impact score of -1.0 on InfoTrie's scale. They also assigned media coverage about the oil and natural gas company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Concho Resources. Who are some of Concho Resources' key competitors? Some companies that are related to Concho Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), Kosmos Energy (KOS), EQT (EQT) and Matador Resources (MTDR). 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), Micron Technology (MU), Netflix (NFLX), Boeing (BA), NVIDIA (NVDA), Baidu (BIDU), EOG Resources (EOG), Diamondback Energy (FANG), Chevron (CVX) and Gilead Sciences (GILD). Who are Concho Resources' key executives? Concho Resources' management team includes the folowing people: Tim Leach, Chairman & Chief Executive OfficerJack F. Harper, PresidentWill Giraud, Chief Operating Officer & Executive Vice PresidentBrenda R. Schroer, Chief Financial Officer, Treasurer & Senior VPKang Chen, Chief Information Officer & Vice President Who are Concho Resources' major shareholders? Concho Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (4.80%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), Millennium Management LLC (0.28%), Point72 Asset Management L.P. (0.27%), California Public Employees Retirement System (0.22%) and Hexavest Inc. (0.19%). Company insiders that own Concho Resources stock include Brenda R Schroer, E Joseph Wright, Erick Nelson, Gary A Merriman, Jack F Harper, Lee Price Moncrief, Mark B Puckett, Ray M Poage, Scott Kidwell, Steven D Gray, Steven L Beal, Susan J Helms and Timothy A Leach. View Institutional Ownership Trends for Concho Resources. Which institutional investors are selling Concho Resources stock? CXO stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Strs Ohio, State Street Corp, Russell Investments Group Ltd., First Trust Advisors LP, Great West Life Assurance Co. Can, Tower Research Capital LLC TRC and CIBC Asset Management Inc. Company insiders that have sold Concho Resources company stock in the last year include Scott Kidwell, Steven D Gray, Steven L Beal and Timothy A Leach. View Insider Buying and Selling for Concho Resources. Which institutional investors are buying Concho Resources stock? CXO stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Point72 Asset Management L.P., California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Voloridge Investment Management LLC, Caymus Capital Partners L.P., Garner Asset Management Corp and State of Alaska Department of Revenue. Company insiders that have bought Concho Resources stock in the last two years include Brenda R Schroer, Gary A Merriman, Jack F Harper, Mark B Puckett and Susan J Helms. View Insider Buying and Selling for Concho Resources. How do I buy shares of Concho Resources? Shares of CXO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is Concho Resources' stock price today? One share of CXO stock can currently be purchased for approximately $76.89. How big of a company is Concho Resources? Concho Resources has a market capitalization of $15.46 billion and generates $4.15 billion in revenue each year. The oil and natural gas company earns $2.29 billion in net income (profit) each year or $4.59 on an earnings per share basis. Concho Resources employs 1,503 workers across the globe.View Additional Information About Concho Resources. What is Concho Resources' official website? The official website for Concho Resources is http://www.concho.com/. How can I contact Concho Resources? Concho Resources' mailing address is 600 WEST ILLINOIS AVENUE, MIDLAND TX, 79701. The oil and natural gas company can be reached via phone at 432-683-7443 or via email at [email protected] MarketBeat Community Rating for Concho Resources (NYSE CXO)Community Ranking: 3.0 out of 5 ( )Outperform Votes: 1,027 (Vote Outperform)Underperform Votes: 681 (Vote Underperform)Total Votes: 1,708MarketBeat's community ratings are surveys of what our community members think about Concho Resources and other stocks. Vote "Outperform" if you believe CXO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CXO will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 12/9/2019 by MarketBeat.com StaffFeatured Article: Cost of Debt