NYSE:CXO - Concho Resources Stock Price, Price Target & More

Concho Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXO."

Concho Resources Inc (NYSE:CXO) posted its earnings results on Tuesday, May, 1st. The oil and natural gas company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.81 by $0.19. The oil and natural gas company had revenue of $947 million for the quarter, compared to the consensus estimate of $808.60 million. Concho Resources had a return on equity of 4.34% and a net margin of 39.06%. The business's quarterly revenue was up 54.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.49 earnings per share. View Concho Resources' Earnings History.

Concho Resources is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Concho Resources.

22 analysts have issued 12 month price objectives for Concho Resources' shares. Their predictions range from $130.00 to $217.00. On average, they expect Concho Resources' share price to reach $173.00 in the next twelve months. View Analyst Ratings for Concho Resources.

Some companies that are related to Concho Resources include CNOOC (CEO), EOG Resources (EOG), ENI (E), Occidental Petroleum (OXY), PETROLEO BRASIL/ADR (PBR), PETROLEO BRASIL/RED PFD sh (PBR.A), Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Continental Resources (CLR), Sasol (SSL) and Devon Energy (DVN).

Media stories about CXO stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Concho Resources earned a media sentiment score of 0.07 on Accern's scale. They also gave news stories about the oil and natural gas company an impact score of 45.49 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Concho Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.64%), JPMorgan Chase & Co. (3.03%), JPMORGAN CHASE & COMPANY (2.30%), Artisan Partners Limited Partnership (1.27%), Northern Trust Corp (1.17%) and Dimensional Fund Advisors LP (0.96%). Company insiders that own Concho Resources stock include Adam Robert Travis, Brenda R Schroer, E Joseph Wright, J Steve Guthrie, Lawrence J Nagy, Ray M Poage and Timothy A Leach. View Institutional Ownership Trends for Concho Resources.

CXO stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Artisan Partners Limited Partnership, State of Wisconsin Investment Board, State of Tennessee Treasury Department, Amundi Pioneer Asset Management Inc., OppenheimerFunds Inc., Swiss National Bank and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp. Company insiders that have sold Concho Resources company stock in the last year include E Joseph Wright, Ray M Poage and Timothy A Leach. View Insider Buying and Selling for Concho Resources.

CXO stock was purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Massachusetts Financial Services Co. MA, BlackRock Inc., DekaBank Deutsche Girozentrale, Royal Bank of Canada, Highland Capital Management LP, Franklin Resources Inc. and Banque Pictet & Cie SA. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of CXO stock can currently be purchased for approximately $127.36.

Concho Resources has a market capitalization of $18.55 billion and generates $2.59 billion in revenue each year. The oil and natural gas company earns $956 million in net income (profit) each year or $2.09 on an earnings per share basis. Concho Resources employs 1,203 workers across the globe.

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]