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) issued its quarterly earnings data on Tuesday, May, 1st. The oil and natural gas company reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.19. The oil and natural gas company earned $947 million during the quarter, compared to the consensus estimate of $808.60 million. Concho Resources had a net margin of 39.06% and a return on equity of 4.34%. Concho Resources's revenue for the quarter was up 54.7% compared to the same quarter last year. During the same quarter in the previous year, the firm 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.

24 brokerages have issued twelve-month price targets for Concho Resources' shares. Their predictions range from $130.00 to $217.00. On average, they anticipate Concho Resources' share price to reach $172.3043 in the next twelve months. This suggests a possible upside of 17.3% from the stock's current price. View Analyst Ratings for Concho Resources.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concho Resources in the last year. There are currently 7 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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

News coverage about CXO stock has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Concho Resources earned a news sentiment score of 0.13 on Accern's scale. They also assigned press coverage about the oil and natural gas company an impact score of 45.04 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Concho Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include JPMORGAN CHASE & COMPANY (2.30%), Gateway Investment Advisers LLC (0.14%), Bank of Montreal Can (0.04%), Fjarde AP Fonden Fourth Swedish National Pension Fund (0.03%), State of Alaska Department of Revenue (0.02%) and DnB Asset Management AS (0.01%). 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 Bank of Montreal Can, Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC and Xact Kapitalforvaltning AB. 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 acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC, State of Alaska Department of Revenue, IFM Investors Pty Ltd and DnB Asset Management AS. 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 $146.92.

Concho Resources has a market capitalization of $22.07 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]