NYSE:CXO - Concho Resources Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $110.05 +0.42 (+0.38 %) (As of 03/21/2019 01:49 PM ET)Previous Close$109.63Today's Range$107.66 - $110.0552-Week Range$93.31 - $163.11Volume350,166 shsAverage Volume2.36 million shsMarket Capitalization$22.07 billionP/E Ratio23.98Dividend Yield0.47%Beta1.11 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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 southeast New Mexico and west Texas. As of December 31, 2018, its estimated proved reserves totaled 1.2 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas. 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. 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 Webwww.concho.com Phone432-683-7443Debt Debt-to-Equity Ratio0.22 Current Ratio1.04 Quick Ratio1.01Price-To-Earnings Trailing P/E Ratio23.98 Forward P/E Ratio24.79 P/E Growth0.84 Sales & Book Value Annual Sales$4.15 billion Price / Sales5.32 Cash Flow$11.6950 per share Price / Cash Flow9.41 Book Value$93.56 per share Price / Book1.18Profitability EPS (Most Recent Fiscal Year)$4.59 Net Income$2.29 billion Net Margins55.07% Return on Equity5.69% Return on Assets3.93%Miscellaneous Employees1,503 Outstanding Shares200,590,000Market Cap$22.07 billion Next Earnings Date5/7/2019 (Estimated) OptionableOptionable 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 special dividend on Wednesday, February 20th. Investors of record on Friday, March 1st will be paid a dividend of $0.125 per share on Friday, March 29th. The ex-dividend date of this dividend is Thursday, February 28th. View Concho Resources' Dividend History. How were Concho Resources' earnings last quarter? Concho Resources Inc (NYSE:CXO) announced its earnings results on Tuesday, February, 19th. The oil and natural gas company reported $0.94 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.10 by $0.16. The oil and natural gas company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.16 billion. Concho Resources had a net margin of 55.07% and a return on equity of 5.69%. The business's quarterly revenue was up 36.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.66 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, May 7th 2019. View Earnings Estimates for Concho Resources. What price target have analysts set for CXO? 25 analysts have issued 1 year target prices for Concho Resources' stock. Their forecasts range from $120.00 to $209.00. On average, they anticipate Concho Resources' share price to reach $167.00 in the next year. This suggests a possible upside of 52.9% from the stock's current price. View Analyst Price Targets for Concho Resources. What is the consensus analysts' recommendation for Concho Resources? 25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concho Resources in the last year. There are currently 2 hold ratings, 22 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Concho Resources. What are Wall Street analysts saying about Concho Resources stock? Here are some recent quotes from research analysts about Concho Resources stock: 1. According to Zacks Investment Research, "Concho Resources' core operations are focused in the prolific Permian basin, providing this large-cap E&P with an enviable acreage of low-risk top-tier assets and a multiyear drilling inventory. With the $9.5 billion RSP Permian acquisition, the company has been able to further bolster its scale and leadership position in the region. Moreover, the company decided to initiate a regular quarterly dividend payment of 12.5 cents, which will commence from the first quarter of 2019. Despite all the above-mentioned positives, service cost inflation and lack of geographical diversification keep us on the sidelines. Thus, Concho Resources is expected to have limited upside from current levels and warrants a cautious stance." (11/28/2018) 2. Williams Capital analysts commented, "We reaﬃrm our Buy and CXO remains one of our Top Picks on the expectaon of connued execuon, large free cash ﬂow generaon and further diﬀerenaon from peers." (10/31/2018) Has Concho Resources been receiving favorable news coverage? Press coverage about CXO stock has trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Concho Resources earned a news impact score of 1.0 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. Who are some of Concho Resources' key competitors? Some companies that are related to Concho Resources include CNOOC (CEO), ENI (E), EOG Resources (EOG), Occidental Petroleum (OXY), Ecopetrol (EC), The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), WOODSIDE PET LT/ADR (WOPEY), Pioneer Natural Resources (PXD), Anadarko Petroleum (APC), Sasol (SSL), Diamondback Energy (FANG), Continental Resources (CLR), Rwe Ag Sp (RWEOY) and Marathon Oil (MRO). 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), Boeing (BA), Netflix (NFLX), EOG Resources (EOG), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Chevron (CVX), Caterpillar (CAT) and Celgene (CELG). Who are Concho Resources' key executives? Concho Resources' management team includes the folowing people: Mr. Timothy A. Leach, Chairman & CEO (Age 59)Mr. Jack F. Harper, Pres (Age 47)Mr. C. William Giraud IV, Exec. VP & COO (Age 39)Mr. J. Steve Guthrie, Special Advisor (Age 57)Ms. Brenda R. Schroer, Sr. VP, CFO & Treasurer (Age 42) Who are Concho Resources' major shareholders? Concho Resources' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.81%), FMR LLC (1.70%), Jennison Associates LLC (1.46%), Geode Capital Management LLC (1.27%), Northern Trust Corp (1.15%) and Dimensional Fund Advisors LP (1.02%). Company insiders that own Concho Resources stock include E Joseph Wright, Erick Nelson, Gary A Merriman, Lawrence J Nagy, Lee Price Moncrief, Mark B Puckett, Ray M Poage, Scott Kidwell, Steven L Beal and Timothy A Leach. View Institutional Ownership Trends for Concho Resources. Which major investors are selling Concho Resources stock? CXO stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Carmignac Gestion, FMR LLC, Los Angeles Capital Management & Equity Research Inc., Van ECK Associates Corp, American Century Companies Inc., Hodges Capital Management Inc. and Lord Abbett & CO. LLC. Company insiders that have sold Concho Resources company stock in the last year include Erick Nelson, Lee Price Moncrief, Scott Kidwell and Steven L Beal. View Insider Buying and Selling for Concho Resources. Which major investors are buying Concho Resources stock? CXO stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, BlackRock Inc., SailingStone Capital Partners LLC, Perella Weinberg Partners Capital Management LP, APG Asset Management N.V., CI Investments Inc., Geode Capital Management LLC and Weiss Multi Strategy Advisers LLC. Company insiders that have bought Concho Resources stock in the last two years include Gary A Merriman and Mark B Puckett. 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, Scottrade, Fidelity and Charles Schwab. What is Concho Resources' stock price today? One share of CXO stock can currently be purchased for approximately $109.22. How big of a company is Concho Resources? Concho Resources has a market capitalization of $21.91 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. 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: 960 (Vote Outperform)Underperform Votes: 622 (Vote Underperform)Total Votes: 1,582MarketBeat'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 3/21/2019 by MarketBeat.com StaffFeatured Article: How Do You Calculate Return on Investment (ROI)?