S&P 500   2,591.98 (+4.15%)
DOW   21,976.68 (+4.39%)
QQQ   190.50 (+3.89%)
AAPL   251.59 (+4.22%)
FB   160.00 (+3.77%)
MSFT   159.25 (+3.52%)
GOOGL   1,131.05 (+3.51%)
AMZN   1,935.94 (+1.54%)
NVDA   256.46 (+5.15%)
BABA   193.68 (+3.51%)
MU   44.16 (+7.13%)
GE   7.04 (+4.45%)
TSLA   504.55 (+5.11%)
AMD   44.70 (+4.95%)
T   28.44 (+3.53%)
ACB   0.83 (+2.47%)
F   4.48 (+5.66%)
NFLX   369.03 (+2.01%)
BAC   21.14 (+5.54%)
GILD   78.13 (-0.10%)
DIS   95.87 (+2.12%)
S&P 500   2,591.98 (+4.15%)
DOW   21,976.68 (+4.39%)
QQQ   190.50 (+3.89%)
AAPL   251.59 (+4.22%)
FB   160.00 (+3.77%)
MSFT   159.25 (+3.52%)
GOOGL   1,131.05 (+3.51%)
AMZN   1,935.94 (+1.54%)
NVDA   256.46 (+5.15%)
BABA   193.68 (+3.51%)
MU   44.16 (+7.13%)
GE   7.04 (+4.45%)
TSLA   504.55 (+5.11%)
AMD   44.70 (+4.95%)
T   28.44 (+3.53%)
ACB   0.83 (+2.47%)
F   4.48 (+5.66%)
NFLX   369.03 (+2.01%)
BAC   21.14 (+5.54%)
GILD   78.13 (-0.10%)
DIS   95.87 (+2.12%)
S&P 500   2,591.98 (+4.15%)
DOW   21,976.68 (+4.39%)
QQQ   190.50 (+3.89%)
AAPL   251.59 (+4.22%)
FB   160.00 (+3.77%)
MSFT   159.25 (+3.52%)
GOOGL   1,131.05 (+3.51%)
AMZN   1,935.94 (+1.54%)
NVDA   256.46 (+5.15%)
BABA   193.68 (+3.51%)
MU   44.16 (+7.13%)
GE   7.04 (+4.45%)
TSLA   504.55 (+5.11%)
AMD   44.70 (+4.95%)
T   28.44 (+3.53%)
ACB   0.83 (+2.47%)
F   4.48 (+5.66%)
NFLX   369.03 (+2.01%)
BAC   21.14 (+5.54%)
GILD   78.13 (-0.10%)
DIS   95.87 (+2.12%)
S&P 500   2,591.98 (+4.15%)
DOW   21,976.68 (+4.39%)
QQQ   190.50 (+3.89%)
AAPL   251.59 (+4.22%)
FB   160.00 (+3.77%)
MSFT   159.25 (+3.52%)
GOOGL   1,131.05 (+3.51%)
AMZN   1,935.94 (+1.54%)
NVDA   256.46 (+5.15%)
BABA   193.68 (+3.51%)
MU   44.16 (+7.13%)
GE   7.04 (+4.45%)
TSLA   504.55 (+5.11%)
AMD   44.70 (+4.95%)
T   28.44 (+3.53%)
ACB   0.83 (+2.47%)
F   4.48 (+5.66%)
NFLX   369.03 (+2.01%)
BAC   21.14 (+5.54%)
GILD   78.13 (-0.10%)
DIS   95.87 (+2.12%)
Log in

NYSE:CXOConcho Resources Stock Price, Forecast & News

$48.35
+0.57 (+1.19 %)
(As of 04/6/2020 09:49 AM ET)
Add
Compare
Today's Range
$47.21
Now: $48.35
$48.86
50-Day Range
$36.00
MA: $58.06
$82.45
52-Week Range
$33.13
Now: $48.35
$124.53
Volume44,799 shs
Average Volume4.14 million shs
Market Capitalization$9.51 billion
P/E RatioN/A
Dividend Yield1.67%
Beta1.74
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.
Read More
Concho Resources logo

Beat the Market (BTM) Rank

Analyst Opinion: 4.4Community Rank: 3.0Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.30 out of 5 stars


Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP20605P10
Phone432-683-7443

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$4.59 billion
Cash Flow$14.39 per share
Book Value$88.46 per share

Profitability

Net Income$-705,000,000.00

Miscellaneous

Employees1,453
Market Cap$9.51 billion
Next Earnings Date5/5/2020 (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.


Concho Resources (NYSE:CXO) Frequently Asked Questions

How has Concho Resources' stock been impacted by COVID-19 (Coronavirus)?

Concho Resources' stock was trading at $46.32 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CXO shares have increased by 4.4% and is now trading at $48.35. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Concho Resources?

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Concho Resources in the last year. There are currently 6 hold ratings and 16 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Concho Resources.

When is Concho Resources' next earnings date?

Concho Resources is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Concho Resources.

How were Concho Resources' earnings last quarter?

Concho Resources Inc (NYSE:CXO) released its quarterly earnings results on Tuesday, February, 18th. The oil and natural gas company reported $1.03 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.79 by $0.24. The oil and natural gas company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.17 billion. Concho Resources had a negative net margin of 15.35% and a positive return on equity of 3.38%. The business's revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.94 earnings per share. View Concho Resources' earnings history.

How often does Concho Resources pay dividends? What is the dividend yield for Concho Resources?

Concho Resources announced a quarterly dividend on Tuesday, February 18th. Investors of record on Friday, February 28th will be paid a dividend of $0.20 per share on Friday, March 27th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date of this dividend is Thursday, February 27th. This is an increase from Concho Resources's previous quarterly dividend of $0.13. View Concho Resources' dividend history.

What price target have analysts set for CXO?

22 brokers have issued twelve-month price targets for Concho Resources' stock. Their forecasts range from $38.00 to $188.00. On average, they anticipate Concho Resources' stock price to reach $94.05 in the next year. This suggests a possible upside of 94.5% from the stock's current price. View analysts' price targets for Concho Resources.

Has Concho Resources been receiving favorable news coverage?

Press coverage about CXO stock has trended very negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Concho Resources earned a coverage optimism score of -3.3 on InfoTrie's scale. They also assigned news articles about the oil and natural gas company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutConcho Resources.

Are investors shorting Concho Resources?

Concho Resources saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 7,687,500 shares, an increase of 18.6% from the February 27th total of 6,480,000 shares. Based on an average daily volume of 2,110,000 shares, the days-to-cover ratio is presently 3.6 days. Approximately 4.0% of the company's shares are sold short. View Concho Resources' Current Options Chain.

Who are some of Concho Resources' key competitors?

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), Netflix (NFLX), Boeing (BA), EOG Resources (EOG), Gilead Sciences (GILD), Micron Technology (MU), NVIDIA (NVDA), Chevron (CVX), Occidental Petroleum (OXY) and Pioneer Natural Resources (PXD).

Who are Concho Resources' key executives?

Concho Resources' management team includes the following people:
  • Tim Leach, Chairman & Chief Executive Officer
  • Jack F. Harper, President
  • Will Giraud, Chief Operating Officer & Executive Vice President
  • Brenda R. Schroer, Chief Financial Officer, Treasurer & Senior VP
  • Kang Chen, Chief Information Officer & Vice President

What is Concho Resources' stock symbol?

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

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 $48.35.

How big of a company is Concho Resources?

Concho Resources has a market capitalization of $9.51 billion and generates $4.59 billion in revenue each year. The oil and natural gas company earns $-705,000,000.00 in net income (profit) each year or $3.05 on an earnings per share basis. Concho Resources employs 1,453 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]

This page was last updated on 4/6/2020 by MarketBeat.com Staff

Featured Article: P/E Growth (PEG)

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel