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) announced its quarterly earnings data on Tuesday, May, 1st. The oil and natural gas company reported $1.00 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.81 by $0.19. The oil and natural gas company had revenue of $947 million for the quarter, compared to analyst estimates of $808.60 million. Concho Resources had a net margin of 39.06% and a return on equity of 4.34%. The company's revenue was up 54.7% on a year-over-year basis. During the same period last year, the business earned $0.49 EPS. 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 target prices for Concho Resources' stock. Their forecasts 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), PETROLEO BRASIL/ADR (PBR), Occidental Petroleum (OXY), 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), Continental Resources (CLR), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL) and Devon Energy (DVN).

Media headlines about CXO stock have trended somewhat negative this week, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Concho Resources earned a coverage optimism score of -0.02 on Accern's scale. They also assigned news coverage about the oil and natural gas company an impact score of 46.70 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Concho Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders 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 $19.59 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]