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

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$141.87 -2.42 (-1.68 %)
(As of 07/23/2018 11:25 AM ET)
Previous Close$144.92
Today's Range$141.40 - $145.63
52-Week Range$106.73 - $163.11
Volume28,099 shs
Average Volume2.63 million shs
Market Capitalization$21.51 billion
P/E Ratio68.25
Dividend YieldN/A
Beta0.96
Concho Resources logoConcho 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, 2017, its total estimated proved reserves were 840 million barrels of oil equivalent. Concho Resources Inc. was founded in 2006 and is headquartered in Midland, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:CXO
CUSIP20605P10
Phone432-683-7443

Debt

Debt-to-Equity Ratio0.24
Current Ratio0.65
Quick Ratio0.64

Price-To-Earnings

Trailing P/E Ratio68.25
Forward P/E Ratio33.54
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.59 billion
Price / Sales8.18
Cash Flow$9.6314 per share
Price / Cash14.73
Book Value$59.96 per share
Price / Book2.37

Profitability

EPS (Most Recent Fiscal Year)$2.09
Net Income$956 million
Net Margins39.06%
Return on Equity4.34%
Return on Assets2.83%

Miscellaneous

Employees1,203
Outstanding Shares149,070,000
Market Cap$21,509.20

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 were Concho Resources' earnings last quarter?

Concho Resources Inc (NYSE:CXO) released its earnings results on Tuesday, May, 1st. The oil and natural gas company reported $1.00 EPS for the quarter, beating 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 return on equity of 4.34% and a net margin of 39.06%. Concho Resources's quarterly revenue was up 54.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 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 Wednesday, August, 1st 2018. View Earnings Estimates for Concho Resources.

What price target have analysts set for CXO?

25 analysts have issued 12-month price objectives for Concho Resources' stock. Their forecasts range from $130.00 to $220.00. On average, they expect Concho Resources' stock price to reach $174.9565 in the next year. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Ratings 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 7 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Concho Resources' key competitors?

Who are Concho Resources' key executives?

Concho Resources' management team includes the folowing people:
  • Mr. Timothy A. Leach, Chairman & CEO (Age 58)
  • Mr. Jack F. Harper, Pres & CFO (Age 46)
  • Mr. E. Joseph Wright, Exec. VP, COO & Director (Age 58)
  • Mr. C. William Giraud IV, Exec. VP (Age 38)
  • Mr. J. Steve Guthrie, Sr. VP of Bus. Operations & Engineering (Age 56)

Has Concho Resources been receiving favorable news coverage?

Media stories about CXO stock have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Concho Resources earned a coverage optimism score of 0.14 on Accern's scale. They also gave headlines about the oil and natural gas company an impact score of 45.86 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

Who are Concho Resources' major shareholders?

Concho Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include JPMORGAN CHASE & COMPANY (2.30%), Gateway Investment Advisers LLC (0.14%), Retirement Systems of Alabama (0.13%), Nikko Asset Management Americas Inc. (0.04%), Calamos Advisors LLC (0.04%) and Bank of Montreal Can (0.04%). 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.

Which institutional investors are selling Concho Resources stock?

CXO stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Nisa Investment Advisors LLC, Channing Capital Management LLC, Hartford Investment Management Co., Fjarde AP Fonden Fourth Swedish National Pension Fund, Gateway Investment Advisers LLC, Xact Kapitalforvaltning AB and Municipal Employees Retirement System of Michigan. 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.

Which institutional investors are buying Concho Resources stock?

CXO stock was acquired by a variety of institutional investors in the last quarter, including Retirement Systems of Alabama, Cornerstone Wealth Management LLC, Calamos Advisors LLC, SG Capital Management LLC, Nikko Asset Management Americas Inc., State of Alaska Department of Revenue, IFM Investors Pty Ltd and DnB Asset Management AS. 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 $142.36.

How big of a company is Concho Resources?

Concho Resources has a market capitalization of $21.51 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.

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 (star star star)
Outperform Votes:  806 (Vote Outperform)
Underperform Votes:  547 (Vote Underperform)
Total Votes:  1,353
MarketBeat'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 7/23/2018 by MarketBeat.com Staff

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