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NYSE:CXO

Concho Resources Stock Forecast, Price & News

Notice: This company has been marked as potentially delisted and may not be actively trading.
$65.60
0.00 (0.00 %)
(As of 01/15/2021)
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Today's Range
$64.60
$69.12
50-Day Range
$56.89
$69.80
52-Week Range
$33.13
$91.06
Volume18.05 million shs
Average Volume3.61 million shs
Market Capitalization$12.88 billion
P/E RatioN/A
Dividend Yield1.22%
Beta1.98

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Concho Resources logo

About Concho Resources

As of January 15, 2021, Concho Resources Inc. was acquired by ConocoPhillips. 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 West Texas and southeast New Mexico. As of December 31, 2019, its estimated proved reserves totaled 1.0 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas.

Headlines

Dodge & Cox Continues to Cap APA
Dodge & Cox Continues to Cap APA
April 13, 2021 |  uk.finance.yahoo.com
Concho Resources Inc
Concho Resources Inc
January 23, 2021 |  cnbc.com
Wednesday Sector Laggards: Energy, Utilities
Wednesday Sector Laggards: Energy, Utilities
January 22, 2021 |  nasdaq.com
ConocoPhillips Completes Acquisition of Concho Resources
ConocoPhillips Completes Acquisition of Concho Resources
January 15, 2021 |  businesswire.com
(CY86V.NX)
(CY86V.NX)
January 3, 2021 |  sg.finance.yahoo.com
First Week of CXO February 2021 Options Trading
First Week of CXO February 2021 Options Trading
December 23, 2020 |  nasdaq.com
CXO Dec 2020 64.500 call
CXO Dec 2020 64.500 call
December 23, 2020 |  in.finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
CUSIP20605P10
Phone432-683-7443
Employees1,453
Year FoundedN/A

Sales & Book Value

Annual Sales$4.59 billion
Cash Flow$14.20 per share
Book Value$88.46 per share

Profitability

Net Income$-705,000,000.00
Net Margins-294.71%

Debt

Price-To-Earnings

Miscellaneous

Market Cap$12.88 billion
Next Earnings DateN/A
OptionableOptionable

MarketRank

Overall MarketRank

1.65 out of 5 stars

Oils/Energy Sector

89th out of 665 stocks

Crude Petroleum & Natural Gas Industry

34th out of 247 stocks

Analyst Opinion: 1.3Community Rank: 3.0Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Concho Resources (NYSE:CXO) Frequently Asked Questions

Is Concho Resources a buy right now?

21 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Concho Resources in the last year. There are currently 9 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Concho Resources stock.
View analyst ratings for Concho Resources
or view top-rated stocks.

What stocks does MarketBeat like better than Concho Resources?

Wall Street analysts have given Concho Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Concho Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

How were Concho Resources' earnings last quarter?

Concho Resources Inc. (NYSE:CXO) released its quarterly earnings data on Tuesday, October, 27th. The oil and natural gas company reported $1.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.14 by $0.29. The oil and natural gas company earned $834 million during the quarter, compared to analysts' expectations of $926.73 million. Concho Resources had a negative net margin of 294.71% and a positive trailing twelve-month return on equity of 8.15%.
View Concho Resources' earnings history
.

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

Concho Resources declared a quarterly dividend on Tuesday, October 27th. Investors of record on Friday, November 6th will be paid a dividend of $0.20 per share on Friday, December 18th. This represents a $0.80 annualized dividend and a yield of 1.22%. The ex-dividend date is Thursday, November 5th.
View Concho Resources' dividend history
.

Is Concho Resources a good dividend stock?

Concho Resources pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.22%. The dividend payout ratio of Concho Resources is 26.23%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Concho Resources will have a dividend payout ratio of 18.26% next year. This indicates that Concho Resources will be able to sustain or increase its dividend.
View Concho Resources' dividend history.

What price target have analysts set for CXO?

21 Wall Street analysts have issued 12 month price targets for Concho Resources' stock. Their forecasts range from $50.00 to $99.00. On average, they expect Concho Resources' share price to reach $67.99 in the next year. This suggests a possible upside of 3.6% from the stock's current price.
View analysts' price targets for Concho Resources
or view top-rated stocks among Wall Street analysts.

Who are Concho Resources' key executives?

Concho Resources' management team includes the following people:
  • Mr. Timothy A. Leach, Chairman & CEO (Age 61, Pay $2.47M)
  • Mr. Jack F. Harper, Pres (Age 49, Pay $1.38M)
  • Ms. Brenda R. Schroer, Sr. VP, CFO & Treasurer (Age 45, Pay $831.87k)
  • Mr. C. William Giraud IV, Exec. VP & COO (Age 41, Pay $1.22M)
  • Mr. Travis L. Counts, Sr. VP, Gen. Counsel & Corp. Sec. (Age 43, Pay $870.76k)
  • Mr. Jacob P. Gobar, VP & Chief Accounting Officer (Age 40)
  • Mr. Kang Chen, VP & Chief Information Officer
  • Mr. Scott Kidwell, Sr. VP of Admin. (Age 53)
  • Ms. Megan P. Hays, VP of Investor Relations & Public Affairs
  • Ms. Gayle L. Burleson, Sr. VP of Bus. Devel. & Land (Age 55)

What is Timothy A. Leach's approval rating as Concho Resources' CEO?

45 employees have rated Concho Resources CEO Timothy A. Leach on Glassdoor.com. Timothy A. Leach has an approval rating of 82% among Concho Resources' employees.

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), Intel (INTC), Micron Technology (MU), The Boeing (BA), Cisco Systems (CSCO), Netflix (NFLX), NVIDIA (NVDA), Devon Energy (DVN), Chevron (CVX) and EOG Resources (EOG).

What is Concho Resources' stock symbol?

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

What is Concho Resources' stock price today?

One share of CXO stock can currently be purchased for approximately $65.60.

How much money does Concho Resources make?

Concho Resources has a market capitalization of $12.88 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.

How many employees does Concho Resources have?

Concho Resources employs 1,453 workers across the globe.

What is Concho Resources' official website?

The official website for Concho Resources is www.concho.com.

Where are Concho Resources' headquarters?

Concho Resources is headquartered at 600 WEST ILLINOIS AVENUE, MIDLAND TX, 79701.

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 5/16/2021 by MarketBeat.com Staff
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