CXO vs. EQT, MRO, RRC, PDCE, SWN, MTDR, FANG, DVN, PXD, and APA
Should you be buying Concho Resources stock or one of its competitors? The main competitors of Concho Resources include EQT (EQT), Marathon Oil (MRO), Range Resources (RRC), PDC Energy (PDCE), Southwestern Energy (SWN), Matador Resources (MTDR), Diamondback Energy (FANG), Devon Energy (DVN), Pioneer Natural Resources (PXD), and APA (APA). These companies are all part of the "oils/energy" sector.
Concho Resources vs.
EQT (NYSE:EQT) and Concho Resources (NYSE:CXO) are both large-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, media sentiment, dividends, analyst recommendations and community ranking.
Concho Resources received 317 more outperform votes than EQT when rated by MarketBeat users. Likewise, 74.52% of users gave Concho Resources an outperform vote while only 69.54% of users gave EQT an outperform vote.
EQT has a net margin of 41.96% compared to Concho Resources' net margin of -294.71%. EQT's return on equity of 15.17% beat Concho Resources' return on equity.
EQT pays an annual dividend of $0.60 per share and has a dividend yield of 1.6%. Concho Resources pays an annual dividend of $0.80 per share. EQT pays out 5.3% of its earnings in the form of a dividend. Concho Resources pays out 26.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. EQT has increased its dividend for 1 consecutive years. EQT is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
EQT currently has a consensus price target of $49.59, suggesting a potential upside of 32.77%.
In the previous week, EQT had 19 more articles in the media than Concho Resources. MarketBeat recorded 19 mentions for EQT and 0 mentions for Concho Resources. EQT's average media sentiment score of 0.76 beat Concho Resources' score of 0.00 indicating that EQT is being referred to more favorably in the media.
EQT has higher revenue and earnings than Concho Resources. Concho Resources is trading at a lower price-to-earnings ratio than EQT, indicating that it is currently the more affordable of the two stocks.
97.6% of EQT shares are owned by institutional investors. Comparatively, 90.4% of Concho Resources shares are owned by institutional investors. 0.5% of EQT shares are owned by company insiders. Comparatively, 1.1% of Concho Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
EQT has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Comparatively, Concho Resources has a beta of 1.98, indicating that its stock price is 98% more volatile than the S&P 500.
Summary
EQT beats Concho Resources on 14 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding CXO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Concho Resources Competitors List
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