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S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
146 Pounds of Graphite Needed for Each EV (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
Stock market today: Wall Street subdued as it inches toward bull market
146 Pounds of Graphite Needed for Each EV (Ad)
Tesla: How and Why It Gets To $300
Wheat prices jump following collapse of major dam in southern Ukraine
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
It Is Not Too Late To “Git” On Board With GitLab 
NYSE:CXO

Concho Resources (CXO) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
N/A
50-Day Range
$56.89
$69.80
52-Week Range
N/A
Volume
18.05 million shs
Average Volume
3.61 million shs
Market Capitalization
$12.88 billion
P/E Ratio
N/A
Dividend Yield
1.22%
Price Target
N/A

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.

CompanyUnderperformOutperform
EQTOutperform Votes
774
69.54%
Underperform Votes
339
30.46%
Concho ResourcesOutperform Votes
1091
74.52%
Underperform Votes
373
25.48%

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.

Company Net Margins Return on Equity Return on Assets
EQT 41.96% 15.17% 7.06%
Concho Resources -294.71% 8.15% 5.36%

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%.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
EQT
0 Sell rating(s)
6 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.68
Concho Resources
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

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.

Company Overall Sentiment
EQT Positive
Concho Resources Neutral

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
EQT$7.50 billion1.80$1.77 billion$11.263.32
Concho Resources$4.59 billion0.00-$705 million$3.05N/A

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.
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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.
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CXO vs. The Competition

MetricConcho ResourcesCrude Petroleum & Natural Gas IndustryEnergy SectorNYSE Exchange
Market Cap$12.88B$7.72B$5.83B$14.73B
Dividend Yield1.22%17.10%11.15%3.99%
P/E Ratio-1.254.7646.7317.97
Price / SalesN/A3.228,831.759.11
Price / Cash4.625.3330.5223.56
Price / BookN/A2.477.697.27
Net Income-$705M$1.87B$1.19B$897.54M

Concho Resources Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EQT
EQT
3.1145 of 5 stars
$35.07
-2.8%
$49.59
+41.4%
-23.8%$12.68B$7.50B3.11693Analyst Revision
MRO
Marathon Oil
3.1873 of 5 stars
$22.84
-1.8%
$33.06
+44.7%
-26.2%$14.11B$8.04B5.611,570Analyst Downgrade
RRC
Range Resources
3.2867 of 5 stars
$27.55
-5.0%
$32.52
+18.1%
-22.8%$6.65B$4.15B3.23527Dividend Announcement
PDCE
PDC Energy
2.4641 of 5 stars
$69.87
-0.7%
$84.50
+20.9%
-16.1%$6.11B$3.85B2.98535Insider Selling
Analyst Revision
SWN
Southwestern Energy
2.6133 of 5 stars
$4.87
-2.0%
$7.85
+61.3%
-45.0%$5.36B$15.00B0.831,118News Coverage
Gap Down
MTDR
Matador Resources
3.0801 of 5 stars
$45.00
-2.7%
$70.56
+56.8%
-23.3%$5.36B$3.06B4.61286Gap Down
FANG
Diamondback Energy
3.0842 of 5 stars
$129.49
-1.1%
$178.00
+37.5%
-15.9%$23.45B$9.64B5.36870
DVN
Devon Energy
3.2029 of 5 stars
$46.96
-2.3%
$69.53
+48.1%
-36.5%$30.71B$19.17B5.121,800Positive News
PXD
Pioneer Natural Resources
2.7215 of 5 stars
$206.32
-0.8%
$258.70
+25.4%
-27.0%$48.22B$22.83B7.312,076Analyst Revision
APA
APA
3.1089 of 5 stars
$32.24
-3.5%
$46.88
+45.4%
-31.3%$10.31B$10.41B5.242,273Gap Down

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This page (NYSE:CXO) was last updated on 6/7/2023 by MarketBeat.com Staff

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