Latest On Concho Resources Inc (CXO):
| Date/Time | Type | Description | Signal | Details |
|---|---|---|---|---|
| 2021-01-30 10:39 EST | News | Oil and gas sector sails to four-session win streak on OPEC+ compromise | N/A |  |
| 2021-01-21 11:31 EST | Analyst Rating | The Analyst Target Price has decreased from $65.7 to $64.88. | Sell | |
| 2021-01-20 11:30 EST | Analyst Rating | The Analyst Target Price has increased from $64.69 to $65.7. | Neutral | |
| 2021-01-19 11:30 EST | Analyst Rating | The Analyst Target Price has decreased from $65.22 to $64.69. | Sell | |
| 2021-01-17 23:28 EST | Analyst Rating | The Analyst Target Price has decreased from $65.92 to $65.22. | Sell | |
About Concho Resources Inc (CXO):
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.
General
- Name Concho Resources Inc
- Symbol CXO
- Type Common Stock
- Exchange NYSE
- Currency USD
- Country USA
- SectorEnergy
- IndustryOil & Gas E&P
- Full Time Employees 1,453
- Fiscal Year EndDecember
- IPO Date2007-08-03
- Gic SectorEnergy
- Gic GroupEnergy
- Gic IndustryOil, Gas & Consumable Fuels
- Gic SubIndustryOil & Gas Exploration & Production
- Web URLhttp://www.concho.com
Valuation
- Forward PE 15.95
- Price/Sales (Trailing 12 Mt.) 3.7
- Price/Book (Most Recent Quarter) 1.65
- Enterprise Value Revenue 4.7
- Enterprise Value EBITDA 11.66
Financials
- Most Recent Quarter 2020-09-30
- Next Quarter EPS Estimate $1.07
- Operating Margin -291%
- Return on Assets -31%
- Return on Equity -78%
- Revenue 3.26 billion
- Earnings Per Share $6.36
- Revenue Per Share $16.63
- Gross Profit 3.48 billion
- Quarterly Earnings Growth -25.5%
ESG Rating
Highlights
- Market Capitalization 12.88 billion
- EBITDA 2.72 billion
- PE Ratio -1.26
- PEG Ratio 0.68
- Analyst Target Price $64.88
- Book Value Per Share $40.03
Share Statistics
- Shares Outstanding 196.3 million
- Shares Float 192.11 million
- % Held by Insiders 87%
- % Held by Institutions 93%
- Shares Short 5.88 million
- Shares Short Prior Month 7.13 million
- Short Ratio 2.82
- Short % of Float 3%
- Short % of Shares Outstanding 3%
Technicals
- Beta 1.99
- 52 Week High $81.69
- 52 Week Low $32.74
- 50 Day Moving Average 61.94
- 200 Day Moving Average 52.39
Dividends
- Forward Annual Dividend Rate $0.8
- Forward Annual Dividend Yield 1.22%
- Payout Ratio 19%
- Dividend Date 2020-12-18
- ExDividend Date 2020-11-05
- Dividend Per Share $0.8
- Dividend Yield 1.21%
Concho Resources Inc (CXO) Dividend Calendar:
Concho Resources Inc pays an annual dividend of $0.8 per share, with a dividend yield of 1.21%.
CXO's last dividend payment was made to shareholders on December 18, 2020.
Concho Resources Inc pays out 19% of its earnings out as a dividend.
Concho Resources Inc (CXO) Earnings History:
Companies typically report earnings on both a quarterly and annual basis. Earnings reported that deviate from analysts' expectations can have a large impact on a stock's price.
Concho Resources Inc (CXO) Company Financial Statements:
Financial statements are reports prepared by a company's management to present their financial performance and position at a point in time. A general-purpose set of financial statements usually includes a balance sheet, income statements, and statement of cash flows.
Income Statement:
| Date | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 | Sep 30 2019 |
|---|---|---|---|---|---|
| Research Development | N/A | N/A | N/A | N/A | N/A |
| Income Before Tax | -35 million | -567 million | N/A | -600 million | 780 million |
| Selling General Administrative | 116 million | 108 million | N/A | 72 million | 75 million |
| Gross Profit | 360 million | 25 million | N/A | 946 million | 833 million |
| Ebit | 297 million | -255 million | N/A | -222 million | 620 million |
| Operating Income | 228 million | -101 million | N/A | -222 million | 620 million |
| Income Tax Expense | 26 million | -132 million | -1.57 billion | -129 million | 222 million |
| Total Revenue | 834 million | 474 million | N/A | 1.25 billion | 1.05 billion |
| Cost of Revenue | 474 million | 449 million | N/A | 300 million | 215 million |
| Total Other Income Expense Net | -219 million | -425 million | N/A | -378 million | 160 million |
| Net Income From Continuing Operations | -61 million | -435 million | N/A | -471 million | 558 million |
| Net Income Applicable to Common Shares | -61 million | -435 million | -9.28 billion | -471 million | 554 million |
Cash Flow:
| Date | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 | Sep 30 2019 |
|---|---|---|---|---|---|
| Investments | -309 million | N/A | N/A | N/A | N/A |
| Change to Liabilities | -6 million | -28 million | 27 million | -13 million | 11 million |
| Total Cash Flow from Investing Activities | -309 million | -492 million | -596 million | 27 million | -547 million |
| Net Borrowings | -101 million | N/A | N/A | -450 million | -90 million |
| Total Cash Flow from Financial Activities | -217 million | N/A | N/A | -726 million | -118 million |
| Change to Operating Activities | -37 million | -53 million | -62 million | 53 million | -1000000 |
| Change in Cash | 82 million | N/A | N/A | 70 million | N/A |
| Total Cash from Operating Activities | 608 million | 689 million | 836 million | 769 million | 665 million |
| Depreciation | N/A | N/A | N/A | -333 million | 449 million |
| Other Cash Flow from Investing Activities | N/A | -1000000 | N/A | N/A | N/A |
| Change to Inventory | 2 million | N/A | N/A | -1000000 | 1000000 |
| Change to Account Receivables | -19 million | N/A | N/A | -71 million | -52 million |
| Other Cash Flow from Financing Activities | -26 million | -1000000 | -2 million | -1000000 | -2 million |
| Change to Net Income | 436 million | 3.43 billion | 9.5 billion | 1.61 billion | -301 million |
| Capital Expenditures | 312 million | N/A | N/A | 747 million | 722 million |
Balance Sheet:
| Date | Sep 30 2020 | Jun 30 2020 | Mar 31 2020 | Dec 31 2019 | Sep 30 2019 |
|---|---|---|---|---|---|
| Total Liabailities | 4.75 billion | 4.86 billion | N/A | 6.95 billion | 7.62 billion |
| Total Stockholder Equity | 7.79 billion | 7.92 billion | N/A | 17.78 billion | 18.51 billion |
| Other Current Liabilities | 331 million | 345 million | N/A | 1.13 billion | 1.21 billion |
| Total Assets | 12.54 billion | 12.78 billion | N/A | 24.73 billion | 26.13 billion |
| Common Stock | N/A | N/A | N/A | N/A | N/A |
| Other Current Assets | 277 million | N/A | N/A | 6 million | 1.13 billion |
| Retained Earnings | -6.57 billion | -6.47 billion | -6 billion | 3.32 billion | 3.82 billion |
| Other Liabilities | 197 million | 143 million | 233 million | 1.81 billion | 1.91 billion |
| Other Assets | 359 million | 455 million | 426 million | 416 million | 529 million |
| Cash | 402 million | 320 million | N/A | 70 million | N/A |
| Total Current Liabilities | 697 million | 760 million | N/A | 1.18 billion | 1.34 billion |
| Other Stockholder Equity | N/A | N/A | N/A | N/A | N/A |
| Property, Plant & Equipment | 10.96 billion | 10.94 billion | 10.91 billion | 21.33 billion | 21.43 billion |
| Total Current Assets | 1.21 billion | 1.37 billion | N/A | 1.06 billion | 2.02 billion |
| Long Term Investments | N/A | N/A | N/A | N/A | N/A |
| Net Tangible Assets | 7.77 billion | 7.9 billion | 8.36 billion | 15.85 billion | 16.35 billion |
| Short Term Investments | N/A | N/A | N/A | N/A | N/A |
| Long Term Debt | 3.86 billion | 3.96 billion | N/A | 3.96 billion | 4.35 billion |
| Inventory | 26 million | 27 million | N/A | 30 million | 30 million |
| Accounts Payable | 185 million | 224 million | N/A | 53 million | 66 million |
Concho Resources Inc (CXO) Chart:
Concho Resources Inc (CXO) News:
Below you will find a list of latest news for Concho Resources Inc (CXO) from major news sources. You can filter the results to only show news from a specific source.
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Concho Resources Inc (CXO) Options:
A stock option is a contract between two parties in which the stock option buyer (holder) purchases the right (but not the obligation) to buy/sell 100 shares of an underlying stock at a predetermined price from/to the option seller (writer) within a fixed period of time.
Concho Resources Inc (CXO) SEC Filings:
An SEC filing is a financial statement or other formal document submitted to the U.S. Securities and Exchange Commission (SEC). Public companies, certain insiders, and broker-dealers are required to make regular SEC filings.
| Date | Form Type | View |
|---|---|---|
| 2020-11-03 | 425 (Prospectuses and communications, business combinations) | |
| 2020-11-02 | 425 (Prospectuses and communications, business combinations) | |
| 2020-11-02 | 425 (Prospectuses and communications, business combinations) | |
| 2020-11-02 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-30 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-29 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-27 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-27 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-27 | 8-K (Current report) | |
| 2020-10-27 | 10-Q (Quarterly report [Sections 13 or 15(d)]) | |
| 2020-10-22 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-22 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-22 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-21 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-20 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-20 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-20 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-19 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-19 | 425 (Prospectuses and communications, business combinations) | |
| 2020-10-19 | 425 (Prospectuses and communications, business combinations) | |
Concho Resources Inc (CXO) Insider Transactions:
Here you will find a list of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Concho Resources Inc (CXO). Company insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
Insider Ownership: 87%
Institutional Ownership: 9300%
| Transaction Date | Insider Name | Insider Title | Type | Shares Number | Shares Price | Total Transaction | Shares Held After Transaction | Link |
|---|---|---|---|---|---|---|---|---|
| 2020-08-14 | Jacob Gobar | VP & Chief Accounting Officer | Sell | 2,070.00 | 50.58 | 104,696.46 | 8,662.00 | |
| 2020-05-05 | STEVEN L BEAL | Director | Sell | 1,156.00 | 62.22 | 71,926.32 | 50,336.00 | |
| 2020-05-05 | STEVEN L BEAL | Director | Sell | 18,344.00 | 61.62 | 1,130,357.28 | 51,492.00 | |
| 2020-01-02 | Jacob Gobar | VP & Chief Accounting Officer | Buy | 2,481.00 | 11,195.00 | | ||
| 2020-01-02 | Scott Kidwell | SVP of Administration | Buy | 4,411.00 | 12,039.00 | | ||
| 2020-01-02 | Scott Kidwell | SVP of Administration | Buy | 569.00 | 12,608.00 | | ||
| 2020-01-02 | JOHN P SURMA | Director | Buy | 2,090.00 | 14,937.00 | | ||
| 2020-01-02 | JACK F HARPER | President | Buy | 4,550.00 | 175,155.00 | | ||
| 2020-01-02 | C William Giraud | EVP & Chief Operating Officer | Buy | 19,324.00 | 178,271.00 | | ||
| 2020-01-02 | STEVEN D GRAY | Director | Buy | 2,090.00 | 181,129.00 | | ||
| 2020-01-02 | C William Giraud | EVP & Chief Operating Officer | Buy | 4,266.00 | 182,537.00 | | ||
| 2020-01-02 | JACK F HARPER | President | Buy | 17,131.00 | 192,286.00 | | ||
| 2020-01-02 | Gary A Merriman | Director | Buy | 2,090.00 | 23,817.00 | | ||
| 2020-01-02 | Lee Price Moncrief | SVP of Corp. Dev. & Midstream | Buy | 1,067.00 | 27,012.00 | | ||
| 2020-01-02 | Keith Corbett | SVP of Corp. Eng. & Planning | Buy | 1,067.00 | 31,312.00 | | ||
| 2020-01-02 | Mark B Puckett | Director | Buy | 2,090.00 | 34,573.00 | | ||
| 2020-01-02 | Brenda R Schroer | SVP, CFO and Treasurer | Buy | 1,067.00 | 36,704.00 | | ||
| 2020-01-02 | Keith Corbett | SVP of Corp. Eng. & Planning | Buy | 5,513.00 | 36,825.00 | | ||
| 2020-01-02 | Clay Bateman | SVP of Assets | Buy | 1,067.00 | 37,151.00 | | ||
| 2020-01-02 | Travis Counts | SVP, Gen Counsel and Corp Sec | Buy | 1,565.00 | 40,428.00 | |