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Concho Resources Inc

CXO.N

Latest Trade

76.58USD

Change

0.08(+0.10%)

Volume

354,867

Today's Range

75.49

 - 

77.14

52 Week Range

61.37

 - 

126.47

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
76.50
Open
75.56
Volume
354,867
3M AVG Volume
41.73
Today's High
77.14
Today's Low
75.49
52 Week High
126.47
52 Week Low
61.37
Shares Out (MIL)
201.03
Market Cap (MIL)
15,378.70
Forward P/E
27.22
Dividend (Yield %)
0.65

Next Event

Q4 2019 Concho Resources Inc Earnings Release

Latest Developments

More

Concho Resources Posts Q3 EPS Of $2.78

Concho Resources Inc To Sell New Mexico Assets For $925 Mln

Concho Resources Reports Second-Quarter Loss Per Share Of $0.48

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About Concho Resources Inc

Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The Company's four operating areas include the Northern Delaware Basin, the Southern Delaware Basin, the Midland Basin and the New Mexico Shelf. As of December 31, 2016, the Company's operations were focused in the Permian Basin, which underlies an area of Southeast New Mexico and West Texas approximately 250 miles wide and 300 miles long. The Permian Basin is an oil and natural gas producing region in the United States and is characterized by multiple producing horizons and enhanced recovery potential. As of December 31, 2016, the Company produced approximately 55.1 million barrels of oil equivalent (MMBoe) of oil and natural gas. As of December 31, 2016, all of its 720 MMBoe total estimated proved reserves were located in its core operating areas and consisted of approximately 59.5% oil and 40.5% natural gas.

Industry

Oil & Gas Operations

Contact Info

600 W Illinois Ave

+1.432.6837443

http://www.conchoresources.com

Executive Leadership

Timothy A. Leach

Chairman of the Board, Chief Executive Officer

Jack F. Harper

President

Brenda R. Schroer

Chief Financial Officer, Senior Vice President, Treasurer

C. William Giraud

Chief Operating Officer, Executive Vice President

Travis L. Counts

Senior Vice President, General Counsel, Corporate Secretary

Key Stats

1.88 mean rating - 33 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2016

1.6K

2017

2.6K

2018

4.2K

2019(E)

4.5K
EPS (USD)

2016

0.810

2017

2.090

2018

4.590

2019(E)

2.811
Price To Earnings (TTM)
12.15
Price To Sales (TTM)
3.48
Price To Book (MRQ)
0.83
Price To Cash Flow (TTM)
4.89
Total Debt To Equity (MRQ)
23.88
LT Debt To Equity (MRQ)
23.55
Return on Investment (TTM)
5.29
Return on Equity (TTM)
4.96

Latest News

Latest News

Concho Resources misses profit estimates on lower natural gas and crude prices

U.S. oil and gas producer Concho Resources Inc on Tuesday missed Wall Street estimates for adjusted profit for the fourth straight quarter, dragged down by natural gas and crude prices.

Concho Resources adjusted profit more than halves

U.S. oil and gas producer Concho Resources Inc's adjusted profit more than halved in the third quarter from a year ago, dragged down by natural gas and crude prices.

Concho Resources to sell strip of New Mexico assets for $925 million

U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell a portion of its New Mexico assets for $925 million to KKR-backed Spur Energy Partners LLC and plans to use the money to lower its debt and buyback shares.

Concho Resources to sell New Mexico assets for $925 mln

U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell its New Mexico assets for $925 million to an affiliate of privately-held Spur Energy Partners LLC.

Whiting Petroleum posts surprise quarterly loss, cuts 33% workforce

Oil and gas producer Whiting Petroleum <WLL.N> on Wednesday reported a surprise quarterly loss, announced a 33% job cut and asset sales as a lack of natural gas infrastructure hits prices.

Concho Resources profit falls 25% on lower crude, gas prices

U.S. oil and gas producer Concho Resources <CXO.N> reported a 25% fall in quarterly profit on Wednesday, dragged down mainly by lower crude and natural gas prices.

Concho Resources misses profit estimates, shares fall

Concho Resources Inc reported quarterly profit that missed Wall Street estimates on Tuesday, sending shares of the shale firm lower in after-hours trading.

Concho Resources misses profit estimates, shares fall

Concho Resources Inc reported quarterly profit that missed Wall Street estimates on Tuesday, sending shares of the shale firm lower.

BRIEF-Concho Resources Q1 Earnings Per Share $5.58

* Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.00 EXCLUDING ITEMS

BRIEF-Concho Resources Says Chairman & CEO Timothy Leach's FY 2017 Total Compensation Was $12.2 Mln Vs $10.8 Mln In FY 2016

* CONCHO RESOURCES SAYS CHAIRMAN & CEO TIMOTHY LEACH'S FY 2017 TOTAL COMPENSATION WAS $12.2 MLN VS $10.8 MLN IN FY 2016 - SEC FILING Source text: (https://bit.ly/2GBk2in) Further company coverage:

U.S. shale producer Concho offers $8 billion for rival RSP Permian

U.S. shale producer Concho Resources Inc on Wednesday agreed to buy rival RSP Permian Inc in an $8 billion all-stock deal that could trigger a wave of consolidation in the fast-growing Permian Basin oilfield.

BRIEF-Concho Resources Says Upon Deal Termination With RSP Permian, Co To Pay RSP A Fee Of $350 Million

* CONCHO RESOURCES SAYS UPON DEAL TERMINATION WITH RSP PERMIAN UNDER SPECIFIED CIRCUMSTANCES, CO TO PAY RSP A FEE OF $350 MILLION - SEC FILING

BRIEF-Concho Resources To Acquire RSP Permian In All-Stock Transaction

* CONCHO RESOURCES INC. TO ACQUIRE RSP PERMIAN, INC. IN ALL-STOCK TRANSACTION

Oil producer Concho to buy rival RSP Permian for about $8 bln

Oil and gas producer Concho Resources Inc on Wednesday said it would buy smaller rival RSP Permian Inc for an equity value of about $8 billion.

Concho Resources says well efficiencies continue to improve

U.S. shale oil producer Concho Resources Inc said on Monday the cost and time needed to drill a well will keep falling, despite concerns that improvements from technology and other factors had reached a limit.

Concho Resources tops profit estimates

U.S. shale oil producer Concho Resources Inc <CXO.N> posted a better-than-expected quarterly profit on Tuesday, helped by higher crude prices, and forecast a 16-20 percent rise in total production for 2018 from a year earlier.

BRIEF-Concho Expects Q1 2018 Production To Average Between 215 MBoepd And 219 MBoepd

* . REPORTS FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS AND PROVIDES 2018 OUTLOOK

Concho Resources reports fourth-quarter profit

U.S. shale oil producer Concho Resources Inc reported a profit for the fourth quarter on Tuesday compared with a year-ago loss, helped largely by a $398 million benefit from U.S. tax changes.

BRIEF-Concho Resources posts Q3 adj. earnings per share $0.45

* Q3 earnings per share view $0.27 -- Thomson Reuters I/B/E/S

BRIEF-CONCHO RESOURCES ANNOUNCES PRICING OF SENIOR UNSECURED NOTES

* CONCHO RESOURCES INC. ANNOUNCES PRICING OF SENIOR UNSECURED NOTES

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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