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Concho Resources Inc. (CXO)

(Delayed Data from NYSE)

$62.45 USD

62.45
1,812,511

-0.69 (-1.09%)

Updated Oct 18, 2019 04:00 PM ET

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3-Hold     3    

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1
2
3
4
5
S&P
Strong Buy
Buy
Hold
Sell
Strong Sell
500
24.50%
17.69%
9.28%
4.86%
1.63%
10.50%

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B Value | C Growth | F Momentum | C VGM

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Balance Sheet

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

Research for CXO

   

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

See more Zacks Equity Research reports

Fiscal Year End for Concho Resources Inc. falls in the month of December.

All items in Millions except Per Share data.

12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Assets          
Cash & Equivalents 0 0 53 229 0
Receivables 831 543 458 395 660
Notes Receivable 0 0 0 0 0
Inventories 35 14 0 0 0
Other Current Assets 543 35 35 691 528
Total Current Assets 1,409 592 546 1,315 1,188
Net Property & Equipment 22,313 13,041 11,302 10,977 10,206
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 211 0 0 167 262
Deferred Charges 10 13 11 16 68
Intangibles 2,243 26 24 26 27
Deposits & Other Assets 108 60 235 142 48
Total Assets 26,294 13,732 12,119 12,642 11,800
Liabilities & Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Notes Payable 0 0 0 0 0
Accounts Payable 303 226 160 183 258
Current Portion Long-Term Debt 159 116 0 0 93
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 574 330 360 229 718
Income Taxes Payable 0 0 0 0 163
Other Current Liabilities 320 493 234 185 195
Total Current Liabilities 1,356 1,165 753 596 1,427
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,808 687 766 1,630 1,438
Convertible Debt 0 0 0 0 0
Long-Term Debt 4,194 2,691 2,741 3,332 3,517
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 168 274 237 140 136
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 7,526 4,817 4,497 5,699 6,519
Shareholders Equity 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 14,773 7,142 6,783 4,628 3,027
Retained Earnings 4,126 1,840 883 2,346 2,280
Other Equity 0 0 0 0 0
Treasury Stock 131 67 44 32 26
Total Shareholder's Equity 18,768 8,915 7,623 6,943 5,281
Total Liabilities & Shareholder's Equity 26,294 13,732 12,119 12,642 11,800
Total Common Equity 18,768 8,915 7,623 6,943 5,281
Shares Outstanding 200.50 148.70 146.00 129.10 113.00
Book Value Per Share 93.61 59.95 52.21 53.78 46.73

Fiscal Year End for Concho Resources Inc. falls in the month of December.

All items in Millions except Per Share data.

9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Assets          
Cash & Equivalents NA 0 0 0 24
Receivables NA 761 943 831 907
Notes Receivable NA 0 0 0 0
Inventories NA 33 34 35 36
Other Current Assets NA 66 50 543 61
Total Current Assets NA 860 1,027 1,409 1,028
Net Property & Equipment NA 22,216 22,771 22,313 21,895
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 29 2 211 0
Deferred Charges NA 9 9 10 11
Intangibles NA 2,240 2,247 2,243 2,266
Deposits & Other Assets NA 124 112 108 10
Total Assets NA 25,478 26,168 26,294 25,210
Liabilities & Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Notes Payable NA 0 0 0 0
Accounts Payable NA 310 319 303 327
Current Portion Long-Term Debt NA 143 105 159 87
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 506 605 574 548
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 444 631 320 914
Total Current Liabilities NA 1,403 1,660 1,356 1,876
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1,561 1,612 1,808 1,431
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 4,350 4,567 4,194 4,143
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 270 168 528
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 7,519 8,109 7,526 7,978
Shareholders Equity 9/30/2019 6/30/2019 3/31/2019 12/31/2018 9/30/2018
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 14,820 14,797 14,773 14,749
Retained Earnings NA 3,284 3,406 4,126 2,613
Other Equity NA 0 0 0 0
Treasury Stock NA 145 144 131 130
Total Shareholder's Equity NA 17,959 18,059 18,768 17,232
Total Liabilities & Shareholder's Equity NA 25,478 26,168 26,294 25,210
Total Common Equity 0 17,959 18,059 18,768 17,232
Shares Outstanding 201.00 201.00 200.50 200.50 200.20
Book Value Per Share 0.00 89.35 90.07 93.61 86.07