Concho Resources, Inc.Concho Resources, Inc.

Free disabling of ads
Favorites

Concho Resources, Inc. engages in the acquisition, development and exploration of oil and natural gas properties. Its operations include Delaware Basin, and Midland Basin. The company was founded on February 22, 2006 and is headquartered in Midland, TX.

  • CXO Symbol
  • NYSE Exchange
  • 1,503 Employees
2 rated
  • $42.11, $-2.69 (-6.00%) Previous Close
  • 2,510,488 Previous Volume
  • $33.13 / $124.53 52 week low / high
  • -66.18% Percent off 52 week high
  • 2020-03-27 Updated
  • 1.66% Dividend yield (trailing)
  • 0.47% Dividend yield (forward)
  • 193,521,724 Public float
  • 196,707,000 Outstanding shares
  • -11.77 P/E
  • 8.81 B Market Cap
Free disabling of ads

Financial data

The information is not 100% up-to-date. There may be errors or something missing. Often something is missing, there are almost no errors, but I can't rule them out. Now I'm looking for a supplier of high-quality information, but so far what I find is expensive (about $ 2000 a year).
19 ← 15 2019-12 2018-12 2017-12 2016-12 2015-12
Total Revenue
4.6B 4.2B 2.6B 1.6B 1.8B
Cost Of Revenue
3.4B 2.5B 1.8B 1.7B 1.8B
Gross Profit
1.2B 1.6B 770M -68M -27M
Research and Development
Selling General and Admin
Operating Expense
3.7B 2.8B 2.1B 1.9B 2.1B
Operating Income
910M 1.3B 520M -290M -260M
Other Income Expense Net
-1.8B 1.6B 360M -2B 360M
EBIT
910M 1.3B 520M -290M -260M
Interest Income
190M 150M 150M 200M 220M
Pretax Income
-860M 2.9B 880M -2.3B 97M
Income Tax
-150M 600M -75M -880M 31M
Minority Interest
0 0 0 0 0
Net Income
-710M 2.3B 950M -1.5B 65M
Net Income Basic
-710M 2.3B 950M -1.5B 65M
19 ← 15 2019-12 2018-12 2017-12 2016-12 2015-12
Current cash
70M 53M 230M
Short term investments
480M 3.6M 650M
Receivables
890M 830M 540M 460M 390M
Inventory
30M 35M 14M
Other current assets
67M 59M 35M 31M 39M
Current assets
1.1B 1.4B 590M 550M 1.3B
Long term investments
11M 210M 49M 210M 270M
Property plant equipment
21B 22B 13B 11B 11B
Goodwill
1.9B 2.2B
Intangible assets
17M 19M 26M 24M 26M
Other assets
410M 120M 24M 32M 59M
Total assets
25B 27B 14B 12B 13B
Accounts payable
320M 300M 230M 160M 180M
Current long term debt
7M
Other current liabilities
850M 890M 820M 590M 410M
Total current liabilities
1.2B 1.4B 1.2B 750M 600M
Long term debt
4B 4.2B 2.7B 2.7B 3.3B
Other liabilities
10M 170M 270M 240M 140M
Minority Interest
0 0 0 0 0
Total Liabilities
7.7B 8.2B 5B 4.8B 5.8B
Common stock
200M 200M 150M 150M 130M
Retained earning
3.3B 4.1B 1.8B 880M 2.3B
Treasury stock
3.1M 1.9M 1.6M 1.6M 1.7M
Capital surplus
15B 15B 7.1B 6.8B 4.6B
Shareholder equity
18B 19B 8.9B 7.6B 6.9B
Net tangible assets
16B 17B 8.9B 7.6B 6.9B
19 ← 15 2019-12 2018-12 2017-12 2016-12 2015-12
Net Income
-710M 2.3B 950M -1.5B 65M
Depreciation
2B 1.5B 1.2B 1.2B 1.2B
Changes in receivables
-57M -290M -85M -64M
Changes in inventories
1M -12M 1.9M -5.2M
Cash change
70M -53M -180M 230M
Cash flow
2.8B 2.6B 1.7B 1.4B 900M
Capital expenditures
-3.2B -2.7B -2.5B -2.5B -2.5B
Investments
150M -99M -91M
Investing activity other
-13M -3M -18M
Total investing cash flows
-2B -2.2B -1.7B -2.2B -2B
Dividends paid
-100M
Net borrowings
-400M -280M -6M -610M -230M
Other financing cash flows
-7M -43M 2.2M
Cash flow financing
-770M -340M -29M 660M 1.3B
Exchange rate effect

Dividends

Dividends represent one part of the company’s profits from the previous period. The company distributes them between its owner-shareholders. Businesses may pay out dividends, but they are not obliged to. The method that is used to calculate the dividend is described in the company's dividend policy or articles of association. The clearer and more transparent the calculation principle, the more investors love the company. Many factors affect whether dividends are paid out. The main ones are the need for financing by major shareholders and tax optimization. So, if the state in the person of a fund or state-supported organization is one of the shareholders, the payment of regular dividends is practically guaranteed. The same is true, but to a lesser extent, in the case of a serious debt burden that is incurred by one of the business owners.

It makes no sense to discuss the abstract amount of dividends for the period in isolation of the company's financial indicators, business development prospects, payment history, and current share price. It is important to analyze and understand the reasons for dividend payments and to be skeptical about an unusually high dividend yield. This may be a one-off exceptional case. You will find information about dividends, historical dividend yield, and recovery of the stock price after Concho Resources, Inc. made payouts below.

Free disabling of ads

Stock Price Recovery History

To receive dividends, you must be a company shareholder as of a certain date as determined by the company's Board of Directors. This date is the closing of the shareholder register book or the “dividend cut-off”. On the day following the cut-off, the stock price falls by about the amount of the declared dividend. This is the "dividend gap". Investors are always interested in the following question: how quickly will the company's shares recover from this drop? The more frequently the company pays dividends, the faster the stock price recovers. Many factors influence how quickly the dividend gap is bridged: the news that is released by the company, its expected reporting figures, the purchase/sale of shares by the company's management and large owners, industry events, etc. Historical data about how quickly the Concho Resources, Inc. share price has recovered in the past are presented in the table below:

Stock Price Recovery History, Concho Resources, Inc. (CXO)
Ex-Dividend Date Payout Amount Stock Price Days Taken For Stock Price to Recover
2020-02-27 $0.20 $68.56 5
2019-11-07 $0.12 $71.66 1
2019-08-08 $0.12 $73.41 32
2019-05-09 $0.12 $110.92 1
2019-02-28 $0.12 $110.00 1
Expand
Free disabling of ads

Dividend History

The dividend payment history is important to analyze when compiling an investment portfolio from which an investor seeks to receive regular income. If the company can make stable payments, this is an indicator that the company is in a good state of affairs. It may happen that the management and the main business owners refuse to pay dividends and instead opt to distribute profits in order to reduce credit commitments or invest in new projects. But the existence of a stable payout history of increasing dividends is a feather in the company's cap. Some issuers pay dividends 2 times a year or even quarterly, which creates a constant cash flow for shareholders. This additionally bolsters the stock price. The dividend payment statistics and the amount of these payments by Concho Resources, Inc. are presented in the table and graph below.

Dividend History, Concho Resources, Inc. (CXO)
Declared Date Ex-Dividend Date Record date Pay Date Frequency Payout Amount Yield
2020-02-18 2020-02-27 2020-02-28 2020-03-27 quarterly $0.20 0.47%
2019-10-29 2019-11-07 2019-11-08 2019-12-20 - $0.12 0.15%
2019-07-30 2019-08-08 2019-08-09 2019-09-30 Quarterly $0.12 0.18%
2019-04-30 2019-05-09 2019-05-10 2019-06-28 Quarterly $0.12 0.12%
2019-02-19 2019-02-28 2019-03-01 2019-03-29 Quarterly $0.12 0.11%
Expand
Free disabling of ads

Historical Annual Dividend Data & Growth

When selecting shares for purchase, investors are interested in how do company managers and major shareholders view the payment of dividends. Were dividends paid in previous years, and, if so, then to what extent? What was the dividend yield, i.e., the ratio of the amount of the dividend and stock price at the time of payment? Is there a tendency to increase the amount of the dividend both in absolute terms and as a % from year to year? For the investor, this is a guarantee of the company's reliability and a demonstration of its stability. If the company has paid dividends over the course of many years, the amounts of payments will increase. This establishes trust with shareholders, and it has a positive effect on the overall image of the company. The table below shows the payment history and dividend yield for Concho Resources, Inc.:

Historical Annual Dividend Data & Growth, Concho Resources, Inc. (CXO)
Year Last Stock Price Avg stock price Dividend Sum Dividend Yield (at avg price) Dividend Yield (at last price)
2020 $82.45 $83.51 $0.20 0.24% 0.24%
2019 $109.91 $113.58 $0.12 0.11% 0.11%

SWOT

A SWOT analysis is a technique that allows you to conduct a comprehensive express overview of a company. Look at the strengths and weaknesses of the business, and evaluate external opportunities and threats. The result of the analysis is clear, and it will help you to make the right decision. Registered users can compile a SWOT analysis for any issuer. But it should be understood that how facts are distributed on graphs can be subjective. For example, a decision to make large capital expenditures may be a weakness for the company today, but they may offer growth opportunities and competitive advantages in the future. Or if the state participates as a shareholder, then this is a guarantee of stability and reliability. However, this factor may limit the development of the company and expose it to geopolitical risks.

Free disabling of ads
Free disabling of ads

News Concho Resources, Inc.

Free disabling of ads