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How to buy Concho Resources stock | $47.26

Own Concho Resources stock in just a few minutes.

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Concho Resources Inc is an oil & gas e&p business based in the US. Concho Resources shares (CXO) are listed on the NYSE and all prices are listed in US Dollars. Concho Resources employs 1,453 staff and has a trailing 12-month revenue of around USD$3.3 billion.

How to buy shares in Concho Resources

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Concho Resources. Find the stock by name or ticker symbol: CXO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Concho Resources reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$47.26, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Concho Resources, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Concho Resources. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Concho Resources share price

Use our graph to track the performance of CXO stocks over time.

Concho Resources shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$47.26
52-week rangeUSD$32.7408 - USD$91.9744
50-day moving average USD$58.1421
200-day moving average USD$51.6
Wall St. target priceUSD$65.42
PE ratio 12.0598
Dividend yield USD$0.8 (1.37%)
Earnings per share (TTM) USD$6.355

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Concho Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Concho Resources price performance over time

Historical closes compared with the close of $47.26 from 2020-10-19

1 week (2021-01-11) -28.61%
1 month (2020-12-18) -20.65%
3 months (2020-10-16) -2.76%
6 months (2020-07-17) -6.30%
1 year (2020-01-17) -47.55%
2 years (2019-01-18) -62.15%
3 years (2018-01-18) 156.47
5 years (2016-01-15) 77.07

Is Concho Resources under- or over-valued?

Valuing Concho Resources stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Concho Resources's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Concho Resources's P/E ratio

Concho Resources's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Concho Resources shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Concho Resources's PEG ratio

Concho Resources's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5828. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Concho Resources's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Concho Resources's EBITDA

Concho Resources's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$2.7 billion.

The EBITDA is a measure of a Concho Resources's overall financial performance and is widely used to measure a its profitability.

Concho Resources financials

Revenue TTM USD$3.3 billion
Gross profit TTM USD$3.5 billion
Return on assets TTM -30.69%
Return on equity TTM -77.91%
Profit margin 0%
Book value $40.032
Market capitalisation USD$11.3 billion

TTM: trailing 12 months

Shorting Concho Resources shares

There are currently 6.6 million Concho Resources shares held short by investors – that's known as Concho Resources's "short interest". This figure is 5.5% down from 7.0 million last month.

There are a few different ways that this level of interest in shorting Concho Resources shares can be evaluated.

Concho Resources's "short interest ratio" (SIR)

Concho Resources's "short interest ratio" (SIR) is the quantity of Concho Resources shares currently shorted divided by the average quantity of Concho Resources shares traded daily (recently around 2.7 million). Concho Resources's SIR currently stands at 2.44. In other words for every 100,000 Concho Resources shares traded daily on the market, roughly 2440 shares are currently held short.

However Concho Resources's short interest can also be evaluated against the total number of Concho Resources shares, or, against the total number of tradable Concho Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Concho Resources's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Concho Resources shares in existence, roughly 30 shares are currently held short) or 0.0385% of the tradable shares (for every 100,000 tradable Concho Resources shares, roughly 39 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Concho Resources.

Find out more about how you can short Concho Resources stock.

Concho Resources's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Concho Resources.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Concho Resources's total ESG risk score

Total ESG risk: 52.91

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Concho Resources's overall score of 52.91 (as at 01/01/2019) is pretty weak – landing it in it in the 100th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Concho Resources is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Concho Resources's environmental score

Environmental score: 27.42/100

Concho Resources's environmental score of 27.42 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Concho Resources is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Concho Resources's social score

Social score: 17.44/100

Concho Resources's social score of 17.44 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Concho Resources is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Concho Resources's governance score

Governance score: 13.05/100

Concho Resources's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Concho Resources is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Concho Resources's controversy score

Controversy score: 1/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Concho Resources scored a 1 out of 5 for controversy – the highest score possible, reflecting that Concho Resources has managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Concho Resources Inc was last rated for ESG on: 2019-01-01.

Total ESG score 52.91
Total ESG percentile 99.56
Environmental score 27.42
Environmental score percentile 5
Social score 17.44
Social score percentile 5
Governance score 13.05
Governance score percentile 5
Level of controversy 1

Concho Resources share dividends

19%

Dividend payout ratio: 18.56% of net profits

Recently Concho Resources has paid out, on average, around 18.56% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.37% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Concho Resources shareholders could enjoy a 1.37% return on their shares, in the form of dividend payments. In Concho Resources's case, that would currently equate to about $0.8 per share.

While Concho Resources's payout ratio might seem low, this can signify that Concho Resources is investing more in its future growth.

Concho Resources's most recent dividend payout was on 18 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2020 (the "ex-dividend date").

Concho Resources share price volatility

Over the last 12 months, Concho Resources's shares have ranged in value from as little as $32.7408 up to $91.9744. A popular way to gauge a stock's volatility is its "beta".

CXO.US volatility(beta: 2.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Concho Resources's is 2.0189. This would suggest that Concho Resources's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Concho Resources overview

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.

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