Concho Resources (Concho Resources) 3-Year Book Growth Rate : 17.10% (As of Sep. 2020)

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What is Concho Resources 3-Year Book Growth Rate?

Concho Resources's Book Value per Share for the quarter that ended in Sep. 2020 was $39.67.

During the past 12 months, Concho Resources's average Book Value per Share Growth Rate was -52.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was 17.10% per year. During the past 5 years, the average Book Value per Share Growth Rate was 21.70% per year. During the past 10 years, the average Book Value per Share Growth Rate was 24.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Concho Resources was 37.30% per year. The lowest was -9.90% per year. And the median was 21.65% per year.

Competitive Comparison of Concho Resources's 3-Year Book Growth Rate

For the Oil & Gas E&P subindustry, Concho Resources's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Concho Resources's 3-Year Book Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Concho Resources's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Concho Resources's 3-Year Book Growth Rate falls into.

Concho Resources 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Concho Resources (NYSE:CXO) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Concho Resources 3-Year Book Growth Rate Related Terms

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Concho Resources (Concho Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Concho Resources Inc (NYSE:CXO) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701

Website

https://www.concho.com

Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

Executives

Steven L Beal	director	7220 MEADOW ROAD, DALLAS TX 75230
John P Surma	director
Steven D Gray	director	125 W. MISSOURI AVE., SUITE 450, MIDLAND TX 79701
E Joseph Wright	director	550 WEST TEXAS AVENUE, SUITE 1300, MIDLAND TX 79701
Tucker S Bridwell	director	400 PINE STE 1000, ABILENE TX 79601
Keenan W Howard Jr	director	410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Steven H Pruett	officer: SVP of Corporate Development	C/O LEGACY RESERVES GP, LLC 303 W. WALL STREET, SUITE 1600 MIDLAND TX 79701
David W Copeland	officer: VP Gen. Counsel & Secretary	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Yorktown Energy Partners V Lp	other: See Remarks	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Yorktown V Co Llc	other: See Remarks	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Yorktown Energy Partners Vi Lp	other: See Remarks	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Yorktown Vi Associates Llc	other: See Remarks	410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
Easter William H Iii	director	370 17TH ST, STE 2500, DENVER CO 80202