Concho Resources Inc $ 44.12 -0.28 (-0.63%)
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Current and historical daily P/E ratio for Concho Resources Inc () from 2007 to Sep 30 2020. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Concho Resources stock (CXO) PE ratio as of Sep 30 2020 is 0. More Details
Concho Resources PE Ratio (TTM) Historical Data
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Concho Resources PE Ratio (TTM) Comparison
|Company||Market Cap(Mil)||PE Ratio (TTM)|
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Address 600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701
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).