NYSE:CXO (USA) Also trade in: Germany Mexico UK

Concho Resources Inc

$ 98.22 -0.58 (-0.59%)
On watch
Volume: 2,083,268 Avg Vol (1m): 1,602,702
Market Cap $: 19.70 Bil Enterprise Value $: 24.37 Bil
P/E (TTM): 24.98 P/B: 1.09
Earnings Power Value -123.05
Net Current Asset Value -35.56
Tangible Book 79.4
Projected FCF 36.72
Median P/S Value 141.24
Graham Number 83.79
Peter Lynch Value 0
DCF (FCF Based) 0
DCF (Earnings Based) 0
1Y (-%)

CXO News and Headlines - Concho Resources

GuruFocus Articles Total 73
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Guru stock highlight

For reasons already discussed, we sold both Anadarko and Weatherford during the quarter, and we purchased one new holding, Concho Resources. We believe Concho (NYSE:CXO) is one of the highest quality oil and gas producers in the U.S., with an enormous acreage position in the most attractive parts of the Permian Basin. This large inventory of future drilling locations can allow the company to invest at high returns for years to come. We think the market is currently valuing this strategically attractive set of assets at a discount to recent private market transactions and below Permian peers on a

40 Views    Holly LaFon    2019-07-09 21:09
Discussion of markets and holdings

The Oakmark Select Fund returned 4.5% for the quarter, modestly ahead of the S&P 500 Index’s 4.3% return. Year to date, the Fund has returned 18.6% again, just ahead of the S&P 500’s 18.5% return.

The most significant contributors to performance during the second quarter were Anadarko Petroleum (+55%), TE Connectivity (+19%) and American International Group (+24%). We are pleased to report that Anadarko has agreed to be acquired by Occidental Petroleum for a substantial premium. Buying businesses at a significant discount to their intrinsic value has always been a hallmark of our process at Oakmark. It’s gratifying, then,

93 Views    Holly LaFon    2019-07-09 20:40
Discussion of markets and holdings

The Oakmark Fund increased 3.2% for the second quarter of 2019, which lagged slightly behind the 4.3% gain for the S&P 500, the Fund’s benchmark. The Fund benefited from Occidental Petroleum’s acquisition offer for Anadarko Petroleum and we sold our Anadarko holding following an increase of over 50% for the quarter. A significant decline in oil prices allowed us to replace Anadarko with three new exploration and production (E&P) companies. U.S.-focused E&Ps have meaningfully improved their capital efficiency profile through the oil downturn. We expect them to generate excess returns given their position at the low end of the global

76 Views    Holly LaFon    2019-07-08 19:54
Guru stock highlight

Concho Resources (NYSE:CXO), in our opinion, is one of the highest quality oil and gas producers in the U.S. and it maintains an enormous acreage position in the most attractive parts of the Permian Basin. This large inventory of future drilling locations should allow Concho to invest at high returns for years to come. The market is currently valuing this strategically attractive set of assets at a discount to recent private market transactions and below Permian peers on a per acre basis, despite the company’s superior economics and strong management team. Concho has a long history of creating value

51 Views    Holly LaFon    2019-07-08 19:53
Grifols obtains FDA approval

U.S. stocks were bearish on Friday despite the U.S. adding 224,000 nonfarm payroll jobs during the past month, which was higher than estimates of 160,000. The unemployment rate reached 3.7%, 10 basis point higher than expectations of 3.6%. The Dow Jones Industrial Average fell 0.16% to 26,922, the S&P 500 Index declined 0.18% to 2,990 and the Nasdaq Composite Index slid 0.10% to 8,161.

Shares of Grifols S.A. (GRFS) gained more than 1% on Friday after the U.S. Food and Drug Administration approved Xembify, a new 20% subcutaneous immunoglobulin used to treat primary immunodeficiencies, expanding its product portfolio of plasma-derived

41 Views    Omar Venerio    2019-07-05 20:43
Royal Caribbean, Centene make the list

According to the GuruFocus All-in-One Screener, the following companies are trading at a discount and have positive three- to five-year future earnings estimates.

Shares of Royal Caribbean Cruises Ltd. (RCL) are trading around $119 per share. The discounted cash flow calculator gives the stock a fair value of $248 per share, suggesting it is undervalued with a 52% margin of safety.

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The cruise line has a GuruFocus profitability and growth rating of 8 out of 10. Its earnings per share have climbed 32.90% over the last five years. Analysts project a three-year to five-year

114 Views    Tiziano Frateschi    2019-06-27 20:49
Lear Corp, United Rentals make the list

The following stocks have low price-earnings ratios and have been bought by gurus. While some of them are great investments, others need to be checked again, according to the discounted cash flow calculator.

With a market cap of $9.19 billion, Lear Corp. (LEA) is trading with a price-earnings ratio of 8.56 and a price-book ratio of 2.27. Shares have fallen 24% over the last 12 months and are now trading 28.63% below the 52-week high and 28.69% above the 52-week low.

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GuruFocus gave the manufacturer of automotive seating and electrical systems a profitability and

70 Views    Tiziano Frateschi    2019-04-05 18:29
Lumber Liquidators makes the list

According to the GuruFocus All-in-One Screener, the following stocks are trading at a discount and have positive three- to five-year future earnings estimates.

PTC Inc. (PTC) is trading around $91 per share. The discounted cash flow calculator gives the stock a fair value of $5.35, suggesting it overpriced by 1,574%.

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The software developer has a GuruFocus profitability and growth rating of 5 out of 10. Its earnings per share have not changed over the last five years. Analysts project a three-year to five-year earnings growth rate of 34.07%. The return on equity of 6.10%

27 Views    Tiziano Frateschi    2019-03-29 19:56

NEW YORK, March 26, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Biogen Inc. (BIIB), Invesco Ltd. (:IVZ), Bunge Limited (:BG), Concho Resources Inc. (:CXO), Maximus, Inc. (:MMS), and Meredith Corporation (:MDP), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research.

Complimentary Access: Research Reports

Full copies of recently published reports are available to readers at the links below.

BIIB DOWNLOAD:

0 Views    Marketwired    2019-03-26 12:00
Pioneer Natural Resources, Chevron make the list

According to the GuruFocus All-In-One Screener, the following energy stocks are popular among gurus.

Pioneer Natural Resources Co. (PXD) is held by 13 gurus

The company, which produces oil and gas, has a market cap of $23.67 billion. Its revenue of $9.37 billion has grown 8.90% over a 10-year period.

The stock is trading with a price-earnings ratio of 24.70. The current share price of $140 is 34.13% below its 52-week high and 18.04% above its 52-week low. Over the last 10 years, it has returned a gain of 654%.

The company’s largest shareholder among the gurus is

55 Views    Tiziano Frateschi    2019-03-25 20:51
MongoDB advances on earnings beat

U.S. stocks were mostly lower Thursday on concerns regarding the U.S.-China trade deal, with a meeting between President Donald Trump and Chinese President Xi Jinping pushed back to April. The Dow Jones Industrial Average advanced 0.03% to 25,710, the S&P 500 Index fell 0.06% to 2,809 and the Nasdaq Composite Index slid 0.08% to 7,637.

Shares of MongoDB Inc. (MDB) jumped almost 27% after the company announced fourth-quarter results Thursday evening. Revenue grew 70.8% from the prior-year quarter to $85.5 million, beating expectations by $11.48 million. The company reported a loss of 17 cents per share, topping estimates by 21

6 Views    Omar Venerio    2019-03-14 20:45
The largest Insider Buys this week were for Devon Energy Corp., Invesco Ltd., GrubHub Inc. and Concho Resources Inc.

The largest Insider Buys this week were for Devon Energy Corp. (DVN), Invesco Ltd. (IVZ), GrubHub Inc. (GRUB) and Concho Resources Inc. (CXO).

Devon Energy Corp. (DVN): Director Robert H. Henry bought 11,651 shares

Director Robert H. Henry bought 11,651 shares of DVN stock on Feb. 27 at the average price of $30.01. The price of the stock has increased by 0.47% since.

Devon Energy Corp. is an American natural gas, natural gas liquids, and petroleum exploration company that is primarily focused on offshore exploration and production in North America. The company is also a component of the S&P 500.

105 Views    Shuda Xia    2019-03-02 21:17
Energy-focused firm releases 4th-quarter portfolio

BP Capital, the hedge fund of legendary oil tycoon T Boone Pickens (Trades, Portfolio), disclosed six new positions in its fourth-quarter 2018 portfolio, which was released earlier this week.

The Texas-based firm, which transitioned to a family office structure last year, operates two energy-focused mutual funds. The portfolio managers invest in companies that will benefit from the changing landscape of the oil and gas industry in the U.S.

Based on these criteria, the firm established positions in EnLink Midstream Partners LP (ENLK), Marathon Petroleum Corp. (MPC), Continental Resources Inc. (CLR), Newfield Exploration Co. (NFX), Concho Resources Inc.

177 Views    Sydnee Gatewood    2019-02-13 20:01

NEW YORK, Jan. 23, 2019 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fastenal Company (FAST), Concho Resources Inc. (:CXO), US Ecology, Inc. (ECOL), II-VI Incorporated (IIVI), Fortune Brands Home & Security, Inc. (:FBHS), and QUANTENNA COMMS (QTNA), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research.

Complimentary Access: Research Reports

Full copies of recently published reports are available to readers at the links

0 Views    Marketwired    2019-01-23 13:04
Meet Group releases promising outlook for 4th quarter, full year

U.S. stocks were in positive territory on Tuesday. The Dow Jones Industrial Average rose more than 120 points to 23,656, the S&P 500 index gained 0.32% to 2,557 and the Nasdaq Composite Index advanced 0.40% to 6,854.

Shares of The Meet Group Inc. (MEET) jumped more than 8% on Tuesday after the company announced preliminary fourth-quarter results. It projected revenue of $52.3 million, higher than prior revenue guidance of $47.8 million to $48.8 million. Further, adjusted earnings before interest, taxes, depreciation and amortization are expeted to be $10.3 million, up from its prior outlook of $8.7 million to $9.1 million.

8 Views    Omar Venerio    2019-01-08 21:26
La-Z-Boy posts strong 2nd-quarter results

U.S. stocks were in negative territory on Thursday morning ahead of the G20 meeting in Argentina. The Dow Jones Industrial Average fell to 25,318, the S&P 500 index slid 0.13% to 2,740 and the Nasdaq Composite Index declined 0.16% to 7,279.

Shares of La-Z-Boy Inc. (LZB) jumped nearly 6% on Thursday after the company posted second-quarter 2019 earnings of 48 cents per share on $439.33 million in revenue, reflecting 11.7% year-over-year growth. The company beat earnings estimates by 5 cents and revenue expectations by $5.29 million.

The consolidated GAAP operating margin was 6.5%, down from 8.7% in the prior-year quarter

6 Views    Omar Venerio    2018-11-29 20:11

NEW YORK, Nov. 29, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of HudBay Minerals Inc (:HBM), Meridian Bioscience Inc. (VIVO), ArQule, Inc. (ARQL), Mesoblast Limited (MESO), Concho Resources Inc. (:CXO), and Liberty Global PLC (LBTYK), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research.

Complimentary Access: Research Reports

Full copies of recently published reports are available to readers at the links below.

HBM

0 Views    Marketwired    2018-11-29 13:01

NEW YORK, Oct. 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Pepsico, Inc. (PEP), SBA Communications Corporation (SBAC), Cavco Industries, Inc. (CVCO), Concho Resources Inc. (:CXO), Enstar Group Limited (ESGR), and Amedisys, Inc. (AMED), including updated fundamental summaries, consolidated fiscal reporting, and fully-qualified certified analyst research.

Complimentary Access: Research Reports

Full copies of recently published reports are available to readers at the links below.

PEP

0 Views    Marketwired    2018-10-19 12:01
Company presents a startlingly asymmetric risk-reward profile with substantial upside

Executive summary:

Legacy Reserves Inc. (LGCY) presents a startlingly asymmetric risk-reward profile with substantial upside (3x to 13x returns from third quarter 2018 prices over the next 12 to 48 months). Please see the presentation included below for a detailed overview of this thesis.

Both cyclical and structural inefficiencies are at work to create this opportunity and to shield it from the market’s watchful eye. Legacy has operated a hated business model (upstream MLP) in a sector that has generally been out of favor for nearly four years. They have pivoted their business model and have very recently changed their

269 Views    Holly LaFon    2018-10-12 21:39
Energy-focused firm reports 2nd-quarter portfolio

BP Capital Fund Advisors, the hedge fund of legendary oil tycoon T Boone Pickens (Trades, Portfolio), released its second-quarter portfolio this week, listing 10 new positions.

Citing poor health and deteriorating returns, Pickens announced in a letter earlier this year that he was shutting down his hedge fund and transitioning it to a family office. BP Capital, however, will continue to manage its energy-focused mutual funds.

In order to capitalize on the changing dynamics of the global energy industry, the Texas-based firm focuses on a broad range of macro and micro factors to identify companies that are

245 Views    Sydnee Gatewood    2018-08-17 16:13

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2019-07-11 $102.7 (-0.29%)
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