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Concho Resources Inc

Energy
$65.60
- $4.20 (6.02%) 1D
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Performance

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    Today’s High
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      52W High
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      Open PricePrev. CloseVolumeAvg. Volume
      $69.12$65.6018,053,8012,470,526

      Fundamentals

      Market Cap$12.87B
      P/B Ratio1.7
      P/E Ratio-1.3
      Enterprise Value$16.33B
      Div. Yield1.22%
      Book Value39.67
      EPS(TTM)-0.31
      ROENA
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      About the Company

      Concho Resources, Inc. is an American company engaged in hydrocarbon exploration. It traces its roots to the Concho Equity Holdings Corp., founded in 2004. This company was incorporated and organised in Delaware with its operations focused in the Per
      Concho Resources, Inc. is an American company engaged in hydrocarbon exploration. It traces its roots to the Concho Equity Holdings Corp., founded in 2004. This company was incorporated and organised in Delaware with its operations focused in the Permian Basin, and headquartered in Texas. In 2006, Concho Equity Holdings Corp acquired assets from Chase Oil Corporation, thus forming Concho Resources, Inc. Concho Resources shares began trading on the New York Stock Exchange (NYSE) in 2007 under the ticker symbol CXO. CXO shares are a component of the S&P 500 index. In 2019, the company held estimated reserves of 1,002 million barrels of oil equivalent (BOE). These reserves consist of petroleum, natural gas and natural gas liquids. Over the years, CXO has expanded its operations, which were earlier confined to the Permian Basin, to include the Delaware Basin as well as the Midland Basin. The company has continued to grow through several acquisitions. In 2008, it bought-off Henry Petroleum at a transaction of $584 million. Concho Resources acquired Marbob Energy Corporation’s assets under the Permian Basin for $1.65 billion in 2010. Subsequently, in 2012, it acquired the Three River Operating Company for a purchase price of $1 billion. 2016 saw another major merger when CXO acquired assets under the Midland Basin from Reliance Energy in a transaction valued at $1.625 billion. In October 2018, CXO purchased RSP Permian Inc. for $9.5 billion in stocks, which was the largest Permian deal in history. Concho Resources was recognised as one of America’s Largest Public Companies by Forbes in 2018. In 2019, Forbes included Concho under its list of Global 2000, where it ranked 760th. In 2020, the company announced that it would merge its operations with ConocoPhillips, post a deal worth $9.7 billion.
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      OrganisationConcho Resources Inc
      IndustryOil & Gas E&P
      HeadQuartersMidland, TX

      Company Financials

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      FAQs on Concho Resources Inc

      Can I Buy Concho Resources Inc Shares in India?

      Yes, Concho Resources Inc shares can be bought in India by opening an international trading account with Groww.

      How to Buy Concho Resources Inc Shares in India?

      One can easily invest in Concho Resources Inc shares from India by: Direct Investment - Opening an international trading account with Groww which includes KYC verification in the US. Your account gets activated in a few minutes to a few hours, after which you can start adding funds in USD balance to buy Concho Resources Inc shares. Indirect Investment - Under this form of investment, you can choose either a Mutual Fund (MF) or an Exchange-Traded Fund (ETF) that invests in global shares and start investing in shares of Concho Resources Inc.

      What is the Share Price of Concho Resources Inc?

      The share price of Concho Resources Inc is in Dollars and if you are investing from India, you can always check the INR valuation before investing. The current Concho Resources Inc share price is $65.60 as of 20 May ‘22

      What is the Market Cap of Concho Resources Inc?

      The Concho Resources Inc market cap is $12.87B as of 20 May ‘22

      What is the PE and PB ratio of Concho Resources Inc?

      The PE and PB ratio of Concho Resources Inc is -1.3 and 1.7 as of 20 May ‘22
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