Concho Resources Inc (CXO) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Concho Resources Inc (CXO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Concho Resources Inc is an oil and natural gas company. It is engaged in the acquisition, development, exploitation and exploration of producing oil and natural gas properties. It operates in the Delaware Basin. Concho Resources Inc has a market cap of $22.18 billion; its shares were traded at around $149.16 with a P/E ratio of 37.77 and P/S ratio of 9.40.
Warning! GuruFocus has detected 4 Warning Signs with CXO. Click here to check it out.
The intrinsic value of CXO
For the last quarter Concho Resources Inc reported a revenue of $627.0 million, compared with the revenue of $430.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.6 billion, an increase of 58.2% from last year. For the last five years Concho Resources Inc had an average revenue growth rate of 0.9% a year. The Concho Resources Inc enjoyed an operating margin of 41.53%, compared with the operating margin of -126.57% a year before. The 10-year historical median operating margin of Concho Resources Inc is 32.07%. The profitability rank of the company is 6 (out of 10).
At the current stock price of $149.16, Concho Resources Inc is traded at 59.1% premium to its historical median P/S valuation band of $93.73. The P/S ratio of the stock is 9.40, while the historical median P/S ratio is 5.91. The stock gained 5.53% during the past 12 months.
CEO Recent Trades:
Chairman and CEO Timothy A Leach sold 40,000 shares of CXO stock on 02/06/2018 at the average price of $148.14. The price of the stock has increased by 0.69% since.
Directors and Officers Recent Trades:
Exec VP & Chief Operating Off E Joseph Wright sold 83,759 shares of CXO stock on 02/06/2018 at the average price of $148.27. The price of the stock has increased by 0.6% since.
For the complete 20-year historical financial data of CXO, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 4 Warning Signs with CXO. Click here to check it out.
The intrinsic value of CXO
