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Concho Resources Inc (CXO) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Concho Resources Inc (CXO) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. 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 $22.52 billion; its shares were traded at around $112.45 with a P/E ratio of 15.57 and P/S ratio of 4.63.


For the last quarter Concho Resources Inc reported a revenue of $1.2 billion, compared with the revenue of $627.0 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.2 billion, an increase of 60.5% from last year. For the last five years Concho Resources Inc had an average revenue growth rate of 8.1% a year.

The reported diluted earnings per share was $13.25 for the year. The Concho Resources Inc enjoyed an operating margin of 32.21%, compared with the operating margin of 20.19% a year before. The 10-year historical median operating margin of Concho Resources Inc is 32.80%. The profitability rank of the company is 6 (out of 10).

At the current stock price of $112.45, Concho Resources Inc is traded at 23.8% discount to its historical median P/S valuation band of $147.57. The P/S ratio of the stock is 4.63, while the historical median P/S ratio is 6.07. The stock lost 23.58% during the past 12 months.

For the complete 20-year historical financial data of CXO, click here.

This article first appeared on GuruFocus.