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Stocks That Fell to 3-Year Lows in the Week of July 26

Concho Resources Inc. (NYSE:CXO), Sasol Ltd. (NYSE:SSL), Cabot Oil & Gas Corp. (NYSE:COG) and Tata Motors Ltd. (NYSE:TTM) have declined to their three-year lows.

Concho Resources Inc. (NYSE:CXO) declined to $97.13

The prices of Concho Resources Inc. (NYSE:CXO) shares have declined to $97.13 on July 26, which is only 3.9% above the three-year low of $93.31.

Concho Resources Inc. is an American petroleum and natural gas exploration and production company that focuses its operations exclusively in the Permian Basin. The company is also a component of the S&P 500.

Concho Resources Inc. has a market cap of $19.48 billion; its shares were traded around $97.13 with a price-earnings ratio of 24.72 and price-sales ratio of 4.12. The trailing 12-month dividend yield of Concho Resources Inc. stocks is 0.25%. The forward dividend yield of Concho Resources Inc. stocks is 0.51%.

On April 30 Concho Resources Inc. reported first quarter 2019 results. Net loss for the quarter was $695 million, or $3.49 per share. Adjusted non-GAAP net income was $144 million, or 72 cents per share. Production for the quarter was 29.6 million barrels of oil equivalent, an increase of 44% from production during the same quarter prior year.

Sasol Ltd. (NYSE:SSL) declined to $21.93

The prices of Sasol Ltd. (NYSE:SSL) shares have declined to $21.93 on July 26, which is only 1.8% above the three-year low of $21.54. It is now 45.8% off the three-year of $39.73.

Sasol Ltd. is a South African international integrated energy and chemical company. The company focuses on developing and commercializing synthetic fuels and produces different liquid fuels, chemicals and electricity. The company is the largest corporate taxpayer in South Africa and one of the country's largest state-owned enterprises.

Sasol Ltd. has a market cap of $13.88 billion; its shares were traded around $21.93 with a price-earnings ratio of 11.75 and price-sales ratio of 1.10. The trailing 12-month dividend yield of Sasol Ltd. stocks is 4.47%. The forward dividend yield of Sasol Ltd. stocks is 4.46%. Sasol Ltd. had an annual average earnings growth of 2.80% over the past 10 years.

On July 5 Sasol Ltd. officially inaugurated its new Shodoni colliery in Mpumalanga as part of its R14 billion mine replacement program. Shodoni replaces Middelbult Colliery, which has reached the end of its lifespan. The Shodoni mine replacement program supports the company's strategy to operate its southern African facilities until 2050.

Cabot Oil & Gas Corp. (NYSE:COG) declined to $19.16

The prices of Cabot Oil & Gas Corp. (NYSE:COG) shares have declined to $19.16 on July 26, which is only 0.6% above the three-year low of $19.04.

Cabot Oil & Gas Corp. is an American natural gas company that is focused on both hydrocarbon exploration and production. As of Dec. 31, 2018, the company had 11.605 trillion cubic feet equivalent of proved reserves, all of which was natural gas located in the Marcellus Shale. The company is also a component of the S&P 500.

Cabot Oil & Gas Corp. has a market cap of $8.11 billion; its shares were traded around $19.16 with a price-earnings ratio of 11.75 and price-sales ratio of 3.63. The trailing 12-month dividend yield of Cabot Oil & Gas Corp. stocks is 1.52%. The forward dividend yield of Cabot Oil & Gas Corp. stocks is 1.65%. Cabot Oil & Gas Corp. had an annual average earnings growth of 4% over the past 10 years.

On July 26 Cabot Oil & Gas Corp. reported financial results for the second quarter of 2019. Net income for the quarter was $181 million, or 43 cents per share, compared to net income of $424 million, or 9 cents per share, during the same quarter prior year. Net cash provided by operating activities for the quarter was $326.7 million, compared to $273.9 million during the same quarter prior year. The company returned $163.4 million of capital to shareholders through dividends and share repurchases.

Tata Motors Ltd. (NYSE:TTM) declined to $10.57

The prices of Tata Motors Ltd. (NYSE:TTM) shares have declined to $10.57 on July 26, which is only 2.6% above the three-year low of $10.29.

Tata Motors Ltd. is an Indian international automotive manufacturing company. The company manufactures and markets passenger cars, trucks, vans, buses, construction equipment and military vehicles. The company has manufacturing plants across the world, including in Argentina, South Africa, Great Britain and Thailand.

Tata Motors Ltd. has a market cap of $6.66 billion; its shares were traded around $10.57 with a price-earnings ratio of 7.51 and price-sales ratio of 0.16. Tata Motors Ltd. had an annual average earnings growth of 29.50% over the past 10 years.

On July 25 Tata Motors Ltd. reported first quarter 2020 financial results. Wholesales for the quarter decreased 22.7% from the same quarter prior year to 136,705 units. Revenue for the quarter also decreased by 19.9% to Rs.13,352 Cr. Loss for the quarter after-tax was Rs. 97 Cr.

Disclosure: I do not own stock in any of the companies mentioned in the article.

This article first appeared on GuruFocus.