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A look at a High Market Cap Stock: Concho Resources Inc., CXO

Concho Resources Inc., CXO is in the exchange NYSE and its industry is Oil & Gas Drilling & Exploration in the sector of Basic Materials. Based in USA, Concho Resources Inc., CXO  has a market cap of 18596.55. Since its IPO date on the 8/3/2007, Concho Resources Inc., CXO performance year to date is 37.12%. Today Concho Resources Inc., CXO has gained 10.19%, with a current price of 140.31.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 98.20%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -11.50%, with return on investment at 3.40%.

In terms of debt levels and profit levels, Concho Resources Inc., CXO is seeing a long-term debt/equity of 0.38. While Total debt/equity is 0. With a profit margin of -89.20%, this is combined with a gross margin of 69.00%, and operating margin of *TBA. Concho Resources Inc. ability to meet debt levels, with a current ratio of 3, while the quick ratio is 3.

For the last year Concho Resources Inc., CXO has seen a EPS growth of -88.90%. A performance for the year of 16.35%. The 52-week high is -2.29%, and the 52-week low is 100.61%. The average volume for Concho Resources Inc., CXO is 719992.

With a target price of 155.97, can Concho Resources Inc., CXO reach this target? Looking at the value indicators of Concho Resources Inc., CXO. Concho Resources Inc. has a P/E of *TBA and a forward P/E of 11575.45. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Concho Resources Inc. also has a P/S and a P/B of 12.4 and 2.4 respectively. For P/cash, Concho Resources Inc. has a value of 16.05, while it is *TBA for P/free cash flow.

At the current price of 140.31, Concho Resources Inc. has a dividend yield of *TBA. We see a return on equity of -20.40%.

Looking more long-term Concho Resources Inc., is projected to get an EPS growth for the next five years of 11.44%. In the short-term an EPS growth of -97.51% in the next year is forecasted. This is after a EPS growth of -88.90% for this year and for the last five years a -19.20% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Mark Hines

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