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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 17873.09. Since its IPO date on the 8/3/2007, Concho Resources, Inc., CXO performance year to date is 32.94%. Today Concho Resources, Inc., CXO has gained 0.21%, with a current price of 123.71.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 92.90%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -9.40%, 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 0.56. While Total debt/equity is 0. With a profit margin of -72.40%, this is combined with a gross margin of 67.50%, and operating margin of -96.50%. Concho Resources, Inc. ability to meet debt levels, with a current ratio of 1.9, while the quick ratio is 1.9.

For the last year Concho Resources, Inc., CXO has seen a EPS growth of -88.90%. A performance for the year of 25.84%. The 52-week high is -9.96%, and the 52-week low is 76.88%. The average volume for Concho Resources, Inc., CXO is 45981.

With a target price of 146.44, 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 *TBA. 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 11.66 and 2.73 respectively. For P/cash, Concho Resources, Inc. has a value of 37.14, while it is *TBA for P/free cash flow.

At the current price of 123.71, Concho Resources, Inc. has a dividend yield of *TBA. We see a return on equity of -17.60%.

Looking more long-term Concho Resources, Inc., is projected to get an EPS growth for the next five years of 3.94%. In the short-term an EPS growth of -209.50% 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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Tony Dabbs

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