Aug. 15, 2019 Price forecast | 2 weeks: 1.78% | 1 month: 1.63% | 3 months: -1.39%


CXO stock forecast

Our latest prediction for Concho Resources, Inc.'s stock price was made on the Aug. 15, 2019 when the stock price was at 69.26$.

In the short term (2weeks), CXO's stock price should outperform the market by 1.78%. During that period the price should oscillate between -6.80% and +9.81%.

In the medium term (3months), CXO's stock price should underperform the market by -1.39%. During that period the price should oscillate between -15.26% and +23.52%.


About Concho Resources, Inc.

Concho Resources, Inc. engages in the acquisition, development and exploration of oil and natural gas properties. Its operations include Delaware Basin, and Midland Basin. The company was founded on February 22, 2006 and is headquartered in Midland, TX.

At the moment the company generates 4490M USD in revenues.

On its last earning announcement, the company reported a profit of 2.77$ per share.

The book value per share is 49.39$

Concho Resources, Inc. website


Three months stock forecastAug. 15, 2019


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
4490M 35.29% 1119M 24.90% 522M 2.77 0.25 - 197M 49.39 2870M -3532M -662M