CXO's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.11 -- higher than merely 2.81% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Concho Resources Inc's sales and general administrative expense to its total operating expenses; just 2.41% of US stocks have a lower such ratio.
In terms of twelve month growth in earnings before interest and taxes, Concho Resources Inc is reporting a growth rate of -1,087.37%; that's higher than merely 1.62% of US stocks.
If you're looking for stocks that are quantitatively similar to Concho Resources Inc, a group of peers worth examining would be PE, MGY, HES, XOG, and DVN.
Concho Resources is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The company was founded in 2006 and is based in Midland, Texas.
MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that Tim Leach, Chairman and Chief Executive Officer, will present at the Bernstein 36th Annual Strategic Decisions Virtual Conference. The presentation will begin at 9:00 AM CT on Thursday, May 28, 2020. A live audio webcast of the presentation and the slide presentation will be available on the “Events & Presentations” page under the “Investors” section of the Company’s website at www.concho