Concho is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The Company's operations are focused in the Permian Basin of Southeast New Mexico and West Texas.

Employee Rating

4.9More
TypePublic
HQMidland, US
Founded2004
Size (employees)1,203 (est)+11%
Websiteconcho.com
Concho Resources was founded in 2004 and is headquartered in Midland, US
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Key People/Management at Concho Resources

Tim Leach

Tim Leach

Chairman of the Board and Chief Executive Officer
Jack Harper

Jack Harper

President and Chief Financial Officer
Joe Wright

Joe Wright

Director, Executive Vice President and Chief Operating Officer
Will Giraud

Will Giraud

EVP
Gayle Burleson

Gayle Burleson

Senior Vice President of Business Development
Travis Counts

Travis Counts

Senior Vice President, General Counsel and Corporate Secretary
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Concho Resources Office Locations

Concho Resources has offices in Midland, Santa Fe, Houston and Artesia
Midland, (HQ)
600 W Illinois Ave
Artesia,
2208 W Main St
Houston,
2200 First City Tower 1001 Fannin St
Santa Fe,
1048 Paseo De Peralta
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Concho Resources Financials and Metrics

Concho Resources Revenue

Concho Resources's revenue was reported to be $2.59 b in FY, 2017
USD

Revenue (Q3, 2018)

1.2b

Gross profit (Q3, 2018)

1.0b

Gross profit margin (Q3, 2018), %

86.9%

Net income (Q3, 2018)

(199.0m)

EBIT (Q3, 2018)

(225.0m)

Market capitalization (12-Dec-2018)

24.5b

Closing stock price (12-Dec-2018)

122.2

Cash (30-Sep-2018)

24.0m

EV

28.6b
Concho Resources's current market capitalization is $24.5 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.3b2.7b1.8b1.6b2.6b

Revenue growth, %

15%(32%)(9%)

General and administrative expense

169.8m230.7m225.6m244.0m

Operating expense total

1.7b1.4b3.7b1.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

652.9m661.0m704.7m700.3m413.5m537.4m463.5m283.6m396.3m430.5m612.0m567.0m627.0m947.0m945.0m1.2b

Cost of goods sold

156.0m

Gross profit

1.0b

Gross profit Margin, %

87%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

21.0k21.0k228.6m53.3m

Accounts Receivable

Inventories

19.7m14.4m19.1m16.3m14.0m

Current Assets

520.9m1.2b1.3b546.5m592.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

251.0m538.2m65.9m(1.5b)956.0m

Depreciation and Amortization

772.6m979.7m1.2b1.2b1.1b

Inventories

509.0k2.4m(5.2m)1.9m

Accounts Payable

(18.5m)1.6m(17.7m)15.2m14.0m
Quarterly
USDY, 2018

EV/EBIT

-127.1 x

EV/CFO

15.4 x

Debt/Equity

0.2 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x
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Concho Resources Online and Social Media Presence

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Concho Resources News and Updates

Shale Oil Market 2018 Global Analysis By Key Players – Royal Dutch Shell, Exxon Mobil, BP, Continental Resources, Concho Resources, Hess corporation

WiseGuyReports.Com Publish a New Market Research Report On –“ Shale Oil Market 2018 Global Analysis By Key Players – Royal Dutch Shell, Exxon Mobil, BP, Continental Resources, Concho Resources, Hess corporation”. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Concho Resources Company Life and Culture

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Concho Resources Frequently Asked Questions

  • When was Concho Resources founded?

    Concho Resources was founded in 2004.

  • Who are Concho Resources key executives?

    Concho Resources's key executives are Tim Leach, Jack Harper and Joe Wright.

  • How many employees does Concho Resources have?

    Concho Resources has 1,203 employees.

  • What is Concho Resources revenue?

    Latest Concho Resources annual revenue is $2.6 b.

  • What is Concho Resources revenue per employee?

    Latest Concho Resources revenue per employee is $2.1 m.

  • Who are Concho Resources competitors?

    Competitors of Concho Resources include Cairn India, Lonestar Resources US and Parsley Energy.

  • Where is Concho Resources headquarters?

    Concho Resources headquarters is located at 600 W Illinois Ave, Midland.

  • Where are Concho Resources offices?

    Concho Resources has offices in Midland, Santa Fe, Houston and Artesia.

  • How many offices does Concho Resources have?

    Concho Resources has 4 offices.