Concho Resources

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.
Company Growth (employees)
Type
Public
HQ
Midland, US
Founded
2004
Size (employees)
1,085 (est)
Website
concho.com
Concho Resources was founded in 2004 and is headquartered in Midland, US

Concho Resources Office Locations

Concho Resources has offices in Midland, Artesia, Houston, Santa Fe and in 1 other location
Midland, US (HQ)
600 W Illinois Ave
Santa Fe, US
1048 Paseo De Peralta
Houston, US
2200 First City Tower 1001 Fannin St
Artesia, US
2208 W Main St

Concho Resources Data and Metrics

Concho Resources Financial Metrics

Concho Resources's revenue was reported to be $612 m in Q1, 2017
USD

Revenue (Q1, 2017)

612 m

Net income (Q1, 2017)

650 m

EBIT (Q1, 2017)

1.1 b

Market capitalization (17-Aug-2017)

15.9 b

Cash (31-Mar-2017)

771 m
Concho Resources's current market capitalization is $15.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.3 b2.7 b1.8 b1.6 b

Revenue growth, %

15%(32%)(9%)

General and administrative expense

225.6 m

Operating expense total

1.7 b1.6 b1.4 b3.7 b

EBIT

617.4 m1.1 b381 m(2.1 b)

EBIT margin, %

27%41%21%(127%)

Interest expense

218.6 m216.7 m215.4 m203.5 m

Pre tax profit

357.2 m856 m97.3 m

Income tax expense

(118.2 m)(317.8 m)(31.4 m)876.1 m

Net Income

251 m538.2 m65.9 m(1.5 b)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

704.7 m700.3 m413.5 m537.4 m463.5 m283.6 m396.3 m430.5 m612 m

General and administrative expense

49.5 m52.8 m58.8 m60.9 m60.1 m53.8 m53.4 m53.5 m56 m

Operating expense total

49.5 m52.8 m58.8 m60.9 m60.1 m53.8 m53.4 m53.5 m56 m

EBIT

69.6 m(132 m)324.7 m(1.6 b)(369.1 m)2.6 m1.1 b

EBIT margin, %

17%(25%)70%(548%)(93%)1%173%

Interest expense

(55.4 m)(52.6 m)(53.6 m)(53.5 m)(53.8 m)(54.1 m)(54.5 m)(53 m)(40 m)

Pre tax profit

18.8 m491.6 m11.7 m(191.2 m)271.5 m(1.6 b)(423.9 m)(81.5 m)1 b

Income tax expense

(7.1 m)(186.4 m)(4.2 m)70.7 m(91.9 m)593.8 m158.2 m30.4 m(371 m)

Net Income

103.1 m408.3 m7.5 m(113 m)66.7 m(1 b)(1.3 b)(1.3 b)650 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

21 k21 k228.6 m53.3 m

Inventories

19.7 m14.4 m19.1 m16.3 m

Current Assets

520.9 m1.2 b1.3 b546.5 m

Total Assets

9.6 b11.8 b12.6 b12.1 b

Accounts Payable

28.5 m

Total Debt

2.7 b

Current Liabilities

756.9 m1.4 b596.4 m753.2 m

Additional Paid-in Capital

2 b3 b4.6 b6.8 b

Retained Earnings

1.7 b2.3 b2.3 b883.2 m

Total Equity

3.8 b5.3 b6.9 b7.6 b

Debt to Equity Ratio

0.4 x

Debt to Assets Ratio

0.2 x

Financial Leverage

2.6 x2.2 x1.8 x1.6 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

365.5 m98.9 m21 k280 k20 k466.8 m481.2 m1.2 b771 m

Inventories

14.1 m15.8 m14.4 m16.4 m21.7 m19.3 m16.3 m16.9 m14 m

Current Assets

1.1 b771 m1.2 b901.7 m1.1 b1.4 b1.1 b1.7 b1.4 b

Total Assets

10.8 b11 b12.2 b12.2 b12.5 b11.3 b10.9 b11.6 b13.3 b

Accounts Payable

50.7 m33.5 m23.6 m44.9 m26.8 m20.8 m20.2 m22.4 m35 m

Current Liabilities

983.3 m891.3 m1.2 b1.1 b1 b604.9 m575.6 m572.6 m780 m

Additional Paid-in Capital

3 b3 b3.8 b3.8 b3.8 b4.9 b4.9 b6.2 b7.1 b

Retained Earnings

1.8 b2.1 b2.3 b2.2 b2.3 b1.3 b1.1 b1 b1.5 b

Total Equity

4.8 b5.1 b6 b5.9 b6.1 b6.2 b5.9 b7.2 b8.5 b

Financial Leverage

2.2 x2.1 x2 x2 x2 x1.8 x1.8 x1.6 x1.6 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

251 m538.2 m65.9 m(1.5 b)

Depreciation and Amortization

772.6 m979.7 m1.2 b1.2 b

Accounts Receivable

(40 m)(100 m)118 m22 m

Inventories

509 k2.4 m(5.2 m)1.9 m

Accounts Payable

(18.5 m)1.6 m(17.7 m)15.2 m

Cash From Operating Activities

1.4 b1.7 b897.5 m1.4 b

Cash From Investing Activities

(1.9 b)(2.5 b)(2 b)(2.2 b)

Cash From Financing Activities

531.9 m872.2 m1.3 b664.9 m

Interest Paid

211.3 m211.4 m232.2 m

Income Taxes Paid

21.4 m27.8 m4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

103.1 m408.3 m7.5 m(113 m)66.7 m(1 b)(1.3 b)(1.3 b)650 m

Depreciation and Amortization

458.8 m715.6 m267.2 m572 m901.5 m310.1 m591 m890.3 m283 m

Accounts Receivable

(83.1 m)(76 m)35.7 m55.9 m111.5 m68.7 m59.7 m61 m(6 m)

Inventories

4.8 m3.1 m3 k(1.9 m)(7.2 m)(219 k)2.5 m1.6 m

Accounts Payable

36.6 m18.5 m3.1 m23.3 m4.1 m7.5 m7 m9.3 m7 m

Cash From Operating Activities

854.7 m1.3 b126.2 m488.9 m760.6 m112.3 m249.8 m437.3 m407 m

Cash From Investing Activities

(1.1 b)(1.8 b)(651.8 m)(1.3 b)(1.8 b)136.1 m14.8 m(201.2 m)330 m

Cash From Financing Activities

635.7 m645.5 m525.5 m795.5 m1.1 b(10.1 m)(12 m)694.3 m(19 m)
USDY, 2017

Revenue/Employee

564.1 k

Financial Leverage

1.6 x

Concho Resources Market Value History

Traffic Overview of Concho Resources

Concho Resources Online and Social Media Presence

Concho Resources News and Updates

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