Concho Resources Financials

Based on the key indicators related to Concho Resources' liquidity, profitability, solvency, and operating efficiency, Concho Resources is not in a good financial situation at the moment. It has a very high risk of going through financial straits in April.
With this module, you can analyze Concho financials for your investing period. You should be able to track the changes in Concho Resources individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Concho Resources Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Concho Resources' financial statements are interrelated, with each one affecting the others. For example, an increase in Concho Resources' assets may result in an increase in income on the income statement.
Evaluating Concho Resources' financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of Concho Resources' profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the Concho Resources' relative financial performance

Chance Of Distress

Over 100

 
100  
 
Zero
Dangerous
Concho Resources has more than 100 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Concho Resources stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Concho Resources' odds of distress score SHOULD NOT be confused with the real chance of Concho Resources filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Concho is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Concho Resources' liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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The data published in Concho Resources' official financial statements usually reflect Concho Resources' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Concho Resources. For example, before you start analyzing numbers published by Concho accountants, it's critical to develop an understanding of what Concho Resources' liquidity, profitability, and earnings quality are in the context of the Energy space in which it operates.
Please note, the presentation of Concho Resources' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Concho Resources' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Concho Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Concho Resources. Please utilize our Beneish M Score to check the likelihood of Concho Resources' management manipulating its earnings.

Concho Resources Company Summary

Concho Resources competes with Getty Realty, Simon Property, MYT Netherlands, Olympic Steel, and Arhaus. As of January 15, 2021, Concho Resources Inc. was acquired by ConocoPhillips. The company was founded in 2006 and is headquartered in Midland, Texas. Concho Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1453 people.
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS20605P1012
Business AddressOne Concho Center,
SectorEnergy
IndustryOil & Gas E&P
BenchmarkNYSE Composite
Websitewww.concho.com
Phone432 683 7441
CurrencyUSD - US Dollar
You should never invest in Concho Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Concho Stock, because this is throwing your money away. Analyzing the key information contained in Concho Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Concho Resources Key Financial Ratios

Generally speaking, Concho Resources' financial ratios allow both analysts and investors to convert raw data from Concho Resources' financial statements into concise, actionable information that can be used to evaluate the performance of Concho Resources over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Concho Resources reports annually and quarterly.

Concho Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Concho Resources's current stock value. Our valuation model uses many indicators to compare Concho Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Concho Resources competition to find correlations between indicators driving Concho Resources's intrinsic value. More Info.
Concho Resources is number one stock in cash flow from operations category among related companies. It is number one stock in return on asset category among related companies . . Comparative valuation analysis is a catch-all model that can be used if you cannot value Concho Resources by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Concho Resources' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Concho Resources' earnings, one of the primary drivers of an investment's value.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
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Other Consideration for investing in Concho Stock

If you are still planning to invest in Concho Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concho Resources' history and understand the potential risks before investing.
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