Concho Resources Stock EBITDA
Concho Resources fundamentals help investors to digest information that contributes to Concho Resources' financial success or failures. It also enables traders to predict the movement of Concho Stock. The fundamental analysis module provides a way to measure Concho Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Concho Resources stock.
Concho |
Concho Resources Company EBITDA Analysis
Concho Resources' EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Concho Resources EBITDA | 2.72 B |
Most of Concho Resources' fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Concho Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
CompetitionAccording to the company disclosure, Concho Resources reported earnings before interest,tax, depreciation and amortization of 2.72 B. This is 54.62% lower than that of the Energy sector and 62.63% higher than that of the Oil & Gas E&P industry. The ebitda for all United States stocks is 30.23% higher than that of the company.
Concho EBITDA Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Concho Resources' direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Concho Resources could also be used in its relative valuation, which is a method of valuing Concho Resources by comparing valuation metrics of similar companies.Concho Resources is currently under evaluation in ebitda category among related companies.
Concho Fundamentals
| Return On Equity | -77.91 | |||
| Return On Asset | -30.69 | |||
| Operating Margin | 83.34 % | |||
| Current Valuation | 16.21 B | |||
| Shares Outstanding | 196.3 M | |||
| Shares Owned By Insiders | 0.87 % | |||
| Shares Owned By Institutions | 93.00 % | |||
| Number Of Shares Shorted | 5.88 M | |||
| Price To Earning | 24.80 X | |||
| Price To Book | 1.64 X | |||
| Price To Sales | 3.95 X | |||
| Revenue | 3.26 B | |||
| Gross Profit | 3.48 B | |||
| EBITDA | 2.72 B | |||
| Net Income | (10.25 B) | |||
| Cash And Equivalents | 402 M | |||
| Cash Per Share | 2.07 X | |||
| Total Debt | 3.86 B | |||
| Debt To Equity | 0.49 % | |||
| Current Ratio | 1.73 X | |||
| Book Value Per Share | 40.03 X | |||
| Cash Flow From Operations | 2.9 B | |||
| Short Ratio | 2.82 X | |||
| Earnings Per Share | (52.27) X | |||
| Price To Earnings To Growth | 0.48 X | |||
| Number Of Employees | 1.45 K | |||
| Beta | 1.99 | |||
| Market Capitalization | 12.88 B | |||
| Total Asset | 12.64 B | |||
| Retained Earnings | 2.79 B | |||
| Working Capital | 718.13 M | |||
| Current Asset | 1.31 B | |||
| Current Liabilities | 596.42 M | |||
| Z Score | 1.8 | |||
| Last Dividend Paid | 0.2 |
Pair Trading with Concho Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Concho Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Concho Resources will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Amphenol could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amphenol when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amphenol - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amphenol to buy it.
The correlation of Amphenol is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amphenol moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amphenol moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amphenol can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |