Concho Resources Revenue, Profits - CXO Quarterly Income Statement

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$135.96 $1.77 (1.29%) CXO stock closing price Aug 13, 2018 (Closing)

Stock analysis based on fundamentals means looking at financial statements in addition to the Concho Resources stock price. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the CXO stock is bound to reflect the impact of the QOQ decline of -0.21%. One also needs to look at Concho Resources assets, operating expenses and Concho Resources free cash flow. The Concho Resources profit and loss statement shows revenue of $945M for 2018 Q2. Revenue has decreased by -0.21% QoQ for CXO stock.

View and download details of revenue and profits for Concho Resources for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Concho Resources Revenues or Net Sales
945M947M780M627M567M612M524.58M430.55M396.3M283.56M
Cost Of Goods Sold (COGS)209M211M174M154M144M135M122.56M103.57M110.22M114.95M
Concho Resources Gross Profit
736M736M606M473M423M477M402.04M326.97M286.07M168.6M
Research & Development Expense----------
Selling General & Admin Expense214M-603M487M266M-127M-867M274.44M25.18M374.2M1.41B
Income Before Depreciation Depletion Amortization522M1.34B119M207M550M1.34B127.61M301.78M-88.13M-1.24B
Depreciation Depletion Amortization310M317M298M284M281M283M276.96M299.2M280.96M310.08M
Non Operating Income-8M97M1M-63M15M--27.61M-31.1M-0.33M-6.53M
Interest Expense27M30M28M39M39M40M41.89M52.99M54.5M54.13M
Concho Resources Pretax Income
177M1.09B-206M-179M245M1.02B-218.83M-81.52M-423.93M-1.61B
Provision for Income Taxes40M254M-473M-66M93M371M-93.71M-30.37M-158.24M-593.77M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations137M835M267M-113M152M650M-125.14M-51.15M-265.69M-1.02B
Extraordinary Items & Discontinued Operations----------
Concho Resources Profit/ Loss (Net Income)
137M835M267M-113M152M650M-125.14M-51.15M-265.69M-1.02B
Average Shares used to compute Diluted EPS148.91M149.64M148.33M146.75M149.02M148M145.51M134.6M130.24M128.36M
Average Shares used to compute Basic EPS148.91M149.11M148.33M146.75M149.02M148M145.51M134.6M130.24M128.36M
Income Before Nonrecurring Items185M149M98M67M77M72M29.03M43.43M33.95M-6.96M
Income from Nonrecurring Items-48M686M169M-180M75M578M-154.17M-94.58M-299.63M-1.01B
Concho Resources Earnings Per Share Basic Net
0.925.601.80-0.771.024.39-0.86-0.38-2.04-7.95
Concho Resources Earnings Per Share Diluted Net
0.925.581.79-0.771.024.37-0.86-0.38-2.04-7.95
EPS Diluted Before Nonrecurring Items1.241.000.660.450.520.490.200.320.26-0.05
Preferred Dividends Acc Pd----------
Dividends Common0.000.000.00-------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Concho Resources stock analysis. An investor must check the following items in an income statement:

  • Topline: A growing topline, as seen from the Concho Resources revenue chart, as isn't the case with Concho Resources indicates a sagging business. One needs to compare the QoQ topline or sales growth of CXO stock with its peers like CLR stock and DVN stock to see if the growth compares well with what can be expected from a company in that industry.
  • Bottom line: This refers to the last line in a profit and loss statement and denotes the net profit or loss for a particular period. The figure currently stands at $137M for Concho Resources for 2018 Q2. This figure is arrived at after deducting all operating expenses, interest, and taxes from revenue.

The income statement is also called statement of revenue and expense. The CXO financials along with Concho Resources historical stock prices provide a lot of details about the firm.

Concho Resources Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
18.08
PS Ratio (price sales ratio)
6.14
Operating Margin
107.9
Net Profit Margin
88.2
Dividend Yield
0%