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Concho's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Concho Resources engages in the acquisition, development and exploration of oil and natural gas properties.

Concho is hea... Read more

Based on data from Concho's latest SEC filings

Annual Revenue

Based on data from Concho's latest SEC filings

Employees

Timothy A. Leach's photo - Chairman & CEO of Concho

Chairman & CEO

Timothy A. Leach

CEO Approval Rating

73/100

OVERVIEW

Founded:

2004

Headquarters:

MidlandTexas

Status:

PublicIndependent Company of NYSECXO

Industry Sector:

Oil & Gas Drilling

SIC Code:

1381NAICS listing »

Top Competitors or Alternatives

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Is International Western Petroleum a competitor of Concho?

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Trending News for Concho and Concho's Competitors

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Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

Devon Energy is seen as one of Concho's top competitors. Devon Energy was founded in 1971, and is headquartered in Oklahoma City, Oklahoma. Devon Energy operates in the Oil & Gas Exploration & Production industry. Devon Energy generates $6B more revenue vs. Concho.

Parsley Energy is a top competitor of Concho. Parsley Energy was founded in 2008, and its headquarters is in Austin, Texas. Like Concho, Parsley Energy also operates in the Oil & Gas Drilling industry. Parsley Energy has 976 fewer employees than Concho.

Pioneer Natural Resources is Concho's #3 rival. Pioneer Natural Resources was founded in Irving, Texas} in 1997. Pioneer Natural Resources competes in the Oil & Gas Refining & Marketing industry. Compared to Concho, Pioneer Natural Resources generates $8B more revenue.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

Timothy A. Leach

Chairman & CEO

- -
1,503
$240.2M
$1.3B
1

David A. Hager

President & CEO

70/100
5,000
$1.1B
$9.7B
2

Matt Gallagher

President & CEO

80/100
527
$925M
$1.9B
3

Scott D. Sheffield

CEO

85/100
3,177
- -
$9B
4

CEO

- -
- -
5

Vicki A. Hollub

President & CEO

78/100
11,000
- -
$18.3B
6

Patrick Norris

CEO

69/100
1
$508K
$ < 1M
7

Jason Pigott

President & CEO

82/100
324
$297.5M
$920.6M
8

William R. Thomas

Chairman & CEO

73/100
2,800
- -
$17.6B
9

Christian S. Kendall

President & CEO

73/100
1,058
- -
$1.3B
10

Michael K. Wirth

Chairman & CEO

82/100
48,600
- -
$152.5B
The top 10 competitors in Concho's competitive set are Devon Energy, Parsley Energy, Pioneer Natural Resources, Unit, Occidental, International Western Petroleum, Laredo, EOG Resources, Denbury and Chevron. Together they have raised over 2.3B between their estimated 70.2K employees. Concho has 1,503 employees and is ranked 6th among it's top 10 competitors. The top 10 competitors average 7,399.

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.3B

Concho's revenue is the ranked 7th among it's top 10 competitors. The top 10 competitors average 21.3B. Over the last four quarters, Concho's revenue has decreased by 45.6%. Specifically, in Q3 2019's revenue was $92M; in Q2 2019, it was $78M; in Q1 2019, it was $169M; in Q4 2018, Concho's revenue was $169M.

Acquisitions

No recent acquisitions found related to Concho

Concho Funding History

Since Concho was founded in 2004, it has participated in 1 round of funding. In total Concho has raised $240.2M. Concho's funding round was on Aug 2007 for a total of $240.2M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Aug 2007
$240.2M

Total Funding: $240.2M

Since Concho was founded in 2004, it has participated in 1 round of funding. In total Concho has raised $240.2M. Concho's funding round was on Aug 2007 for a total of $240.2M

Investments

No recent investments found related to Concho

Concho News

October 30, 2019Houston Chronicle

Concho aims to right the ship after disastrous previous results

Midland's Concho Resources reported a rising profit and increased oil production for the third quarte... See more »
October 30, 2019Seeking Alpha

Concho tapping drilling now for federal lands ahead of potential ban

See more »
October 29, 2019MarketScreener

Reports Third-Quarter 2019 Results

(marketscreener.com) Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today reported fin... See more »
October 29, 2019Reuters

UPDATE 1-Concho Resources misses profit estimates on lower natural gas and crude prices

U.S. oil and gas producer Concho Resources Inc on Tuesday missed Wall Street estimates for adjusted p... See more »
October 29, 2019Seeking Alpha

Concho Resources Is An Attractive Value Play With Q3 '19 Report As A Driver

See more »
October 29, 2019Reuters

Concho Resources adjusted profit more than halves

U.S. oil and gas producer Concho Resources Inc's adjusted profit more than halved in the third quarte... See more »
October 24, 2019Zacks

Is a Beat Likely for Concho Resources This Earnings Season?

Concho Resources' (CXO) third-quarter oil and gas output is likely to have increased 12.9% year over ... See more »

Concho Press Releases

June 14, 2018StreetInsider

Concho Resources Inc. Announces Pricing of Senior Unsecured Notes

Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has priced an o... See more »
April 2, 2018MarketersMedia

Concho's Quarterly Revenue Surged 49%; Adjusted EPS Zoomed 230%

Stock Monitor: Kimbell Royalty Partners Post Earnings ReportingLONDON, UK / ACCESSWIRE / April 02, 20... See more »
December 12, 2017Business Wire

Concho Resources Inc. Schedules Fourth Quarter and Full-Year 2017 Results Conference Call for Wednesday, February 21, 2018

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. Schedules Fourth Quarter and Full-Year 2017 Re... See more »
August 23, 2017Blackbird

Concho Resources Inc. Schedules Third Quarter 2017 Results Conference Call for Wednesday, November 1, 2017

MIDLAND, Texas-(BUSINESS WIRE)-Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") will hos... See more »
August 21, 2017MarketersMedia

Concho's Revenue Soared 43%; Adjusted EPS Rocketed 100%

Research Desk Line-up: Enerplus Post Earnings CoverageLONDON, UK / ACCESSWIRE / August 21, 2017 / Pro... See more »
August 2, 2017STREETINSIDER

Concho Resources Inc. Reports Second Quarter 2017 Results

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating ... See more »
August 1, 2017Blackbird

Concho Resources Inc. Reports Second Quarter 2017 Results

MIDLAND, Texas-(BUSINESS WIRE)-Concho Resources Inc. (NYSE: CXO) (the "Company" or "Concho") today re... See more »

Concho Videos

Headquarters

600 West Illinois Avenue One Concho Center

Midland, Texas79701

432-683-7443

Driving Directions »

Trending Companies

Summary

ABOUT

Overview

Concho Resources engages in the acquisition, development and exploration of oil and natural gas properties. Concho was founded in 2004. Concho's headquarters is located in Midland, Texas, USA 79701. It has raised 240.2M in 1 round. The latest round wa...

CEO

Concho's Chairman & CEO, Timothy A. Leach, currently has an approval rating of 73%. Concho's primary competitors are Devon Energy, Parsley Energy & Pioneer Natural Resources.

Website

concho.com

Frequently Asked Questions about Concho

  1. When was Concho founded?

    Concho was founded in 2004

  2. Who is Concho's CEO?

    Concho's CEO is Timothy A. Leach

  3. How much revenue does Concho generate?

    Concho generates $1.3B in revenue

  4. How much funding does Concho have?

    Concho has historically raised $240.2M in funding

  1. Where is Concho's headquarters?

    Concho's headquarters is in Midland Texas, USA

  2. How many employees does Concho have?

    Concho has 1,503 employees

  3. What sector does Concho operate in?

    Concho is in Oil & Gas Drilling

  4. Who are Concho's competitors?

    Concho's top competitors are Devon Energy, Parsley Energy, Pioneer Natural Resources
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