Concho Resources Net Tangible Assets

Concho Resources (CXO) currently reports a net tangible assets of $7.8B as of September 2020. That compares with $19B in the prior-year period — down 57.9% year over year. Use the charts on this page to explore Concho Resources's net tangible assets history and peer comparisons.

Concho Resources's net tangible assets decreased from $19B to $7.8B — a 57.9% year-over-year decrease (period ending September 2020). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.

Concho Resources reported $7.8B in net tangible assets as of September 2020. That compares with $19B in the prior-year period — down 57.9% year over year. Absolute dollar amounts are most useful when compared with prior periods, peers, and related line items such as revenue, assets, or liabilities on Stockcircle.

Start with the current net tangible assets of $7.8B, then check the historical chart for trend and the peer comparison chart for relative positioning. From there, open related valuation or income-statement pages for Concho Resources, and consider following CXO for alerts when major investors trade the stock.

Concho Resources is classified in the Energy sector. On net tangible assets, it currently shows $7.8B. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing CXO with unrelated industries.