Concho Resources Inc Asset Turnover Ratio (CXO), as of third quarter 2020, current and historic results, rankings and more - CSIMarket
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Concho Resources Inc   (NYSE: CXO)
    Sector  Energy    Industry Oil And Gas Production
   Industry Oil And Gas Production
   Sector  Energy
 

Concho Resources Inc Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Concho Resources Inc asset turnover ratio, the ability of Concho Resources Inc 's assets to generate revenue in the third quarter 2020, increased sequentially to 0.22 in the third quarter (Sep 30 2020), yet the ratio remained below the average, as CXO's position remain challenging.

Within sector 76 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the Third Quarter 2020 compared to the preceding quarter from 2595 to 2597.

Asset Turnover Ratio Definition



CXO Asset Turnover Ratio (Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
(Mar 31 2020)
I. Quarter
(Dec 31 2019)
IV. Quarter
(Sep 30 2019)
III. Quarter
Y / Y Asset Change -52.02 % -49.84 % -47.97 % -5.94 % 3.66 %
Y / Y Revenue Change -25.2 % -57.94 % -16.49 % 16.78 % -6.46 %
Asset Turnover Ratio (TTM) 0.22 0.19 0.2 0.18 0.17
CXO's Total Ranking # 2597 # 2595 # 2772 # 2577 # 2595
Seq. Asset Change -1.9 % -6.13 % -44.95 % -5.36 % 2.57 %
Seq. Revenue Change 75.95 % -48.59 % -26 % 11.75 % -1.06 %



Asset Turnover Ratio Company Ranking
Within: No.
Oil And Gas Production Industry # 77
Energy Sector # 113
Overall Market # 2597

Asset Turnover Ratio Statistics
High Average Low
5.63 4.75 3.59
(Jun 30 2018)   (Sep 30 2015)







Companies with similar Asset Turnover Ratio for the quarter ending Sep 30 2020, within Energy Sector Asset Turnover Ratio Revenues for 12 Months ending Sep 30 2020 Assets at quarter ending Sep 30 2020
Halliburton Company  0.72 $ 16,399.000  Millions$ 22,744.250  Millions
Nine Energy Service Inc   0.72 $ 412.290  Millions$ 573.305  Millions
Select Water Solutions inc   0.72 $ 747.854  Millions$ 1,041.619  Millions
U.s. Well Services Inc.  0.69 $ 288.596  Millions$ 421.279  Millions
Ramaco Resources Inc   0.68 $ 163.380  Millions$ 238.721  Millions
Tetra Technologies Inc   0.68 $ 827.446  Millions$ 1,222.955  Millions
Trecora Resources  0.66 $ 212.206  Millions$ 321.104  Millions
Redhawk Holdings Corp   0.66 $ 1.531  Millions$ 2.322  Millions
Fts International Inc   0.64 $ 355.400  Millions$ 556.175  Millions
Expand Energy Corporation  0.64 $ 5,963.000  Millions$ 9,364.250  Millions
Imperial Oil Limited  0.61 $ 18,749.382  Millions$ 30,923.803  Millions
Alliance Resource Partners Lp  0.60 $ 1,414.954  Millions$ 2,375.021  Millions
Nuverra Environmental Solutions Inc   0.58 $ 123.477  Millions$ 212.952  Millions
Ion Geophysical Corp  0.58 $ 136.921  Millions$ 236.669  Millions
Peabody Energy Corp  0.58 $ 3,261.300  Millions$ 5,645.725  Millions
Exxon Mobil Corporation  0.57 $ 205,714.000  Millions$ 359,484.750  Millions
Daybreak Oil And Gas Inc   0.56 $ 0.482  Millions$ 0.854  Millions
Texas Pacific Land Corporation  0.56 $ 324.075  Millions$ 574.402  Millions
Covanta Holding Corporation  0.52 $ 1,898.000  Millions$ 3,674.000  Millions
Dorchester Minerals L p   0.52 $ 54.415  Millions$ 105.567  Millions
Enservco Corporation  0.50 $ 18.174  Millions$ 36.691  Millions
Expro Group Holdings N v   0.49 $ 433.451  Millions$ 886.890  Millions
Csi Compressco Lp  0.48 $ 382.492  Millions$ 794.273  Millions
Consol Coal Resources Lp  0.48 $ 230.302  Millions$ 481.478  Millions
Vaalco Energy Inc  0.46 $ 76.542  Millions$ 165.831  Millions
Chevron Corp  0.46 $ 105,796.000  Millions$ 230,142.750  Millions
Devon Energy Corp  0.45 $ 5,137.000  Millions$ 11,386.000  Millions
Southwestern Energy Company  0.44 $ 2,274.000  Millions$ 5,176.000  Millions
Superior Energy Services Inc   0.43 $ 768.439  Millions$ 1,783.202  Millions
Riley Exploration Permian Inc   0.42 $ 3.426  Millions$ 8.120  Millions



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