| Concho Resources is an independent oil and natural gas company engaged in the acquisition, development, exploration and production of oil and natural gas properties. Co.'s operations are primarily focused in the Permian Basin of Southeast New Mexico and West Texas. Co. is actively developing its resource base utilizing development projects, which include long-lateral wells and multi-well pad locations, throughout its operating areas. Co.'s operating areas include: the Midland Basin and the Delaware Basin, which includes its assets in the Northern Delaware Basin, Southern Delaware Basin and New Mexico Shelf. We show 39 historical shares outstanding datapoints in our coverage of CXO's shares outstanding history.|
Understanding the changing numbers of CXO shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CXO versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CXO by allowing them to research CXO shares outstanding history
as well as any other stock in our coverage universe.