JSteve Guthrie - Concho Resources President

President

Mr. J.Steve Guthrie is the Senior Vice President Business Operations and Engineering of Concho Resources Inc. He was the Senior Vice President of Business Operations and Engineering of the Company since November 2013. Mr. Guthrie previously served as the Vice President of Texas of the Company from October 2010 to November 2013. Mr. Guthrie also served as Texas Asset Manager of the Company from July 2008 to October 2010 and as Corporationrationrate Engineering Manager from August 2004 to July 2008. Prior to joining the Company in 2004, Mr. Guthrie was employed by Moriah Resources as Business Development Manager, by Henry Petroleum in various engineering and operations capacities and by Exxon in several engineering and operations positions since 2013.
Age 55
Tenure 11 years
Phone432 683-7441
Webwww.concho.com
Guthrie is a graduate of Texas Tech University with a BS degree in Petroleum Engineering.

Concho Resources Management Efficiency

The company has Return on Asset of (30.69) % which means that on every $100 spent on assets, it lost $30.69. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (77.91) %, meaning that it generated no profit with money invested by stockholders. Concho Resources' management efficiency ratios could be used to measure how well Concho Resources manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 3.86 B in debt with debt to equity (D/E) ratio of 0.5, which is OK given its current industry classification. Concho Resources has a current ratio of 1.7, which is typical for the industry and considered as normal. Debt can assist Concho Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Concho Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Concho Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Concho to invest in growth at high rates of return. When we think about Concho Resources' use of debt, we should always consider it together with cash and equity.

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As of January 15, 2021, Concho Resources Inc. was acquired by ConocoPhillips. The company was founded in 2006 and is headquartered in Midland, Texas. Concho Resources operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 1453 people. Concho Resources (CXO) is traded on New York Stock Exchange in USA and employs 1,453 people.

Management Performance

Concho Resources Leadership Team

Elected by the shareholders, the Concho Resources' board of directors comprises two types of representatives: Concho Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Concho. The board's role is to monitor Concho Resources' management team and ensure that shareholders' interests are well served. Concho Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Concho Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Leach, Chairman, CEO and President Chairman of Concho Equity Holdings Corp and CEO of Concho Equity Holdings Corp
Matthew Hyde, Sr. VP of Exploration
Jacob Gobar, Chief Accounting Officer, Vice President
Joseph Wright, COO and Executive VP
Edwin Wright, COO, Executive Vice President
Mark Puckett, Lead Independent Director
Keith Corbett, Senior Vice President - Corporate Engineering and Planning
Scott Kidwell, Senior Vice President - Administration
Darin Holderness, CFO, Sr. VP and Treasurer
Price Moncrief, Senior Vice President - Corporate Development and Midstream
Steven Gray, Independent Director
Clay Bateman, Senior Vice President - Assets
Steven Beal, Independent Director
Mary Berry, Vice President Chief of Staff and Assistant Corporate Secretary
Gary Merriman, Independent Director
Travis Counts, Senior Vice President General Counsel, Corporate Secretary
Susan Helms, Independent Director
C Giraud, Chief Operating Officer, Executive Vice President
Erick Nelson, Senior Vice President - Operations and Production
William Easter, Independent Director
Ray Poage, Independent Director
JSteve Guthrie, Senior Vice President - Business Operations and Engineering
Jack Harper, Executive VP
Brenda Schroer, Chief Financial Officer, Senior Vice President, Treasurer
Gayle Burleson, Senior Vice President - Business Development and Land
Megan Hays, Vice President of Investor Relations and Public Affairs
William Giraud, Executive Vice President Chief Commercial Officer and Corporate Secretary
Tucker Bridwell, Independent Director
John Surma, Independent Director

Concho Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Concho Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Concho Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Concho Resources' short interest history, or implied volatility extrapolated from Concho Resources options trading.

Pair Trading with Concho Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Concho Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Concho Resources will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Merck could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Merck when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Merck - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Merck Company to buy it.
The correlation of Merck is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Merck moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Merck Company moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Merck can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Other Consideration for investing in Concho Stock

If you are still planning to invest in Concho Resources check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Concho Resources' history and understand the potential risks before investing.
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