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Concho Resources Inc$54.52($.42)(.76%)

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Income Statement for Concho Resources Inc
(Amounts are in millions) 12/2019 12/2018 12/2017
Press Release Press Release Press Release
Net Sales or Revenues $4,592.00 $4,151.00 $2,586.00
Cost of Goods Sold $1,180.00 $950.00 $607.00
Gross Profit $3,412.00 $3,201.00 $1,979.00
       
Research & Development Expense $0.00 $0.00 $0.00
Selling, General, & Admin. Expense $2,153.00 ($1,207.00) ($241.00)
Income Before Depreciation $1,259.00 $4,408.00 $2,220.00
       
Depreciation, Depletion, Amortization $2,246.00 $1,478.00 $1,146.00
Non-Operating Income $313.00 $108.00 ($47.00)
Interest Expense $185.00 $149.00 $146.00
Pretax Income ($859.00) $2,889.00 $881.00
       
Provision for Income Taxes ($154.00) $603.00 ($75.00)
Minority Interest $0.00 $0.00 $0.00
Investment Gains (Losses) $0.00 $0.00 $0.00
Other Income $0.00 $0.00 $0.00
Income Before Extraordinaries ($705.00) $2,286.00 $956.00
       
Extraordinary Items & Disc. Operations $0.00 $0.00 $0.00
Net Income ($705.00) $2,286.00 $956.00
       
Basic Earnings Per Share ($3.55) $13.28 $6.44
Diluted Earnings Per Share ($3.55) $13.25 $6.41
       
Weighted Average Basic Shares Outstanding 198.98 170.93 148.45
Weighted Average Diluted Shares Outstanding 198.98 171.25 148.45
       
Income Before Non-Recurring Items $611.00 $792.00 $311.00
Income From Non-Recurring Items ($1,316.00) $1,494.00 $645.00
Diluted Earnings Per Share before extras $3.05 $4.59 $2.09
       
Dividend (preferred) N/A N/A N/A
Dividend (common) $100.51 $0.00 $0.00
Dividend Per Share (common) $0.50 $0.00 $0.00




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