Energy XXI Gulf Coast (EXXI) versus Concho Resources (CXO) Head to Head Comparison
Energy XXI Gulf Coast (NASDAQ: EXXI) and Concho Resources (NYSE:CXO) are both energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, dividends, risk, earnings and valuation.
This table compares Energy XXI Gulf Coast and Concho Resources’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Energy XXI Gulf Coast||N/A||N/A||N/A|
This table compares Energy XXI Gulf Coast and Concho Resources’ gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Energy XXI Gulf Coast||N/A||N/A||N/A||N/A||N/A|
|Concho Resources||$2.59 billion||8.68||$956.00 million||$6.41||23.49|
Concho Resources has higher revenue and earnings than Energy XXI Gulf Coast.
Institutional & Insider Ownership
90.6% of Energy XXI Gulf Coast shares are owned by institutional investors. Comparatively, 95.0% of Concho Resources shares are owned by institutional investors. 0.1% of Energy XXI Gulf Coast shares are owned by company insiders. Comparatively, 1.0% of Concho Resources shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This is a summary of recent recommendations and price targets for Energy XXI Gulf Coast and Concho Resources, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Energy XXI Gulf Coast||0||0||0||0||N/A|
Concho Resources has a consensus target price of $168.11, suggesting a potential upside of 11.65%. Given Concho Resources’ higher possible upside, analysts clearly believe Concho Resources is more favorable than Energy XXI Gulf Coast.
Concho Resources beats Energy XXI Gulf Coast on 8 of the 8 factors compared between the two stocks.
About Energy XXI Gulf Coast
Energy XXI Gulf Coast, Inc. (EGC) is an independent oil and natural gas development and production company which was focused on development drilling on the Company’s core properties. The Company’s properties are located in the United States Gulf of Mexico waters and the Gulf Coast onshore. The Company operates nine oilfields on the Gulf of Mexico Shelf. As of December 31, 2016, total proved reserves were 121.9 million barrels of oil equivalents (MMBOE) of which 78% were crude oil. The Company operated in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. The Company’s projects include Main Pass Complex, West Delta, Ship Shoal, Grand Isle and South Timbalier. The Main Pass complex is located in approximately 100 feet of water near the mouth of the mississippi river. It includes Main Pass 61 field and Main Pass 73 field along with the Main Pass 296 and 311.
About Concho Resources
Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The Company’s four operating areas include the Northern Delaware Basin, the Southern Delaware Basin, the Midland Basin and the New Mexico Shelf. As of December 31, 2016, the Company’s operations were focused in the Permian Basin, which underlies an area of Southeast New Mexico and West Texas approximately 250 miles wide and 300 miles long. The Permian Basin is an oil and natural gas producing region in the United States and is characterized by multiple producing horizons and enhanced recovery potential. As of December 31, 2016, the Company produced approximately 55.1 million barrels of oil equivalent (MMBoe) of oil and natural gas. As of December 31, 2016, all of its 720 MMBoe total estimated proved reserves were located in its core operating areas and consisted of approximately 59.5% oil and 40.5% natural gas.
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