| 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. The Concho Resources YTD return is shown above.
The YTD Return on the Concho Resources YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether Concho Resources YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the CXO YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.