Concho resources inc. (CXO)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
ASSETS
Current assets:
Cash and cash equivalents

165

70

0

0

0

0

24

55

0

0

0

662

771

53

1,158

481

466

228

0

0

0

0

98

365

0

0

0

0

0

2

0

0

0

0

0

0

0

0

0

0

3

Accounts receivable, net:
Oil and natural gas

472

584

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts Receivable, Net, Current

-

-

535

460

530

466

520

410

392

331

271

227

239

220

202

200

191

203

229

251

219

250

256

273

266

223

277

224

195

198

212

167

222

213

216

216

182

136

99

88

69

Joint operations and other

298

304

263

301

413

365

387

245

260

212

223

241

248

238

207

163

168

190

220

257

401

409

338

315

249

247

277

278

209

202

225

208

192

153

168

170

149

131

101

88

100

Inventory

25

30

30

33

34

35

36

17

11

14

15

14

14

16

16

16

19

19

21

16

14

14

15

14

18

19

19

21

20

20

27

25

12

19

26

38

39

28

20

20

16

Assets held for sale

-

-

930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Derivative instruments

1,241

6

201

12

1

484

-

173

23

0

4

135

55

4

119

230

527

652

581

351

495

490

41

0

1

0

0

17

7

35

35

126

-

1

145

4

0

6

23

32

1

Deferred Tax Assets Net Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

76

40

30

33

-

16

0

0

-

47

28

-

28

76

42

2

0

29

Prepaid costs and other

59

61

58

54

49

59

61

50

33

35

37

39

40

31

30

36

33

38

39

40

37

37

35

22

17

18

19

19

17

19

23

12

11

12

15

16

9

12

11

10

13

Total current assets

2,260

1,055

2,017

860

1,027

1,409

1,028

950

719

592

535

1,304

1,353

562

1,718

1,111

1,388

1,314

1,070

901

1,154

1,188

771

1,053

575

520

607

539

446

458

496

515

474

411

547

438

419

330

238

220

217

Property and equipment:
Oil and natural gas properties, successful efforts method

26,644

28,785

28,497

33,321

32,559

31,706

30,980

22,518

22,023

21,267

20,754

19,710

19,287

18,476

16,769

16,490

16,217

15,846

15,682

15,183

14,609

13,867

13,048

12,280

11,768

11,215

10,852

10,422

9,907

9,455

9,724

8,279

7,919

7,347

6,687

6,280

5,932

5,616

3,871

3,697

3,358

Accumulated depletion and depreciation

16,182

7,895

7,477

11,479

10,138

9,701

9,362

8,962

8,658

8,460

8,167

7,904

7,667

7,390

7,403

7,107

6,830

5,047

4,681

4,353

4,053

3,790

3,100

2,833

2,600

2,384

2,176

1,979

1,729

1,565

1,542

1,388

1,249

1,116

995

881

784

730

692

630

517

Total oil and natural gas properties, net

10,462

20,890

21,020

21,842

22,421

22,005

21,618

13,556

13,365

12,807

12,587

11,806

11,620

11,086

9,365

9,382

9,387

10,798

11,001

10,830

10,555

10,076

9,948

9,447

9,167

8,831

8,676

8,443

8,178

7,890

8,182

6,891

6,669

6,230

5,691

5,398

5,148

4,885

3,178

3,067

2,840

Other property and equipment, net

449

437

408

374

350

308

277

235

246

234

232

234

209

216

181

183

182

178

160

146

132

129

117

116

116

114

111

105

103

103

97

99

77

59

53

50

44

28

17

16

15

Total property and equipment, net

10,911

21,327

21,428

22,216

22,771

22,313

21,895

13,791

13,611

13,041

12,819

12,040

11,829

11,302

9,547

9,566

9,569

10,976

11,162

10,976

10,688

10,206

10,065

9,564

9,283

8,946

8,787

8,548

8,282

7,993

8,280

6,991

6,746

6,290

5,745

5,449

5,193

4,913

3,195

3,083

2,856

Escrow Deposit

-

-

-

-

-

-

-

-

-

-

0

60

0

43

81

-

-

0

-

-

-

-

-

-

-

-

1

-

-

-

0

50

-

17

-

-

-

-

-

-

-

Deferred loan costs, net

6

7

8

9

9

10

11

12

12

13

14

15

10

11

12

13

14

15

60

63

65

20

70

73

69

73

76

79

74

77

80

72

72

65

68

70

49

52

19

20

20

Goodwill

0

1,900

2,141

2,222

2,229

2,224

2,246

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

17

17

17

18

18

19

20

21

22

26

24

24

24

24

24

24

25

25

26

26

26

27

27

27

28

28

28

29

29

30

32

32

33

33

33

34

34

34

35

35

36

Noncurrent derivative instruments

225

11

121

29

2

211

-

-

2

0

28

90

42

-

0

0

114

167

108

93

205

262

45

0

0

0

0

17

2

2

6

63

0

7

90

0

0

2

20

62

23

Other assets

195

398

400

124

112

108

10

19

15

60

47

44

47

177

169

168

154

122

76

75

51

33

42

22

2

1

7

6

7

6

8

8

7

4

10

4

5

5

11

0

0

Total assets

13,614

24,732

26,132

25,478

26,168

26,294

25,210

14,793

14,381

13,732

13,482

13,591

13,319

12,119

11,570

10,901

11,286

12,641

12,527

12,153

12,207

11,751

11,038

10,755

9,978

9,591

9,530

9,243

8,863

8,589

8,933

7,758

7,346

6,849

6,522

6,036

5,742

5,368

3,541

3,444

3,171

Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable - trade

80

53

66

55

61

50

44

51

33

43

36

26

35

28

22

20

20

13

26

44

23

20

33

50

34

13

36

19

7

31

18

29

11

23

6

11

5

39

7

5

15

Book overdrafts

-

-

55

143

105

159

87

0

72

116

68

-

-

0

-

-

-

-

109

82

19

92

0

0

90

36

69

59

39

24

40

33

70

39

56

30

44

12

38

37

3

Related parties

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

1

0

0

0

Revenue payable

260

268

220

255

258

253

283

226

185

183

135

129

139

132

111

109

123

169

185

202

160

238

190

195

199

177

194

161

133

162

142

133

177

146

143

123

82

57

40

30

31

Accrued drilling costs

382

386

471

506

605

574

548

354

307

330

381

446

445

359

326

279

267

228

303

472

665

718

493

410

372

318

323

441

371

351

340

319

360

293

291

296

247

215

174

190

164

Liabilities held for sale

-

-

69

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative instruments

0

112

15

126

292

0

547

358

248

277

37

0

10

82

3

0

-

0

-

-

-

-

1

162

70

53

71

6

34

1

2

-

116

56

1

74

194

97

27

18

62

Deferred Tax Liabilities Current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

197

115

166

-

2

-

-

0

0

0

0

8

11

45

-

0

52

-

-

-

-

3

-

Other current liabilities

324

363

444

318

339

320

367

257

264

216

153

165

151

152

109

166

193

184

205

181

188

195

170

164

171

156

178

153

183

160

145

137

131

142

108

100

115

83

62

60

60

Total current liabilities

1,046

1,182

1,340

1,403

1,660

1,356

1,876

1,246

1,109

1,165

810

766

780

753

572

575

604

596

1,028

1,099

1,224

1,264

891

983

938

756

874

843

769

740

700

699

867

701

661

637

689

506

350

347

337

Long-term debt

3,956

3,955

4,349

4,350

4,567

4,194

4,143

2,371

2,370

2,691

2,738

2,741

2,741

2,741

2,740

3,333

3,332

3,332

3,822

3,582

3,377

3,469

3,378

3,379

3,674

3,630

3,588

3,457

3,264

3,101

3,600

2,523

2,281

2,080

1,789

1,735

1,655

1,668

688

644

845

Deferred income taxes

87

1,654

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Tax Liabilities, Net

-

-

1,783

1,561

1,612

1,800

1,431

981

941

687

1,150

1,212

1,122

766

862

890

1,046

1,630

1,409

1,389

1,423

1,600

1,521

1,415

1,386

1,334

1,302

1,248

1,220

1,186

1,148

1,120

1,026

1,002

972

845

758

720

677

664

603

Noncurrent derivative instruments

0

7

0

12

75

0

363

168

79

102

6

0

3

96

53

54

0

0

-

3

0

-

0

63

17

14

24

0

16

12

2

-

88

32

0

83

150

51

15

5

29

Asset retirement obligations and other long-term liabilities

146

152

149

193

195

168

165

136

144

172

147

143

141

140

145

144

142

140

133

140

139

136

102

99

99

97

96

94

87

83

98

59

56

52

41

39

37

36

21

20

20

Commitments and contingencies (Note 7)

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

Stockholders’ equity:
Common stock, $0.001 par value; 300,000,000 authorized; 197,930,291 and 198,863,681 shares issued at March 31, 2020 and December 31, 2019, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

14,526

14,608

14,840

14,820

14,797

14,773

14,749

7,177

7,159

7,142

7,125

7,108

7,061

6,783

6,229

4,887

4,874

4,628

3,818

3,802

3,784

3,027

3,010

2,986

2,042

2,027

2,019

2,004

1,994

1,982

1,973

1,952

1,941

1,925

1,919

1,912

1,901

1,874

1,270

1,265

1,029

Retained earnings (accumulated deficit)

-5,997

3,320

3,817

3,284

3,406

4,126

2,613

2,812

2,675

1,840

1,573

1,686

1,534

884

1,008

1,059

1,325

2,345

2,346

2,166

2,287

2,279

2,149

1,844

1,832

1,741

1,635

1,605

1,520

1,490

1,415

1,409

1,089

1,058

1,141

785

553

510

518

498

306

Treasury stock, at cost; 1,225,682 and 1,175,026 shares at March 31, 2020 and December 31, 2019, respectively

150

146

146

145

144

131

130

98

96

67

67

65

63

44

43

43

41

31

31

30

29

26

16

15

14

10

10

10

10

-7

6

6

6

3

3

3

2

1

1

1

0

Total stockholders’ equity

8,379

17,782

18,511

17,959

18,059

18,768

17,232

9,891

9,738

8,915

8,631

8,729

8,532

7,623

7,194

5,903

6,158

6,942

6,133

5,938

6,042

5,280

5,143

4,815

3,861

3,757

3,644

3,599

3,505

3,466

3,382

3,355

3,025

2,980

3,057

2,694

2,451

2,383

1,788

1,762

1,335

Total liabilities and stockholders’ equity

13,614

24,732

26,132

25,478

26,168

26,294

25,210

14,793

14,381

13,732

13,482

13,591

13,319

12,119

11,570

10,901

11,286

12,641

12,527

12,153

12,207

11,751

11,038

10,755

9,978

9,591

9,530

9,243

8,863

8,589

8,933

7,758

7,346

6,849

6,522

6,036

5,742

5,368

3,541

3,444

3,171