Concho Resources’s revenue and net profit margin
Concho Resources’s (CXO) 2Q16 revenue fell by ~13% YoY (year-over-year). Its YoY revenue growth was about -4.2% in 2Q15 and -7% in 1Q16.
These companies make up 6.6% of the iShares US Oil & Gas Exploration & Production ETF (IEO).
Concho Resources also saw a fall in its net profit margin. In 2Q16, it was -47%. It had been -19% in 2Q15 and -188% in 1Q16.