Concho Resources Inc.

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the third quarter of 2016. Third-Quarter 2016 Highlights Delivered quarterly production of 14.1 million Boe, or 152.9 MBoepd, exceeding the high end of the Company’s guidance. Achieved record 30-day production rates in the Company’s northern Delaware and southern Delaware [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) will host a conference call on Wednesday, November 9, 2016, at 8:30 AM CT (9:30 AM ET) to discuss third quarter 2016 financial and operating results. The Company plans to announce third quarter 2016 results on Tuesday, November 8, 2016, after close of trading. Conference Call Information: Dial-in: (855) 445-9894 Intl. dial-in: (330) 863-3281 Participant [...]

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today completed its previously announced acquisition of approximately 40,000 net acres in the core of the Midland Basin from Reliance Energy for approximately $1.625 billion. The acquired assets, which are located in Andrews, Martin and Ector counties in Texas, include production of 10 MBoepd, comprised of 67% crude oil. Concho is [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that it has priced a public offering of 9,000,000 shares of its common stock for total gross proceeds (before underwriters’ fees and estimated expenses) of approximately $1,178 million. The underwriters have an option for 30 days to purchase up to an additional 1,350,000 shares of common stock from the Company. The underwriters intend to [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced the launch of an underwritten public offering of 9,000,000 shares of common stock. The underwriters will have an option to purchase up to an additional 1,350,000 shares of common stock from the Company. The underwriters intend to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the [...]

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today announced it has reached a definitive agreement to acquire approximately 40,000 net acres in the core of the Midland Basin from Reliance Energy, a privately held, Midland-based energy company, for $1.625 billion. The privately negotiated acquisition is consistent with Concho’s opportunistic and disciplined portfolio [...]

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the second quarter of 2016. Second-Quarter 2016 Highlights Delivered quarterly production of 13.2 million Boe, or 145.2 MBoepd, exceeding the high end of the Company’s guidance. Raised full-year 2016 production outlook to a range of 0% to 2% annual growth and maintained capital [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) will host a conference call on Wednesday, August 3, 2016, at 8:30 AM CT (9:30 AM ET) to discuss second quarter 2016 financial and operating results. The Company plans to announce second quarter 2016 results on Tuesday, August 2, 2016, after close of trading. Conference Call Information: Dial-in: (855) 445-9894 Intl. dial-in: (330) 863-3281 [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that the Company will participate in the following conferences: June 6, 2016 - RBC Global Energy & Power Executive Conference June 15, 2016 - Tudor, Pickering, Holt & Co. Hotter ‘N Hell Energy Conference June 21, 2016 - Wells Fargo West Coast Energy Conference June 27, 2016 - J.P. Morgan Energy Equity Investor Conference The Company will [...]

Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that Darin G. Holderness, the Company’s Senior Vice President, Chief Financial Officer and Treasurer, will retire from the Company in January 2017. Jack F. Harper, who is currently Executive Vice President of the Company, has assumed the additional roles of Chief Financial Officer and Treasurer, effective immediately. The Company further [...]