Concho Resources today announced that it has completed its acquisition of RSP Permian, Inc. The transaction creates the largest unconventional shale producer in the Permian Basin. Tim Leach, Chairman and Chief Executive Officer of Concho, commented, “We are excited to complete this transaction and welcome the RSP team to Concho. By combining [...]
RSP Permian Inc. today reported financial and operating results for the quarter ended March 31, 2018. In addition, the Company filed its Quarterly Report on Form 10-Q with the Securities and Exchange Commission . Highlights for the First Quarter 2018 1Q18 production increased 39% to 62.8 MBoe/d , compared to 1Q17 1Q18 net income was $89.6 million [...]
RSP Permian today announced that it will release its first quarter 2018 financial and operating results after the New York Stock Exchange closes on Wednesday, May 2, 2018. In connection with the release, RSP will host a conference call and webcast for investors on Thursday, May 3, 2018 at 10:00 a.m. Central Time to discuss the Company’s [...]
Shareholder rights law firm Johnson & Fistel, LLP has launched an investigation into whether the board members of RSP Permian breached their fiduciary duties in connection with the proposed sale of the Company to Concho Resources Inc. Additional Information: RSP Permian, is an independent oil and natural gas company, engaging in the acquisition [...]
Concho Resources and RSP Permian today announced they have entered into a definitive agreement under which Concho will acquire RSP in an all-stock transaction valued at approximately $9.5 billion, inclusive of RSP’s net debt. The consideration will consist of 0.320 shares of Concho common stock for each share of RSP common stock. The [...]
RSP Permian today reported financial and operating results for the quarter and year ended December 31, 2017, year-end 2017 proved reserves and 2018 guidance. In addition, the Company filed its Annual Report on Form 10-K for the year ended December 31, 2017 with the Securities and Exchange Commission and posted a presentation that supplements the [...]
RSP Permian today announced that it will release its fourth quarter and full-year 2017 financial and operating results after the New York Stock Exchange closes on Tuesday, February 27, 2018. In connection with the release, RSP will host a conference call and webcast for investors on Wednesday, February 28, 2018 at 9:00 a.m. Central Time (10:00 a.m [...]
RSP Permian announced today that Ted Collins, Jr. passed away unexpectedly on January 28, 2018. Mr. Collins was appointed to the Board of Directors of the Company in January 2014 and had a distinguished career in the oil and gas business for over 50 years. “On behalf of the Board of Directors and the entire RSP Permian team, we want to extend our [...]
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