Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the first quarter of 2016. Highlights Delivered quarterly production of 12.7 million Boe, or 139.5 MBoepd, exceeding the high end of the Company’s guidance. Executed a disciplined capital program within cash flow and further strengthened the Company’s balance sheet, with a [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) will host a conference call on Thursday, May 5, 2016, at 8:30 AM CT (9:30 AM ET) to discuss first quarter 2016 financial and operating results. The Company plans to announce first quarter 2016 results on Wednesday, May 4, 2016, after close of trading. Conference Call Information: Dial-in: (855) 445-9894 Intl. dial-in: (330) 863-3281 Participant Passcode [...]
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the fourth quarter and full year 2015. Highlights Full-year 2015 production increased 28% year-over-year, with crude oil production up 31%. Exploration and development capital expenditures were $1.8 billion during 2015, down 28% from 2014. Year-end 2015 estimated proved reserves totaled [...]
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced three separate transactions that enhance the Company’s position in the southern Delaware Basin, high grade the Company’s portfolio and reduce net debt. Highlights Concho agreed to acquire approximately 12,000 net acres complementary to the Company’s core North Harpoon prospect in Ward and Reeves [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) will host a conference call on Thursday, February 25, 2016, at 8:30 AM CT (9:30 AM ET) to discuss fourth quarter and full-year 2015 financial and operating results. The Company plans to announce fourth quarter and full-year 2015 results on Wednesday, February 24, 2016, after close of trading. Conference Call Information: Dial-in: (855) 445-9894 Intl. dial-in [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that the Company will participate in the Goldman Sachs Global Energy Conference on Wednesday, January 6, 2016, and will participate in the U.S. Capital Advisors E&P Corporate Access Day on Wednesday, January 20, 2016. The Company will refer to its January 2016 Investor Presentation, which will be available on the Investor Relations section of [...]
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the third quarter of 2015. Highlights Production for the third quarter 2015 of 13.7 million Boe, or 149.3 MBoepd, was 32% higher year-over-year and exceeded the high-end of the Company’s guidance. Crude oil production increased by 34% over the same quarter a year ago. 2015 [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that it has priced an upsized public offering of 7,700,000 shares of its common stock for total gross proceeds (before underwriters’ fees and estimated expenses) of approximately $712 million. The underwriters have an option for 30 days to purchase up to an additional 1,155,000 shares of common stock from the Company. Proceeds from the [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced the launch of an underwritten public offering of 7,000,000 shares of common stock. The underwriters will have an option to purchase up to an additional 1,050,000 shares of common stock from the Company. Proceeds from the offering are expected to be used to repay all outstanding borrowings under the Company’s credit facility, which were [...]
Concho Resources Inc. (NYSE: CXO) (the “Company”) will host a conference call on Thursday, November 5, 2015, at 8:30 AM CT (9:30 AM ET) to discuss third quarter 2015 financial and operating results. The Company plans to announce third quarter 2015 results on Wednesday, November 4, 2015, 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”) today announced that the Company will participate in the Tuohy Brothers’ 6th Annual Energy Conference on Monday, August 10, 2015, and the Barclays CEO Energy-Power Conference on Wednesday, September 9, 2015. The Company will refer to its Investor Presentation, which will be available in advance of the first conference on the Investor Relations section of [...]
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the second quarter of 2015. Highlights Production for the second quarter 2015 of 13.4 million Boe, or 147.4 MBoepd, was 37% higher year-over-year and exceeded the high end of the Company’s guidance. Crude oil production increased by 45% over the same quarter a year ago and by 11 [...]
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