Concho Resources Inc (N:CXO)

Business Focus: Oil & Gas Exploration and Production

Oct 31, 2019 04:05 pm ET
Concho Resources Inc. Recommends Shareholders Reject “Mini-Tender” Offer by TRC Capital Investment Corporation
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it received notice of an unsolicited “mini-tender” offer by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to two million shares of Concho common stock at a price of $62.85 per share in cash. TRC Capital’s offer price is approximately 4.51% lower than the $65.82 closing share price of Concho’s common stock on October 25, 2019, the last trading day before the offer was commenced. The offer is for approximately 0.99% of the Company’s common shares outstanding.
Oct 29, 2019 04:06 pm ET
Concho Resources Inc. Declares Quarterly Dividend
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable December 20, 2019, to stockholders of record at the close of business on November 8, 2019.
Oct 29, 2019 04:05 pm ET
Concho Resources Inc. Reports Third-Quarter 2019 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for third-quarter 2019.
Sep 26, 2019 04:15 pm ET
Concho Resources Inc. Schedules Third-Quarter 2019 Results Conference Call for Wednesday, October 30, 2019
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, October 30, 2019 at 8:00 AM CT (9:00 AM ET) to discuss third-quarter 2019 financial and operating results. The Company plans to announce results for the third quarter of 2019 on Tuesday, October 29, 2019, after close of trading.
Sep 03, 2019 07:30 am ET
Concho Resources Inc. to Sell New Mexico Shelf Assets for $925 Million and Initiate $1.5 Billion Share Repurchase Program
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has entered into a definitive agreement to sell its assets in the New Mexico Shelf (the “Shelf”) to an affiliate of Spur Energy Partners LLC for $925 million.
Aug 22, 2019 04:05 pm ET
Concho Resources Inc. to Present at Barclays CEO Energy-Power Conference
Concho Resources Inc. (NYSE: CXO) (the “Company”) today announced that Tim Leach, Chairman and Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference in New York City, on Wednesday, September 4, 2019 at 9:05 AM ET.
Jul 31, 2019 04:21 pm ET
Concho Resources Inc. and Solaris Water Midstream Form Joint Venture for Produced Water Management in the Northern Delaware Basin
Concho Resources Inc. (NYSE: CXO) (“Concho”) and Solaris Water Midstream, LLC (“Solari
Jul 31, 2019 04:21 pm ET
Concho Resources Inc. Reports Second-Quarter 2019 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for second-quarter 2019.
Jul 30, 2019 04:08 pm ET
Concho Resources Inc. Declares Quarterly Dividend
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable September 30, 2019, to stockholders of record at the close of business on August 9, 2019.
May 23, 2019 05:50 pm ET
Concho Resources Inc. Schedules Second-Quarter 2019 Results Conference Call for Thursday, August 1, 2019, Announces Participation in Upcoming Conferences
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Thursday, August 1, 2019 at 8:00 AM CT (9:00 AM ET) to discuss second-quarter 2019 financial and operating results. The Company plans to announce results for the second quarter of 2019 on Wednesday, July 31, 2019, after close of trading.
Apr 30, 2019 04:05 pm ET
Concho Resources Inc. Reports First-Quarter 2019 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for first-quarter 2019.
Apr 30, 2019 04:03 pm ET
Concho Resources Inc. Declares Quarterly Dividend
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable June 28, 2019, to stockholders of record at the close of business on May 10, 2019.
Apr 15, 2019 07:15 am ET
Concho Resources Inc. and Frontier Midstream Solutions Announce Midstream Joint Venture
Concho Resources Inc. (NYSE: CXO) (“Concho”) and Frontier Midstream Solutions IV, LLC (“Frontier”) announced today that Concho and Frontier have executed an agreement to create Beta Crude Connector, LLC (“BCC”). Concho and Frontier will each own a 50% equity interest in BCC, with Frontier serving as operator. BCC will build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin, supporting continued oil production growth in the region.
Apr 02, 2019 07:05 am ET
Concho Resources Inc. Announces Sale of Its Interest in Oryx I Oil Gathering System
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that Oryx Southern Delaware Holdings, LLC, (“Oryx”), the owner of the Oryx I oil gathering and transportation system, has entered into an agreement to sell 100% of the equity interests in its subsidiaries to Stonepeak Infrastructure Partners for $2.07 billion. Concho owns a 23.75% equity interest in Oryx and will receive approximately $300 million at closing after repayment of Oryx’s outstanding borrowings.
Mar 28, 2019 04:10 pm ET
Concho Resources Inc. Schedules First-Quarter 2019 Results Conference Call for Wednesday, May 1, 2019
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, May 1, 2019 at 8:00 AM CT (9:00 AM ET) to discuss first-quarter 2019 financial and operating results. The Company plans to announce results for the first quarter of 2019 on Tuesday, April 30, 2019, after close of trading.
Mar 26, 2019 07:25 am ET
Detailed Research: Economic Perspectives on Biogen, Invesco, Bunge, Concho Resources, Maximus, and Meredith — What Drives Growth in Today's Competitive Landscape
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Biogen Inc. (NASDAQ:BIIB), Invesco Ltd. (NYSE:IVZ), Bunge Limited...
Feb 19, 2019 04:05 pm ET
Concho Resources Inc. Reports Fourth-Quarter and Full-Year 2018 Results; Updates 2019 Outlook
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported results for fourth-quarter and full-year 2018.
Feb 19, 2019 04:03 pm ET
Concho Resources Inc. Declares Quarterly Dividend
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) announced that its Board of Directors declared a quarterly dividend of $0.125 per share on the Company’s outstanding common stock. The quarterly dividend is payable March 29, 2019, to stockholders of record at the close of business on March 1, 2019.
Feb 04, 2019 08:00 am ET
Concho Resources Inc. Mourns Passing of Board Member Ray Poage
Concho Resources Inc. (NYSE: CXO) mourns the death of board member Ray Poage.
Jan 23, 2019 07:25 am ET
Market Trends Toward New Normal in Fastenal, Concho Resources, US Ecology, II-VI, Fortune Brands Home & Security, and QUANTENNA COMMS — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Fastenal Company (NASDAQ:FAST), Concho Resources Inc. (NYSE:CXO), US...
Jan 04, 2019 08:00 am ET
Concho Resources Inc. Schedules Fourth Quarter and Full-Year 2018 Results Conference Call for Wednesday, February 20, 2019
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, February 20, 2019 at 8:00 AM CT (9:00 AM ET) to discuss fourth quarter and full-year 2018 financial and operating results. The Company plans to announce fourth quarter and full-year 2018 results on Tuesday, February 19, 2019, after close of trading.
Jan 03, 2019 05:00 pm ET
Concho Resources Inc. Announces New Leadership Appointments
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today announced a series of leadership changes that enhance and expand the Company’s management team and position the Company for continued value creation.
Nov 29, 2018 07:35 am ET
Recent Analysis Shows HudBay Minerals, Meridian Bioscience, ArQule, Mesoblast, Concho Resources, and Liberty Global Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of HudBay Minerals Inc (NYSE:HBM), Meridian Bioscience Inc. (NASDAQ:VIVO),...
Oct 30, 2018 04:10 pm ET
Concho Resources Inc. Reports Third-Quarter 2018 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported third-quarter 2018 results.
Oct 19, 2018 07:50 am ET
New Research: Key Drivers of Growth for Pepsico, SBA Communications, Cavco Industries, Concho Resources, Enstar Group, and Amedisys — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Pepsico, Inc. (NASDAQ:PEP), SBA Communications Corporation (NASDAQ:SBAC),...
Sep 25, 2018 04:30 pm ET
Concho Resources Inc. Schedules Third Quarter 2018 Results Conference Call for Wednesday, October 31, 2018
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, October 31, 2018 at 8:00 AM CT (9:00 AM ET) to discuss third quarter 2018 financial and operating results. The Company plans to announce third quarter 2018 results on Tuesday, October 30, 2018, after close of trading.
Aug 01, 2018 04:15 pm ET
Concho Resources Inc. Reports Second-Quarter 2018 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for second-quarter 2018.
Jul 19, 2018 04:15 pm ET
Concho Resources Inc. Completes Acquisition of RSP Permian, Inc.
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has completed its acquisition of RSP Permian, Inc. (NYSE: RSPP) (“RSP”). The transaction creates the largest unconventional shale producer in the Permian Basin.
Jun 14, 2018 04:40 pm ET
Concho Resources Inc. Announces Pricing of Senior Unsecured Notes
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has priced an offering of a total of $1,600 million aggregate principal amount of senior unsecured notes, consisting of $1,000 million aggregate principal amount of senior unsecured notes due 2028 (the “2028 notes”) and $600 million aggregate principal amount of senior unsecured notes due 2048 (the “2048 notes” and collectively with the 2028 notes, the “notes”). The 2028 notes will bear interest at a rate of 4.300% per annum and will be issued at 99.660%
Jun 14, 2018 09:01 am ET
Concho Resources Inc. Announces Proposed Offering of Senior Unsecured Notes
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it intends, subject to market conditions, to publicly offer two new series of its senior unsecured notes, one of which will mature in 2028 (the “2028 notes”) and the other in 2048 (the “2048 notes” and collectively with the 2028 notes, the “notes”). The 2028 notes and the 2048 notes will be issued pursuant to new supplemental indentures to the Company’s existing base indenture, in each case in an aggregate principal amount to be determined at pricing.
Jun 11, 2018 07:35 am ET
Recent Analysis Shows Independent Bank, Teradyne, Cummins, Concho Resources, Ameren, and Aflac Market Influences — Renewed Outlook, Key Drivers of Growth
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Independent Bank Corp. (NASDAQ:INDB), Teradyne, Inc. (NYSE:TER), Cummins...
Jun 04, 2018 05:55 pm ET
Concho Resources Inc. Schedules Second Quarter 2018 Results Conference Call for Thursday, August 2, 2018
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Thursday, August 2, 2018 at 8:00 AM CT (9:00 AM ET) to discuss second quarter 2018 financial and operating results. The Company plans to announce second quarter 2018 results on Wednesday, August 1, 2018, after close of trading.
May 01, 2018 04:15 pm ET
Concho Resources Inc. Reports First-Quarter 2018 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for first-quarter 2018.
Apr 24, 2018 06:37 pm ET
WeissLaw LLP Investigates RSP Permian, Inc. Acquisition
NEW YORK, April 24, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of RSP Permian, Inc. ("RSPP" or the "Company") (NYSE: RSPP) in connection with the proposed acquisition of the Company by Concho Resources Inc. ("CXO") (NYSE: CXO) in a stock-for-stock transaction valued at approximately $9.5 billion, inclusive of debt.  Under the terms of the agreement, the Company's shareholders will receive 0.32 of a share of CXO for each RSPP share they own, representing consideration of $50.24....
Mar 28, 2018 07:00 pm ET
RSP PERMIAN INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of RSP Permian, Inc.
NEW ORLEANS, March 28, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of RSP Permian, Inc. ("RSP" or the "Company") (NYSE: RSPP) to Concho Resources Inc. ("Concho") (NYSE: CXO).  Under the terms of the proposed transaction, shareholders of RSP will receive only 0.320 shares of Concho common stock for each share of RSP that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration under...
Mar 28, 2018 06:01 am ET
Concho Resources Inc. to Acquire RSP Permian, Inc. in All-Stock Transaction
Concho Resources Inc. (NYSE: CXO) and RSP Permian, Inc. (NYSE: RSPP) 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 transaction was unanimously approved by the board of directors of each company.
Mar 22, 2018 04:15 pm ET
Concho Resources Inc. Schedules First Quarter 2018 Results Conference Call for Wednesday, May 2, 2018
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, May 2, 2018 at 8:00 AM CT (9:00 AM ET) to discuss first quarter 2018 financial and operating results. The Company plans to announce first quarter 2018 results on Tuesday, May 1, 2018, after close of trading.
Feb 20, 2018 04:15 pm ET
Concho Resources Inc. Reports Fourth-Quarter and Full-Year 2017 Results and Provides 2018 Outlook
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for fourth-quarter and full-year 2017.
Jan 17, 2018 08:20 am ET
Consolidated Research: 2018 Summary Expectations for Eclipse Resources, Unit, Post, Acceleron Pharma, SELECT EGY SVCS, and Concho Resources — Fundamental Analysis, Key Performance Indications
NEW YORK, Jan. 17, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Eclipse Resources Corporation (NYSE:ECR), Unit Corporation...
Dec 12, 2017 04:15 pm ET
Concho Resources Inc. Schedules Fourth Quarter and Full-Year 2017 Results Conference Call for Wednesday, February 21, 2018
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Wednesday, February 21, 2018, at 8:00 AM CT (9:00 AM ET) to discuss fourth quarter and full-year 2017 financial and operating results. The Company plans to announce fourth quarter and full-year 2017 results on Tuesday, February 20, 2018, after close of trading.
Nov 30, 2017 08:30 am ET
Analysis: Positioning to Benefit within FireEye, CSRA, Concho Resources, Trevena, Five Prime Therapeutics, and Endocyte — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, Nov. 30, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of FireEye, Inc. (NASDAQ:FEYE), CSRA Inc....
Oct 31, 2017 04:05 pm ET
Concho Resources Inc. Reports Third Quarter 2017 Results
Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the third quarter of 2017.
Feb 21, 2017 08:00 am ET
5 Energy Stocks Set to Rise Above the Crowd in 2017
LONDON, February 21, 2017 /PRNewswire/ --...
Feb 16, 2016 06:00 pm ET
Concho Resources Set to Join the S&P 500
NEW YORK, Feb. 16, 2016 /PRNewswire/ -- Concho Resources Inc. (NYSE:CXO) will replace Plum Creek Timber Co. (NYSE:PCL) in the S&P 500 after the close of trading on Friday, February 19. S&P 500 constituent Weyerhaeuser Co. (NYSE:WY) is acquiring Plum Creek Timber in a deal expected to be completed on or about that date pending final conditions....