CONCHO RESOURCES
Concho Resources is an independent oil and natural gas company that acquires, develops, and explores oil and natural gas properties. The company delivers production growth from continuing operations of 20% and year-over-year crude oil growth of 25%. Concho nearly doubles its drilling locations, identifying approximately 22,000 locations at year-end. Concho produces 33.6 million barrels of oil equivalent with a capital budget of approximately $1.8 billion. Concho acquires the assets of Three Riv... ers Operating Company for approximately $1 billion, significantly adding to the Company’s positions in the core northern Delaware Basin play, the Midland Basin Wolfberry play, and the emerging southern Midland Basin horizontal Wolfcamp play. Concho partially funds the acquisition with a $520 million divestiture of non-core Permian Basin assets. It produces 29.8 million barrels of oil equivalent with a capital budget of approximately $1.5 billion. It was launched in Midland, Texas in 2004.
CONCHO RESOURCES
Industry:
Energy Natural Resources Oil And Gas
Founded:
2004-01-01
Address:
Midland, Texas, United States
Country:
United States
Website Url:
http://www.conchoresources.com
Total Employee:
1001+
Status:
Active
Contact:
(432)683-7443
Email Addresses:
[email protected]
Technology used in webpage:
SPF SSL By Default Google Universal Analytics Mobile Non Scaleable Content Microsoft Exchange Online Office 365 Mail IPv6 Cloudflare JS CDN JS Cloudflare
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Current Advisors List
Current Employees Featured
Founder
Stock Details
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2018-03-28 | RSP Permian | RSP Permian acquired by Concho Resources | 9.5 B USD |
Official Site Inspections
http://www.conchoresources.com
- Host name: 138.32.33.72
- IP address: 138.32.33.72
- Location: Bartlesville United States
- Latitude: 36.7407
- Longitude: -95.9272
- Metro Code: 671
- Timezone: America/Chicago
- Postal: 74006
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