Concho Resources Inc. (NYSE: CXO) (Concho or the Company) today reported financial and operating results for the three months ended March 31, 2014. Highlights include: Average production of 101.6 thousand barrels of oil equivalent per day (MBoepd) for the first quarter of 2014, above the high end of its previous quarterly guidance range of 98.0 to 101.0 MBoepd Added 39 new wells in the northern Delaware Basin [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) will host a conference call on Monday, May 12, 2014, at 9:00 AM CDT to discuss its first quarter financial and operating results. Earnings are expected to be released before the market opens on Monday, May 12, 2014. Individuals who would like to participate should call (800) 237-9752 (passcode: 78320382) approximately 15 minutes before the scheduled [...]
Concho Resources Inc. (NYSE: CXO) (the Company) today announced that John Surma has been appointed to the Companys Board of Directors and that Jack Harper has rejoined the Company as Executive Vice President. Mr. Surma joins the Companys Board of Directors after recently retiring as Chairman and Chief Executive Officer of United States Steel Corporation. Mr. Surma will serve on the Companys Audit Committee and [...]
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the 42nd Annual Howard Weil Energy Conference on Monday, March 24th at 2:05 PM CDT and the Morgan Stanley Permian Basin Energy Summit on Tuesday, April 1st at 8:00 AM CDT. The presentations will be available on Concho's website, www.concho.com. About Concho Resources Inc. Concho Resources Inc. is an independent oil and [...]
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the J.P. Morgan 2014 Global High Yield & Leveraged Finance Conference on Tuesday, February 25th at 7:40 AM EST, the Simmons & Company International Fourteenth Annual Energy Conference on Friday, February 28th at 11:10 AM PST and the Raymond James 35th Annual Institutional Investors Conference on Monday, March 3rd at 11:35 AM [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) today reported financial and operating results for the three months and year ended December 31, 2013. Highlights for the year ended December 31, 2013 include: Production of 33.6 million barrels of oil equivalent (MMBoe) for 2013, a 20% increase over 2012 production from continuing operations Net income of $251.0 million, or $2.39 per diluted share, for [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) today provided a 2013 operational update, including full-year production, year-end estimated proved reserves and costs incurred. Highlights include: Full-year production of 33.6 million barrels of oil equivalent (MMBoe), a 20% increase over 2012 production from continuing operations Year-end estimated proved reserves of 503 MMBoe, a 13% increase over [...]
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Goldman Sachs Global Energy Conference 2014 on Wednesday, January 8th at 10:15 AM EST, the BMO Capital Markets 11th Annual Unconventional Resource Conference on Tuesday, January 14th, and the U.S. Capital Advisors E&P Corporate Access Day on Tuesday, January 21st. The presentations will be available on Concho's website [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) announced today that the combined effect of two severe winter storms across the Permian Basin in late November and early December significantly impacted the Companys production. The Company experienced widespread power outages and considerable icing across all three of its core areas (New Mexico Shelf, Delaware Basin and Texas Permian). The impact of the [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) will host a conference call on Thursday, February 20, 2014, at 9:00 a.m. CST to discuss its fourth quarter financial and operating results. Earnings are expected to be released after the market closes on Wednesday, February 19, 2014. Individuals who would like to participate should call (877) 415-3186 (passcode: 28809385) approximately 15 minutes before the [...]
Concho Resources Inc. (NYSE: CXO) (Concho or the Company) today announced several management promotions designed to add depth and structure to Conchos management team. Joe Wright and Will Giraud, each formerly a Senior Vice President of the Company, have been promoted to Executive Vice President. These promotions recognize Joe and Wills past contributions to the Companys success, strengthen our organizational [...]
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Bank of America Merrill Lynch 2013 Global Energy Conference on Thursday, November 21st at 9:00 AM EST, the Bank of America Merrill Lynch 2013 Leveraged Finance Conference on Tuesday, December 3rd at 3:30 PM EST, and the Capital One Southcoast 8th Annual Energy Conference on Thursday, December 12th at 11:40 AM CST. The [...]