Concho Resources Inc.

Concho Resources Inc. today reported financial and operating results for first-quarter 2018. First-Quarter 2018 Highlights Announced agreement to acquire RSP Permian Inc. Increased crude oil production volumes by approximately 14 MBopd, or 11%, quarter-over-quarter to 144 MBopd. Delivered total production of 228 MBoepd, exceeding the high end of the Company’s guidance range. Raised full-year 2018 production growth [...]

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 transaction was unanimously approved by the board of directors of each company [...]

Concho Resources Inc. will host a conference call on Wednesday, May 2, 2018 at 8:00 AM CT 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. Conference Call Information: Dial-in: 263-8298 Intl. dial-in: 219-0007 Participant Passcode: 7175736 To access the live webcast, visit the Company’s website at [...]

Concho Resources Inc. today reported financial and operating results for fourth-quarter and full-year 2017. Fourth-Quarter & Full-Year 2017 Highlights For fourth quarter, delivered crude oil production of 130 MBopd and total production of 211 MBoepd, exceeding the high end of the Company’s guidance range. For 2017, grew crude oil production 29% and total production 28% on a $1.7 billion capital program, excluding [...]

Concho Resources Inc. will host a conference call on Wednesday, February 21, 2018, at 8:00 AM CT 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. Conference Call Information: Dial-in: 263-8298 Intl. dial-in: 219-0007 Participant Passcode: 2989439 To access the live [...]

Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) today reported financial and operating results for the third quarter of 2017. Third-Quarter 2017 Highlights Delivered quarterly production of 193.2 MBoepd, exceeding the high end of the Company’s guidance range. Increased crude oil production by 31% year-over-year and 6% quarter-over-quarter to 119.6 MBopd. Advanced multi-zone [...]

Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that the cash tender offer (the “offer”) that it commenced on September 13, 2017 to purchase any and all of its outstanding 5.5% Senior Notes due 2022 and 5.5% Senior Notes due 2023 expired at 5:00 PM ET on September 25, 2017. According to D.F. King & Co., Inc., the tender agent for the offer, valid tenders [...]

Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has priced an offering of a total of $1,800 million aggregate principal amount of senior unsecured notes, consisting of $1,000 million aggregate principal amount of senior unsecured notes due 2027 (the “2027 notes”) and $800 million aggregate principal amount of senior unsecured notes due 2047 (the [...]

Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today announced that it has commenced a cash tender offer (the “offer”) to purchase any and all of the outstanding senior notes listed in the following table at the cash purchase price shown in the column titled “Purchase Price per $1,000 of Notes.” Issuer Title of Security CUSIP [...]

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 2027 (the “2027 notes”) and the other in 2047 (the “2047 notes”). The 2027 notes and the 2047 notes will be issued pursuant to new supplemental indentures to [...]