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Concho Resources Inc (CXO.N)

CXO.N on New York Stock Exchange

127.36USD
22 Jun 2018
Change (% chg)

$2.89 (+2.32%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Concho Resources Inc Announces Pricing Of Senior Unsecured Notes
Thursday, 14 Jun 2018 

June 14 (Reuters) - Concho Resources Inc ::CONCHO RESOURCES INC. ANNOUNCES PRICING OF SENIOR UNSECURED NOTES.CONCHO RESOURCES - PRICED OFFERING OF A TOTAL OF $1,600 MILLION OF SENIOR UNSECURED NOTES.CONCHO RESOURCES INC - OFFERING CONSISTS OF $1,000 MILLION SENIOR UNSECURED NOTES DUE 2028 AND $600 MILLION SENIOR UNSECURED NOTES DUE 2048.CONCHO RESOURCES - 2028 NOTES WILL BEAR INTEREST AT A RATE OF 4.300% PER ANNUM & WILL BE ISSUED AT 99.660% OF PAR.CONCHO RESOURCES INC - 2048 NOTES WILL BEAR INTEREST AT A RATE OF 4.850% PER ANNUM AND WILL BE ISSUED AT 99.740% OF PAR.  Full Article

Concho Resources Says On May 17, Board Increased Size Of Board By One Member
Friday, 18 May 2018 

May 18 (Reuters) - Concho Resources Inc ::CONCHO RESOURCES SAYS ON MAY 17, BOARD INCREASED SIZE OF BOARD BY ONE MEMBER - SEC FILING.  Full Article

RSP Permian Says Concho CEO Will Continue To Lead Combined Co
Wednesday, 28 Mar 2018 

March 28 (Reuters) - RSP Permian Inc ::RSP PERMIAN SAYS CONCHO CHAIRMAN & CEO TIM LEACH WILL CONTINUE TO LEAD COMBINED CO - SEC FILING.  Full Article

Concho Resources Says Upon Deal Termination With RSP Permian, Co To Pay RSP A Fee Of $350 Million
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Concho Resources Inc ::CONCHO RESOURCES SAYS UPON DEAL TERMINATION WITH RSP PERMIAN UNDER SPECIFIED CIRCUMSTANCES, CO TO PAY RSP A FEE OF $350 MILLION - SEC FILING.CONCHO RESOURCES - UPON DEAL TERMINATION WITH RSP PERMIAN UNDER SPECIFIED CIRCUMSTANCES, RSP TO PAY CO A FEE OF $250 MILLION.  Full Article

Concho Resources posts Q3 adj. earnings per share $0.45
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Concho Resources Inc :Concho Resources Inc reports third quarter 2017 results.Q3 adjusted non-GAAP earnings per share $0.45.Q3 loss per share $0.77.Q3 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Expects production to average approximately 200 mboepd to 204 mboepd, with a 62 pct oil mix, in the fourth quarter of 2017‍​.Concho Resources Inc - ‍crude oil production for Q3 of 2017 totaled 119.6 thousand barrels per day (mbopd), an increase of approximately 31 pct from Q3 of 2016​.Concho Resources - for Q4, co expects oil & natural gas production expense to be at high end of the guidance range of $5.50 per boe to $6.00 per boe‍​.Production for Q3 averaged 193.2 thousand boe per day (mboepd), an increase of about 26 pct from the third quarter of 2016‍​.Qtrly total operating revenues $627 million versus $430 million.  Full Article

Concho Resources Inc files for sale of up to 3.9 mln shares
Tuesday, 4 Oct 2016 

Concho Resources Inc :Concho Resources Inc files for sale of up to 3.9 mln shares of co's common stock by the selling stockholder - Sec Filing- Sec Filing.  Full Article

Concho Resources announces public offering of common stock
Monday, 15 Aug 2016 

Concho Resources Inc : Announces public offering of common stock . Says offering 9.00 million common shares .Proceeds from offering expected to finance part of cash portion of purchase price for co's acquisition of midland basin assets.  Full Article

Concho Resources buys Midland Basin assets for $1.625 bln
Monday, 15 Aug 2016 

Concho Resources Inc : Deal for $1.625 billion . Deal for 2017 production growth outlook approximately 20% . Consideration in transaction includes about $1.1 billion of cash and 3.96 million shares of Concho's common stock valued at about $0.5 billion . Concho Resources Inc says intends to fund cash portion of acquisition through proceeds from a potential equity market transaction . Concho Resources Inc announces acquisition of Midland Basin Assets .Updated its full-year 2016 production outlook to a range of 1% to 3% annual growth to reflect production from acquired assets in Q4 of 2016.  Full Article

Concho Resources reports Q2 loss per share $2.04
Tuesday, 2 Aug 2016 

Concho Resources Inc : Concho Resources Inc reports second quarter 2016 results . Q2 adjusted non-GAAP earnings per share $0.26 . Q2 loss per share $2.04 . Q2 earnings per share view $0.08 -- Thomson Reuters I/B/E/S . Delivered quarterly production of 13.2 million boe, or 145.2 mboepd . For Q3 of 2016, concho expects production to average between 144 mboepd and 148 mboepd . Raised full-year 2016 production outlook to a range of 0 pct to 2 pct annual growth and maintained capital expenditure outlook. . At June 30, 2016, Concho had cash of approximately $0.5 billion and long-term debt of $3.3 billion. .Concho currently has no outstanding borrowings on its credit facility.  Full Article

BRIEF-Concho Resources Q1 Earnings Per Share $5.58

* Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $1.00 EXCLUDING ITEMS