During the Trading Day
| 82.70 |  -1.46 / -1.73% |
Data as of 4:00pm ET | Day’s Change | |
| 82.70 | -0.0015 / -0.00% |
| Volume: 110,000 |
| SECTOR Energy Minerals | INDUSTRY Oil & Gas Production | MARKET CAP $8.8B |
Company Description
Concho Resources, Inc. is an independent oil and natural gas company, which is engaged in the acquisition, development and exploration of oil and natural gas properties. Its operations are focused in the Permian Basin region of Southeast New Mexico and West Texas. The company's three core operating areas include New Mexico Shelf, Delaware Basin and Texas Permian. The New Mexico Shelf operating area primarily targets the Yeso formations. The Delaware Basin operating area primarily targets the Bone Spring formation, including the Avalon shale and the Bone Spring sands, and the Wolfcamp shale. The Texas Permian operating area primarily targets the Wolfberry. It intends to grow its reserves and production through development drilling and exploration activities on its multi-year project inventory and through acquisitions. The company was founded on February 22, 2006 and is headquartered in Midland, TX.
Employees
Shareholders
| Mutual fund holders | 65.27% |
| Other institutional | 30.24% |
| Individual stakeholders | 13.15% |
Top Executives
| Timothy A. Leach | Chairman, President & Chief Executive Officer |
| E. Joseph Wright | Chief Operating Officer & Senior Vice President |
| Darin G. Holderness, CPA | Senior VP, Chief Financial & Accounting Officer |
| Kyle G. Rose | Vice President-Administration |
| C. William Giraud | Secretary, Chief Commercial Officer & Senior VP |
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