Concho Resources Inc (NYSE:CXO)

130.99
Real-Time Quote
 +1.28 / +0.99%
Today’s Change
78.58
Today|||52-Week Range
132.23
+21.29%
Year-to-Date
SECTOR
Energy Minerals
INDUSTRY
Oil & Gas Production
MARKET CAP
$13.0B

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.

Contact Information

Concho Resources, Inc.
One Concho Center
Midland Texas 79701
P:(432) 683-7443
Investor Relations:

Employees

Shareholders

Mutual fund holders64.30%
Other institutional33.08%
Individual stakeholders13.11%

Top Executives

Timothy A. LeachChairman, President & Chief Executive Officer
E. Joseph WrightChief Operating Officer & Executive Vice President
Darin G. HoldernessChief Financial Officer & Senior Vice President
J. Steve GuthrieSVP-Business Operations & Engineering Division
Kyle G. RoseVice President-Administration

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