| 12.20.12 | Concho Resources Inc. Completes Non-Core Asset Divestiture| MIDLAND, Texas--(BUSINESS WIRE)--Dec. 20, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that it has closed its previously announced divestiture of certain non-core producing properties located primarily in the Permian Basin of West Texas and Southeast New Mexico to Legacy Reserves LP (NASDAQ: LGCY) for cash consideration of approximately $520 million, subject to customary post-closing adjustments.
Proceeds from the non-core divestiture will be used to red... |
|  | | 12.18.12 | Concho Resources Inc. Announces Participation in Upcoming Conference| MIDLAND, Texas--(BUSINESS WIRE)--Dec. 18, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Goldman Sachs Global Energy Conference 2013 on Tuesday, January 8th at 9:00 AM EST. The presentation will be available on Concho's website, www.concho.com.
About Concho Resources Inc.
Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The ... |
| | | 12.10.12 | Concho Resources Inc. Schedules Fourth Quarter 2012 Conference Call for February 21, 2013| MIDLAND, Texas--(BUSINESS WIRE)--Dec. 10, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host a conference call on Thursday, February 21, 2013, 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 20, 2013.
Individuals who would like to participate should call (866) 271-5140 (passcode: 10112096) approximately 15 minutes before the scheduled conference call t... |
| | | 11.28.12 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas--(BUSINESS WIRE)--Nov. 28, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Capital One Southcoast 2012 Energy Conference on Tuesday, December 4th at 8:40 AM CST and the Bank of America Merrill Lynch 2012 Leveraged Finance Conference on Wednesday, December 5th at 9:30 AM EST. The presentations will be available on Concho's website, www.concho.com. Additionally, the presentations will be webcast and can be accessed through t... |
| | | 11.20.12 | Concho Resources Announces Management Change| MIDLAND, Texas--(BUSINESS WIRE)--Nov. 20, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that Steven H. Pruett, Senior Vice President of Corporate Development, has left the Company to pursue other career interests.
Tim Leach, Concho's Chairman, CEO and President, commented, "Steve has been a dedicated employee of Concho and we wish him the best in his future endeavors. We presently do not intend to search for a replacement for Steve, as I am confident... |
| | | 11.07.12 | Concho Resources Inc. Reports Third Quarter 2012 Financial and Operating Results, Provides 2013 Capital Budget Detail and Guidance and Agrees to Sell Non-Core Assets| MIDLAND, Texas--(BUSINESS WIRE)--Nov. 7, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today reported financial and operating results for the three and nine months ended September 30, 2012. Highlights for the three and nine months ended September 30, 2012 include:
Production of 7.8 million barrels of oil equivalent ("MMBoe") for the third quarter of 2012, a 24% increase over the third quarter of 2011 and a 14% increase over the second quarter of 2012
Net income of $6... |
| | | 11.05.12 | Concho Resources Inc. Announces Participation in Upcoming Conference| MIDLAND, Texas--(BUSINESS WIRE)--Nov. 5, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Stephens Fall Investment Conference on Tuesday, November 13th at 1:00 PM EST. The presentation will be available on Concho's website, www.concho.com. Additionally, the presentation will be webcast and can be accessed through the Company's website.
About Concho Resources Inc.
Concho Resources Inc. is an independent oil and natural gas company enga... |
| | | 09.13.12 | Concho Resources Inc. Announces Participation in Upcoming Conference| MIDLAND, Texas--(BUSINESS WIRE)--Sep. 13, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at IPAA OGIS San Francisco on Wednesday, September 26th at 8:55 AM PDT. The presentation will be available on Concho's website, http://www.concho.com. Additionally, the presentation will be webcast and can be accessed through the Company's website.
About Concho Resources Inc.
Concho Resources Inc. is an independent oil and natural gas company engaged i... |
| | | 09.11.12 | Concho Resources Inc. Schedules Third Quarter 2012 Conference Call for November 8, 2012| MIDLAND, Texas--(BUSINESS WIRE)--Sep. 11, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host a conference call on Thursday, November 8, 2012, at 9:00 a.m. CT to discuss its third quarter financial and operating results. Earnings are expected to be released after the market closes on Wednesday, November 7, 2012.
Individuals who would like to participate should call (866) 713-8562 (passcode: 92214608) approximately 15 minutes before the scheduled conference call time.... |
| | | 08.28.12 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas--(BUSINESS WIRE)--Aug. 28, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Barclays CEO Energy-Power Conference on Tuesday, September 4th at 3:05 PM EDT, the Goldman Sachs Global Natural Resources Conference on Wednesday, September 12th at 3:00 PM BST, the Barclays European High Yield and Leveraged Finance Conference 2012 on Thursday, September 13th at 12:45 PM BST, and the Deutsche Bank 2012 Energy Conference on Wednesday... |
| | | 08.14.12 | Concho Resources Inc. Announces Pricing of Senior Unsecured Notes| MIDLAND, Texas--(BUSINESS WIRE)--Aug. 14, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho") today announced that it has priced an offering of $700 million aggregate principal amount of its senior unsecured notes due 2023. The notes will bear interest at a rate of 5.500% per annum and will be issued at par. Concho intends to use the net proceeds from the offering to repay a portion of the outstanding balance under its credit facility. Concho expects to close the sale of the notes on August 17, ... |
| | | 08.14.12 | Concho Resources Inc. Announces Proposed Offering of Senior Unsecured Notes| MIDLAND, Texas--(BUSINESS WIRE)--Aug. 14, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho") today announced that it intends, subject to market conditions, to publicly offer $400 million aggregate principal amount of senior unsecured notes due 2023. The senior unsecured notes will be fully and unconditionally guaranteed by all of Concho's current subsidiaries. Concho intends to use the net proceeds from the offering to repay a portion of the outstanding balance under its credit facility.
J.P.... |
| | | 08.06.12 | Concho Resources Inc. Reports Second Quarter 2012 Financial and Operating Results| MIDLAND, Texas--(BUSINESS WIRE)--Aug. 6, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today reported financial and operating results for the three and six months ended June 30, 2012. Highlights for the three and six months ended June 30, 2012 include:
Production of 6.8 million barrels of oil equivalent ("MMBoe") for the second quarter of 2012, a 22% increase over the second quarter of 2011
Net income of $319.3 million, or $3.07 per diluted share, for the second quar... |
| | | 08.01.12 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas--(BUSINESS WIRE)--Aug. 1, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its upcoming participation at the Tudor, Pickering, Holt & Co. Hotter 'N Hell Conference 2012 on Thursday, August 9th, Enercom's The Oil and Gas Conference 17 on Monday, August 13th at 2:45 PM MT, and the Simmons 2012 European Energy Conference Thursday, August 30th at 9:45 AM BST. The presentations will be available on Concho's website, http://www.concho.com. Additionally, the Enerc... |
| | | 05.31.12 | Concho Resources Inc. Increases Credit Facility to $2.5 Billion| MIDLAND, Texas--(BUSINESS WIRE)--May. 31, 2012-- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced that the Company amended its credit facility, increasing the aggregate lender commitments from $2.0 billion to $2.5 billion, equal to its $2.5 billion borrowing base. At March 31, 2012, Concho had approximately $185 million outstanding under its credit facility.
About Concho Resources Inc.
Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisi... |
| | | 05.24.12 | Concho Resources Inc. Schedules Second Quarter 2012 Conference Call for August 7, 2012| MIDLAND, Texas--(BUSINESS WIRE)--May. 24, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) will host
a conference call on Tuesday, August 7, 2012, at 9:00 a.m. CT to discuss
its second quarter financial and operating results. Earnings are
expected to be released after the market closes on Monday, August 6,
2012.
Individuals who would like to participate should call (800) 638-5439
(passcode: 79957631) approximately 1... |
| | | 05.22.12 | Concho Resources Inc. Announces the Appointment of New Officers| MIDLAND, Texas--(BUSINESS WIRE)--May. 22, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced the promotion of two new officers to its management team:
Mr. L. Price Moncrief, Vice President of Capital Markets and Strategy
Mr. Moncrief has been employed by the Company since November 2010 as the Company's Director of Corporate Development. He has over 10 years of industry and energy investment banking experience. Mr. Moncrief earned a Bachelor of Science degree... |
| | | 05.13.12 | Concho Resources Inc. to Acquire Oil & Gas Assets in the Permian Basin| MIDLAND, Texas--(BUSINESS WIRE)--May. 13, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that it has entered into a definitive agreement to acquire all the oil and natural gas assets of Three Rivers Operating Company and certain affiliated entities (collectively, "Three Rivers") for $1.0 billion in cash. Three Rivers is a privately-held exploration and production company with approximately 310,000 gross (200,000 net) acres in the Permian Basin, including lar... |
| | | 05.02.12 | Concho Resources Inc. Reports First Quarter 2012 Financial and Operating Results| MIDLAND, Texas--(BUSINESS WIRE)--May. 2, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today reported financial and operating results for the three months ended March 31, 2012. Highlights for the three months ended March 31, 2012 include:
Production from continuing operations of 6.9 million barrels of oil equivalent ("MMBoe") for the first quarter of 2012, an increase of 36% over the first quarter of 2011 and a 6% increase over the fourth quarter of 2011
Net income o... |
| | | 03.23.12 | Concho Resources Inc. Schedules First Quarter 2012 Conference Call for May 3, 2012| MIDLAND, Texas--(BUSINESS WIRE)--Mar. 23, 2012-- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host a conference call on Thursday, May 3, 2012, at 9:00 a.m. CT to discuss its first quarter financial and operating results. Earnings are expected to be released after the market closes on Wednesday, May 2, 2012.
Individuals who would like to participate should call (800) 901-5226 (passcode: 90559182) approximately 15 minutes before the scheduled conference call time. To access... |
| | | 03.20.12 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas--(BUSINESS WIRE)--Mar. 20, 2012--
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its
participation at the Howard Weil 40th Annual Energy
Conference on Monday, March 26th at 1:40 AM CT and IPAA OGIS
Conference on Monday, April 16th at 11:20 AM ET. The
presentations will be available on Concho's website, www.concho.com.
Additionally, the IPAA presentation will be webcast and can be accessed
through the Company w... |
| | | 03.07.12 | Concho Resources Inc. Announces Proposed Offering of Senior Unsecured Notes| MIDLAND, Texas--(BUSINESS WIRE)--Mar. 7, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho”) today announced that it
intends, subject to market conditions, to publicly offer $500 million
aggregate principal amount of senior unsecured notes due 2022. The
senior unsecured notes will be fully and unconditionally guaranteed by
all of Concho’s current subsidiaries. Concho intends to use the net
proceeds from the offering to repay a portion of the outstand... |
| | | 03.07.12 | Concho Resources Inc. Announces Pricing of Senior Unsecured Notes| MIDLAND, Texas--(BUSINESS WIRE)--Mar. 7, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho”) today announced that it has
priced an offering of $600 million aggregate principal amount of senior
unsecured notes due 2022. The notes will bear interest at a rate of
5.500% per annum and will be issued at par. Concho intends to use the
net proceeds from the offering to repay a portion of the outstanding
balance under its credit facility. Concho expects to c... |
| | | 02.28.12 | Concho Resources Announces Management Changes| MIDLAND, Texas--(BUSINESS WIRE)--Feb. 28, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today
announced that Steven H. Pruett is joining the Company as Senior Vice
President of Corporate Development. In this role, Mr. Pruett will be
responsible for the Company’s business development, capital markets and
investor relations functions. Mr. Pruett has over 20 years of oil and
gas experience in the Permian Basin, most recently servi... |
| | | 02.22.12 | Concho Resources Inc. Reports Fourth Quarter and Full Year 2011 Financial and Operating Results| MIDLAND, Texas--(BUSINESS WIRE)--Feb. 22, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today
reported financial and operating results for the three months and year
ended December 31, 2011. Highlights for the year ended December 31, 2011
include:
Production of 23.6 million barrels of oil equivalent (“MMBoe”), an
increase of 51% over 2010
Net income of $548.1 million, or $5.28 per dil... |
| | | 02.21.12 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas--(BUSINESS WIRE)--Feb. 21, 2012--
Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its
participation at the JP Morgan High Yield and Leveraged Finance
Conference on Monday, February 27th at 11:40 AM ET, the
Simmons and Company 12th Annual Energy Conference on
Thursday, March 1st at 10:00 AM PT, and the Raymond James 33rd
Annual Institutional Investor Conference on Monday, March 5th
at 11:35 AM ET. The presentati... |
| | | 02.06.12 | Concho Resources Inc. Announces 2011 Estimated Full Year Production, Year End Proved Reserves and Costs Incurred| MIDLAND, Texas--(BUSINESS WIRE)--Feb. 6, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today
reported estimated full year 2011 production and year end proved
reserves. Production and reserves highlights for the year ended December
31, 2011 include:
Production of 23.6 million barrels of oil equivalents (“MMBoe”), a 51%
increase over 2010
Year end proved reserves of 386.5 MMBoe, a 19% ... |
| | | 01.11.12 | Concho Resources Announces Appointment of Gary Merriman to Its Board of Directors| MIDLAND, Texas--(BUSINESS WIRE)--Jan. 11, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) today
announced that it has expanded the size of its Board of Directors from
eight to nine directors and has appointed Gary A. Merriman to fill the
newly-created vacancy. Mr. Merriman will serve on the Company’s
Compensation Committee and Reserves Committee. Mr. Merriman began his
career at Conoco Inc. in 1976 and held various engineering an... |
| | | 01.09.12 | Concho Resources Inc. Schedules Fourth Quarter 2011 Conference Call for February 23, 2012| MIDLAND, Texas--(BUSINESS WIRE)--Jan. 9, 2012--
Concho Resources Inc. (NYSE: CXO) (“Concho” or the “Company”) will host
a conference call on Thursday, February 23, 2012, at 9:00 a.m. CT to
discuss its fourth quarter financial and operating results. Earnings are
expected to be released after the market closes on Wednesday, February
22, 2012.
Individuals who would like to participate should call (866) 713-8563
(passcode: 12630565) approx... |
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