Concho Resources CXO cut its capital spending by 44% compared to the first quarter of 2020, the company said this afternoon as it touted rapid cost reductions in response to low oil prices. One of ...

All-Stock Transaction Valued at $9.7 Billion Honors Proven Financial Framework and is Expected to be Accretive on Consensus Key Financial Metrics Today’s transaction brings together two companies with ...

Investors did not like the Permian Basin-focused driller’s approach. Renewed oil price volatility is wreaking havoc on Concho Resources' operations in the Permian Basin. Slumping crude prices during ...

While these two fast-growing oil companies both completed needle-moving deals this year, a key difference in how they plan to allocate their oil-fueled cash flows sets one of these oil stocks apart.

A month has gone by since the last earnings report for Concho Resources (CXO). Shares have lost about 7.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. In a deal first rumored last week, ConocoPhillips (NYSE: ...

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company” or “Concho”) will host a conference call on Thursday, August 2, 2018 at 8:00 AM CT (9:00 AM ET) to discuss second ...

It is amazing how obvious things can be when you look back at them with the benefit of hindsight. Yet in the heat of the moment, what is obvious now may not have apparent with any degree of clarity ...

Concho Resources Inc. announced Wednesday a deal to buy fellow oil and natural gas company RSP Permian Inc. in a all-stock deal valued at about $9.5 billion, including debt. Under terms of the deal, 0 ...

MIDLAND, Texas--(BUSINESS WIRE)--Concho Resources Inc. (NYSE: CXO) (the “Company”) today released its inaugural 2020 Sustainability Report. The report outlines Concho’s approach to sustainability, ...

Midland's Concho Resources fell short of expectations even though the Permian Basin producer took in $1.5 billion in profits in the the fourth quarter. That's because Concho received more than $1 ...