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Concho Resources Inc (CXO)

CXO on New York Consolidated

124.20USD
29 Jul 2016
Change (% chg)

$4.54 (+3.79%)
Prev Close
$119.66
Open
$117.87
Day's High
$124.35
Day's Low
$117.87
Volume
1,473,844
Avg. Vol
1,342,666
52-wk High
$130.03
52-wk Low
$69.94

Latest Key Developments (Source: Significant Developments)

Concho Resources says CFO Darin Holderness to retire
Thursday, 19 May 2016 05:07pm EDT 

Concho Resources Inc : Says CFO Darin G. Holderness to retire . Jack F. Harper, who is currently executive vice president of company, has assumed additional roles of chief financial officer .Concho Resources Inc. Announces retirements of chief financial officer and senior vice president of exploration.  Full Article

Concho Resources Inc prices common stock offering
Wednesday, 30 Sep 2015 08:16pm EDT 

Concho Resources Inc:Has priced an upsized public offering of 7,700,000 shares of its common stock for total gross proceeds (before underwriters' fees and estimated expenses) of about $712 million.The underwriters have an option for 30 days to purchase up to an additional 1,155,000 shares of common stock from the company.Proceeds from the offering are expected to be used to repay all outstanding borrowings under the company's credit facility, which were used in part to finance recent acquisitions, and for general corporate purposes, including funding potential future acquisitions.J.P. Morgan and Credit Suisse are acting as joint book-running managers for the offering. The offering is expected to close on October 6, 2015, subject to customary closing conditions.  Full Article

Concho Resources Inc announces Public Offering of Common Stock
Wednesday, 30 Sep 2015 04:05pm EDT 

Concho Resources Inc:Says launch of an underwritten public offering of 7,000,000 shares of common stock.Says underwriters will have an option to purchase up to an additional 1,050,000 shares of common stock from the Company.Proceeds from the offering are expected to be used to repay all outstanding borrowings under the Company's credit facility, which were used in part to finance recent acquisitions, and for general corporate purposes, including funding potential future acquisitions.J.P. Morgan and Credit Suisse are acting as joint book-running managers for the offering.  Full Article

Concho Resources Inc raises FY 2015 production outlook
Wednesday, 29 Jul 2015 04:30pm EDT 

Concho Resources Inc:Says FY 2015 production growth target raised to 24 pct. to 26 pct.  Full Article

Concho Resources Inc gives Q2 2015 production outlook; raises FY 2015 production outlook
Monday, 4 May 2015 04:30pm EDT 

Concho Resources Inc:Expects Q2 2015 production to average between 138 MBoepd and 142 MBoepd.Raises FY 2015 Year-over-year production growth of 18 - 22 pct.  Full Article

Concho Resources Inc announces upsizing and pricing of common stock offering
Thursday, 26 Feb 2015 07:30pm EST 

Concho Resources Inc:Announced that it has priced an upsized public offering of 6,000,000 shares of its common stock for total gross proceeds of about $650 million.The underwriter has an option for 30 days to purchase up to an additional 900,000 shares of common stock from the company.Proceeds from the offering are expected to be used to repay all of the outstanding borrowings under the company's credit facility and for general corporate purposes, which may include funding of the company's drilling and development program and future acquisitions.BofA Merrill Lynch is acting as sole book-running manager and has offered, and may offer, the shares at prevailing market prices or otherwise from time to time through the New York Stock Exchange.The offering is expected to close on March 4, 2015.  Full Article

Concho Resources announces public offering of common stock
Thursday, 26 Feb 2015 04:13pm EST 

Concho Resources Inc:Says the launch of an underwritten public offering of 5,600,000 shares of common stock.Underwriter will have an option to purchase up to an additional 840,000 shares of common stock from the Company.Proceeds from the offering are expected to be used to repay all outstanding borrowings under the Company's credit facility and for general corporate purposes, which may include funding the Company's drilling and development program and future acquisitions.BofA Merrill Lynch is acting as sole book-running manager and underwriter for the offering.  Full Article

Concho Resources Inc gives Q1 2015 production guidance
Wednesday, 25 Feb 2015 04:42pm EST 

Concho Resources Inc:Expects Q1 2015 production to average between 127 MBoepd and 131 MBoepd.  Full Article

Concho Resources Inc gives FY 2015 production guidance
Monday, 5 Jan 2015 04:30pm EST 

Concho Resources Inc:Expects to generate 16 pct to 20 pct year-over-year production growth in FY 2015.  Full Article

Concho Resources Inc gives Q4 2014 production
Wednesday, 5 Nov 2014 05:30pm EST 

Concho Resources Inc:Sees Q4 2014 production to be within the range of 122 MBoepd to 127 MBoepd.  Full Article

BRIEF-Concho Resources says CFO Darin Holderness to retire

* Jack F. Harper, who is currently executive vice president of company, has assumed additional roles of chief financial officer