What if you invested $1000 in CXO on Jan 1, 2020?
Explore hypothetical investment results for stocks, ETFs, and more. See real historical data and share your discoveries.
About Concho Resources Inc. (Acquired by ConocoPhillips)
Visit Website ↗Concho Resources Inc. was an independent oil and natural gas company primarily engaged in the acquisition, development, exploration, and production of hydrocarbon properties exclusively in the Permian Basin of Southeast New Mexico and West Texas. The company was acquired by ConocoPhillips in January 2021.
Key Business Segments
Delaware Basin
Exploration and production activities in the Delaware Basin, a sub-basin of the Permian Basin.
Midland Basin
Exploration and production activities in the Midland Basin, a sub-basin of the Permian Basin.
Key Innovations
- ✓Focused on strategic acquisitions and efficient development of unconventional resources in the Permian Basin.
Historical Milestones
Concho Resources Inc. is founded.
Concho Resources becomes a public company through an initial public offering.
Acquires RSP Permian, significantly expanding its Permian Basin footprint.
Concho Resources Inc. is acquired by ConocoPhillips.