Concho Resources Inc. (NYSE:CXO) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition Item 9.01
Financial Statements and Exhibits EXHIBIT INDEX EX-99.1
Item 2.02 Results of Operations and Financial
Condition.
On February 21, 2017, Concho Resources Inc. (the
Company) issued a press release
announcing its financial and operating results for the three and
twelve months ended December 31, 2016 (the Earnings
Release). A copy of the Companys Earnings Release
is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description of Exhibit |
| 99.1 |
Press release dated February 21, 2017, announcing financial and operating results for the three and twelve months ended December 31, 2016. |
THE INFORMATION CONTAINED IN THIS CURRENT REPORT, INCLUDING THE
EXHIBITS ATTACHED HERETO, SHALL NOT BE DEEMED FILED FOR THE
PURPOSES OF SECTION 18 OF THE SECURITIES AND EXCHANGE ACT OF
1934, NOR SHALL THEY BE DEEMED INCORPORATED BY REFERENCE INTO ANY
REGISTRATION STATEMENT OR OTHER FILING TO THE SECURITIES ACT OF
1933, EXCEPT AS OTHERWISE EXPRESSLY STATED IN SUCH FILING.
About Concho Resources Inc. (NYSE:CXO)
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 Company’s operations are focused in the Permian Basin of Southeast New Mexico and West Texas, an onshore oil and natural gas basin in the United States. Its three core operating areas include New Mexico Shelf, where it targets the Yeso formation with horizontal drilling; Delaware Basin, where it uses horizontal drilling and technology to target the Bone Spring formation and the Wolfcamp shale formation, and Midland Basin, where it targets the Wolfcamp and Spraberry formations with horizontal drilling. The Company has reserves of approximately 623.5 million barrels of oil equivalent (MMBoe) that are located in its core operating areas. The Company’s core operations are focused in the Permian Basin, which underlies an area of Southeast New Mexico and West Texas approximately 250 miles wide and 300 miles long. Concho Resources Inc. (NYSE:CXO) Recent Trading Information
Concho Resources Inc. (NYSE:CXO) closed its last trading session up +1.29 at 141.35 with 1,664,968 shares trading hands.
