| 2010 News Releases
 | Webcast Q2 2010 CONCHO RES INC Earnings Conference Call (Live) 08/05/10 at 9:00 a.m. CT |
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| Date | Title | | | 07/30/10 | Concho Resources Inc. Provides Update Regarding Preferential Purchase
Rights Related to Its Marbob Acquisition| MIDLAND, Texas, Jul 30, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
announced that Marbob Energy Corporation and certain of its affiliated
companies (collectively, "Marbob") have informed Concho of the receipt
by Marbob of a notice from BP America Production Company ("BP") electing
to exercise its preferential purchase right under certain operating
agreements. BP's preferential purchase rights arise as a resul... |
|  | | 07/20/10 | Concho Resources Inc. to Acquire Oil & Gas Assets in the Permian
Basin for $1.65 Billion| MIDLAND, Texas, Jul 20, 2010 (BUSINESS WIRE) --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 gas assets of Marbob Energy Corporation and certain
affiliated entities (collectively "Marbob") for $1.65 billion in cash
and Concho securities. Marbob is a privately-held exploration and
production company with substantially all of its operations located in
... |
|  | | 06/24/10 | Concho Resources Inc. Schedules Second Quarter 2010 Conference Call
for August 5, 2010| MIDLAND, Texas, Jun 24, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host
a conference call on Thursday, August 5, 2010, 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 Wednesday, August 4,
2010.
Individuals who would like to participate should call 866-362-4832
(passcode: 96508757) approximately 15 minutes before t... |
|  | | 05/20/10 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas, May 20, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its
participation in the following conferences: RBC Capital Markets' Global
Energy and Power Conference on Tuesday, June 8th at 3:30 p.m.
ET and the Raymond James Boston Spring Investors Conference on Thursday,
June 10th.
Presentations for each of these events will be available on Concho's
website, www.conchoresources.com.
About Concho Res... |
|  | | 05/05/10 | Concho Resources Inc. Reports First Quarter 2010 Financial and
Operating Results| MIDLAND, Texas, May 05, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
reported financial and operating results for the three months ended
March 31, 2010. Highlights for the three months ended March 31, 2010
include:
Production of 3.2 million barrels of oil equivalents ("MMBoe") for the
first quarter of 2010, a 28% increase over the first quarter of 2009
and a 14% increase over the four... |
|  | | 04/29/10 | Concho Resources Inc. Borrowing Base Increased to $1.2 Billion| MIDLAND, Texas, Apr 29, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
reported that its bank group has completed a semi-annual redetermination
of the Company's borrowing base for its credit facility and that, as a
result, the borrowing base has been increased from $955.9 million to
$1.2 billion. Pro forma for the effect of the increased borrowing base,
Concho would have had approximately $870 million available u... |
|  | | 04/15/10 | Concho Resources Inc. Schedules First Quarter 2010 Conference Call| MIDLAND, Texas, Apr 15, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host
a conference call on Thursday, May 6, 2010, at 8:00 a.m. CT (9:00 a.m.
ET) to discuss its first quarter financial and operating results.
Earnings are expected to be released after the market closes on
Wednesday, May 5, 2010.
Individuals who would like to participate should call (866) 788-0540
(passcode: 41845001) approximately 15 minute... |
|  | | 04/08/10 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas, Apr 08, 2010 (BUSINESS WIRE) --Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its
participation in the following conferences: the Capital One Southcoast
2010 Oil Day on Thursday, April 22nd at 9:30 a.m. CT and the
UBS Global Oil and Gas Conference on Tuesday, May 25th at
8:05 a.m. CT.
Presentations for each of these events will be available on Concho's
website, www.conchoresources.com.
Additionally, the UBS pre... |
|  | | 03/12/10 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas, Mar 12, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its participation in the following conferences: the Barclays Capital 2010 High Yield Bond and Syndicated Loan Conference on Thursday, March 25th at 4:45 p.m. MT and IPAA's Oil and Gas Investment Symposium on Monday, April 12th at 9:35 a.m. ET.
Presentations for each of these events will be available on Concho's website, www.conchoresources.com. Additionally, both the Barclays Capit... |
|  | | 02/26/10 | Concho Resources Inc. Announces Participation in Upcoming Conferences| MIDLAND, Texas, Feb 26, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) (the "Company") today announced its
participation in the following conferences: the JP Morgan Global High
Yield and Leveraged Finance Conference on Monday, March 1st
at 5:00 p.m. ET, Thomas Weisel Partners 2010 Denver One-on-One
Conference on Thursday, March 4th, Raymond James 31st
Annual Institutional Investors Conference on Monday, March 8th
at 11:35 a.m. ET, Wells ... |
|  | | 02/24/10 | Concho Resources Inc. Reports Fourth Quarter and Full Year 2009
Financial and Operating Results| MIDLAND, Texas, Feb 24, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
reported financial and operating results for the three months and year
ended December 31, 2009. Highlights for the year ended December 31, 2009
include:
Production of 10.9 million barrels of oil equivalents ("MMBoe"), a 54%
increase over 2008
Net loss of $9.8 million, or $0.12 per diluted share; after adj... |
|  | | 02/01/10 | Concho Resources Inc. Schedules Fourth Quarter 2009 Conference Call
for February 25, 2010| MIDLAND, Texas, Feb 01, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") will host
a conference call on Thursday, February 25, 2010, at 9:00 a.m. CST
(10:00 a.m. EST) to discuss its fourth quarter and full year 2009
financial and operating results. Earnings are expected to be released
after the market closes on Wednesday, February 24, 2010.
Individuals who would like to participate should call 800-299-9630
(passcode: 1... |
|  | | 01/27/10 | Concho Resources Inc. Announces Exercise of Over-Allotment Option| MIDLAND, Texas, Jan 27, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") announced
today that the underwriters of its previously announced common stock
offering have exercised in full their option to purchase an additional
697,500 shares to cover over-allotments in such offering. As a result,
Concho will issue a total of 5,347,500 shares of common stock, and the
net proceeds from this offering will be approximately $219... |
|  | | 01/26/10 | Concho Resources Inc. Announces Pricing of Common Stock Offering| MIDLAND, Texas, Jan 26, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") announced
today that it has priced an offering of 4,650,000 shares of common stock
at a price to the public of $42.75 per share. Concho has granted the
underwriters a 30-day option to purchase up to an additional 697,500
shares of common stock to cover over-allotments. Concho expects issuance
and delivery of the shares to occur on February 1, 2010,... |
|  | | 01/25/10 | Concho Resources Inc. Announces Proposed Public Offering of Common
Stock| MIDLAND, Texas, Jan 25, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
announced that it intends to offer 4,650,000 shares of its common stock
in an underwritten public offering. Concho expects to grant the
underwriters a 30-day option, solely to cover over-allotments, to
purchase up to an additional 697,500 shares of its common stock. Concho
intends to use the net proceeds from the offering to repay a portion o... |
|  | | 01/25/10 | Concho Resources Inc. Announces 2009 Estimated Full Year Production
and Year End Proved Reserves| MIDLAND, Texas, Jan 25, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
reported estimated full year 2009 production and year end proved
reserves. Production and reserves highlights for the year ended December
31, 2009 include:
Reserve replacement1 of 780%
Production of 10.9 million barrels of oil equivalents ("MMBoe"), a 54%
increase over 2008
Year end... |
|  | | 01/07/10 | Concho Resources Inc. Announces the Closing of Two Permian Basin
Acquisitions and Updates 2010 Guidance| MIDLAND, Texas, Jan 07, 2010 (BUSINESS WIRE) -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today
announced that it has closed two acquisitions of interests in producing
and non-producing assets in the Wolfberry trend of the Permian Basin for
approximately $260 million.
The $225 million acquisition that the Company announced on November 23
was closed, after the effects of the participation rights and other
adjustments, for $213 million i... |
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