Concho Resources (CXO) Tops Q2 EPS by 9c
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Concho Resources Inc. Reports Second Quarter 2015 Results
July 29, 2015 4:30 PM EDTDelivers Record Quarterly Production
Increases Crude Oil Production 45% over Second Quarter of 2014
Raises Full-Year 2015 Production Growth Target to 24% - 26%
MIDLAND, Texas--(BUSINESS WIRE)-- Concho Resources Inc. (NYSE: CXO) (the Company or Concho) today reported financial and operating results for the second quarter of 2015.
Highlights
Production for the second quarter 2015 of 13.4 million Boe, or 147.4 MBoepd, was 37% higher year-over-year and exceeded the high end of the Companys guidance. Crude oil production increased by 45% over the same... More