Concho Resources (CXO) Tops Q3 EPS by 9c, Offers Outlook

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Go back to Concho Resources (CXO) Tops Q3 EPS by 9c, Offers Outlook

Concho Resources Inc. Reports Third Quarter 2015 Results

November 4, 2015 4:39 PM EST

Delivers Record Quarterly Production

Raises Full-Year 2015 Production Growth Target Range to 27% - 28%

Adds 25,000 Net Acres in Core Operating Areas

MIDLAND, Texas--(BUSINESS WIRE)-- Concho Resources Inc. (NYSE: CXO) (the Company or Concho) today reported financial and operating results for the third quarter of 2015.

Highlights

Production for the third quarter 2015 of 13.7 million Boe, or 149.3 MBoepd, was 32% higher year-over-year and exceeded the high-end of the Companys guidance. Crude oil production increased by 34% over the same quarter... More