Concho Resources (CXO) Tops Q1 EPS by 24c
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Concho Resources Inc. Reports First-Quarter 2018 Results
May 1, 2018 4:15 PM EDTDelivered 27% Crude Oil Growth Year-over-Year
Raised Full-Year 2018 Production Growth Outlook
MIDLAND, Texas--(BUSINESS WIRE)-- Concho Resources Inc. (NYSE: CXO) (the Company or Concho) today reported financial and operating results for first-quarter 2018.
First-Quarter 2018 Highlights
Announced agreement to acquire RSP Permian, Inc. Increased crude oil production volumes by approximately 14 MBopd, or 11%, quarter-over-quarter to 144 MBopd. Delivered total production of 228 MBoepd, exceeding the high end of the Companys guidance range. Raised... More