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CONCHO RESOURCES INC

US:CXO
No current share price held for this company.

Past year: ▼ 13%(41.51 – 75.78 USD)

Market cap
—
Shares on issue
—
Story beats
40 since 2009
Last event
29 Jan 2021

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

18 May 2017director interest notice● Neutral

Gayle Burleson became a CONCHO RESOURCES INC SVP of Business Development and company insider (initial ownership filing).

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18 May 2017director interest notice● Neutral

CONCHO RESOURCES INC SVP of Finance and Strategy Lee Price Moncrief received 2,249 shares as part of the equity award.

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18 May 2017director interest notice● Neutral

CONCHO RESOURCES INC SVP of Ops and Production Erick Nelson received 2,249 shares as part of the equity award.

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4 May 2017quarterly activities report● Neutral

CONCHO RESOURCES INC reported a quarterly net income of $152.0 million for the period ended 2017-06-30.

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3 May 2017quarterly activities report● Neutral

CONCHO RESOURCES INC reported a quarterly net income of $152.0 million for the period ended 2017-06-30.

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13 Apr 2017debt financing● Neutral

On Apr 12, 2017 Concho amended its credit agreement: the borrowing base rose from $2.8 billion to $3.0 billion, maturity was extended from May 9, 2019 to May 9, 2022, and lender commitments fell from $2.5 billion to $2.0 billion. The ratings floor ending the 'Investment Grade Period' also moved down (Moody's Ba1 to Ba2, S&P BB+ to BB). This continues the credit facility amended in 2015.

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28 Mar 2017director interest notice● Neutral

Susan J Helms became a CONCHO RESOURCES INC company insider (initial ownership filing).

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28 Mar 2017director interest notice● Neutral

CONCHO RESOURCES INC insider Susan J Helms received 1,165 shares as part of the equity award.

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20 Mar 2017director interest notice● Neutral

CONCHO RESOURCES INC Executive VP and CFO Jack F Harper had 14,130 shares withheld for taxes on vesting stock.

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14 Mar 2017director interest notice● Neutral

CONCHO RESOURCES INC SVP of Bus Ops and Eng J Steve Guthrie sold 6,000 shares at $128.00.

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21 Feb 2017quarterly activities report● Neutral

CONCHO RESOURCES INC reported a quarterly net income of $650.0 million for the period ended 2017-03-31.

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14 Feb 2017substantial holder notice● Neutral

The Growth Fund of America reported a CONCHO RESOURCES INC shareholding of 9,780,484 shares (6.60% of votes) in a periodic institutional filing.

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13 Feb 2017substantial holder notice● Neutral

Capital World Investors ** reported a CONCHO RESOURCES INC shareholding of 10,434,000 shares (7.10% of votes) in a periodic institutional filing.

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13 Feb 2017substantial holder notice● Neutral

Capital Research Global Investors ** reported a CONCHO RESOURCES INC shareholding of 15,157,451 shares (10.30% of votes) in a periodic institutional filing.

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10 Feb 2017substantial holder notice● Neutral

The Vanguard Group reported a CONCHO RESOURCES INC shareholding of 14,031,412 shares (9.60% of votes) in a periodic institutional filing.

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24 Jan 2017material agreement● NeutralMajor

On Jan 19, 2017 Concho agreed to sell its Class A units of Alpha Holding Company to Plains Pipeline for about $800 million, with the buyer separately buying the Class B units from Frontier Midstream Solutions. If Concho exercises its option to buy the Class B units first, the whole sale would be about $1.215 billion, with Concho expecting similar net proceeds. Closing is expected in the first half of 2017, subject to conditions including antitrust approval.

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23 Jan 2017substantial holder notice● Neutral

BlackRock, Inc reported a CONCHO RESOURCES INC shareholding of 9,963,995 shares (6.80% of votes) in a periodic institutional filing.

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18 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC Exec VP & Chief Operating Off E Joseph Wright sold 28,000 shares.

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13 Jan 2017securities registration● Neutral

CONCHO RESOURCES INC filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC insider Tucker S Bridwell received 1,422 shares as part of the equity award.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC insider Steven L Beal received 1,422 shares as part of the equity award.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC insider Gary A Merriman received 1,422 shares as part of the equity award.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC VP, CAO and Treasurer Brenda R Schroer acquired 6,336 shares and disposed of 1,548 in a set of related equity transactions.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC Chairman, CEO and President Timothy A Leach acquired 132,086 shares and disposed of 101,296 in a set of related equity transactions.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC insider John P Surma received 1,422 shares as part of the equity award.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC SVP of Bus Ops and Eng J Steve Guthrie acquired 14,438 shares and disposed of 6,772 in a set of related equity transactions.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC Exec VP & Chief Operating Off E Joseph Wright acquired 42,729 shares and disposed of 19,038 in a set of related equity transactions.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC Exec VP, Chief Comm Off & Sec C William Giraud acquired 31,524 shares and disposed of 15,707 in a set of related equity transactions.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC insider Ray M Poage received 1,422 shares as part of the equity award.

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4 Jan 2017director interest notice● Neutral

CONCHO RESOURCES INC Executive VP and CFO Jack F Harper acquired 11,972 shares and disposed of 2,338 in a set of related equity transactions.

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