Current CXO Stock Info

$9.5 billion purchase of RSP Permian
M&A activity in the Permian has come roaring back, with Concho Resources (ticker: CXO) announcing the biggest deal ever seen in the basin.

Concho will acquire RSP Permian (ticker: RSPP) in an all stock deal valued at $9.5 billion, inclusive of debt. According to Concho, this will make the company the largest unconventional shale producer in the Permian, and give it the largest drilling program in the basin.
Deal will make Concho biggest Permian shale producer
The resultant company will hold 642,000...


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