Post Tagged with: "Concho"

Source: Reuters

Hess, Concho, Callon join Exxon in tightening budget amid oil crash

Reuters


U.S. producers Hess Corp, Concho Resources Inc and Callon Petroleum Co on Tuesday followed oil major Exxon Mobil Corp in cutting their spending for the year, as oil prices continued to trade below $30 a barrel.

Oil producers are …

Concho aims to right the ship after disastrous previous results

Concho aims to right the ship after disastrous previous results

Houston Chronicle


Midland’s Concho Resources reported a rising profit and increased oil production for the third quarter, helping to right the ship after disastrous results earlier this year.

Fairly or not, Concho was pegged as a poster child for weakening …

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

Alaska Is the Biggest Bet Yet for Texas’s Anti-Shale Oil Billionaire

From Bloomberg


Hildebrand gained fortune buying old, conventional oil assets, bet may be timely as investors begin to sour on shale

Texas oilman Jeffery Hildebrand became a billionaire by shunning the shale revolution taking place in his home state. Now, …

Source: Solaris Water Midstream

Concho Resources and Solaris Water Form JV in the Delaware Basin

By Tyler Losier, Energy Reporter, Oil & Gas 360

Concho Resources and Solaris Water Midstream team up for produced water management in the northern Delaware Basin
Concho Resources (stock ticker: CXO), a Permian-focused unconventional shale producer, has formed a strategic

New Permian Deal: Stonepeak Buys Oryx Midstream for $3.6 Billion Cash

New Permian Deal: Stonepeak Buys Oryx Midstream for $3.6 Billion Cash

Permian Basin E&Ps WPX, Concho to cash in on transaction

Oryx plans to “aggressively grow our footprint in the Permian Basin”

“Oryx is the most attractive private Permian midstream asset Stonepeak has evaluated”

Affiliates of Quantum Energy Partners, Post Oak …

Courtesy of RSP Permian

Permian Heavyweights Talk Use of Free Cash, To M&A or Not To M&A, Permian Consolidation

By Richard Rostad, analyst, Oil & Gas 360

Concho Resources (ticker: CXO) and Diamondback Energy (ticker: FANG) held year-end conference calls today, offering analysts the chance to discuss several major topics with two of the largest Permian operators.
Free cash

Northern Delaware Basin Operations 

From Concho.com

WaterBridge Resources Snags Southern Delaware Water Assets of Concho Resources, Enters Long-Term Produced Water Handling Contract

WaterBridge Resources LLC Acquires Southern Delaware Produced Water Assets of Concho Resources Inc. and Commences Long-Term Produced Water Handling Contract

January 3, 2019 - 7:45 am Closing Bell Story‎, Midstream, Press Releases
Concho Resources Produces 70 MMBOE

Concho Resources Produces 70 MMBOE

Concho Resources Inc. (ticker: CXO) produced 19 MMBOE in Q4 2017, an average of 211 MBOEPD. This is 28% more than Q4 2016 and 9% more than Q3 2017. Average daily crude oil production for fourth-quarter 2017 totaled 130 MBOPD, …

Crescent Point and Concho Announce Production Increase Despite Lower CapEx

Crescent Point and Concho Announce Production Increase Despite Lower CapEx

Crescent Point will maintain dividend despite 28% CapEx cut

Two companies this week, Crescent Point Energy Corp. (ticker: CPG) and Concho Resources Inc. (ticker: CXO), released forward looking statements projecting increased production in 2015, regardless of commodity prices.

Crescent Point, …