| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
195 |
| Employees |
1,085 |
| Revenues (TTM) (Millions $) |
3,476 |
| Net Income (TTM) (Millions $) |
1,202 |
| Cash Flow (TTM) (Millions $) |
70 |
| Capital Exp. (TTM) (Millions $) |
1,929 |
Business Description
Company Profile: Concho Resources Inc.
Overview:
Concho Resources Inc. is an independent oil and natural gas exploration and production company, headquartered in Texas, USA. The company is primarily focused on the exploration and production of unconventional oil and gas resources, with a significant emphasis on the Permian Basin, one of the most productive oil and gas regions in the United States.
Operations:
Concho Resources leverages advanced drilling and completion technologies to enhance production efficiency while optimizing operational costs. The companys strategic initiatives are geared towards maximizing the extraction of hydrocarbons from its diverse asset portfolio, ensuring a robust supply chain and sustainable growth.
Commitment to Sustainability:
Concho Resources prioritizes responsible and sustainable operational practices. The company is dedicated to minimizing environmental impacts associated with its activities, implementing innovative techniques designed to reduce its carbon footprint. Furthermore, Concho actively engages with local communities to foster positive relationships and support community development initiatives.
Core Values:
1. Safety: Prioritizing the health and safety of employees, contractors, and the communities in which the company operates.
2. Integrity: Conducting business with transparency and accountability, maintaining ethical standards in all interactions.
3. Efficiency: Utilizing cutting-edge technologies and best practices to enhance operational performance and cost-effectiveness.
4. Sustainability: Committed to responsible resource development, focusing on environmental stewardship and community engagement.
Conclusion:
Concho Resources Inc. stands out as a key player in the oil and natural gas sector, with a strong focus on innovation, sustainability, and community engagement within its operational framework. The companys dedicated approach positions it well in the dynamic energy market of the Permian Basin.
Company Address: One Concho Center Midland 79701 TX
Company Phone Number: 683-7443 Stock Exchange / Ticker: NYSE CXO
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