While our hedge position minimizes the volatility of our cash flow over the near term, we are quickly adjusting our activity to ensure we execute a capital allocation strategy that creates value for our shareholders over the long term. And so we won't be waiting for any particular price to add hedges. Concho Resources. Its operations include Delaware Basin, and Midland Basin.

Provides Update to 2020 Capital Program Additionally, at December 31, 2019, the Company had cash of approximately $70 million and no debt outstanding under its credit facility, resulting in approximately $2.1 billion of liquidity. We are working today to deliver a better tomorrow for our shareholders, people and communities. However, the absence of these words does not mean that the statements are not forward-looking. cut its position in shares of Concho Resources Inc (NYSE:CXO) by 81.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. As a group, research analysts predict that Concho Resources Inc will post 2.27 EPS for the current fiscal year.

Concho Resources Inc. Concho Resources had a negative net margin of 256.19% and a positive return on equity of 4.65%. Shareholders of record on Friday, August 7th will be given a dividend of $0.20 per share.

Moreover, such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. All statements, other than statements of historical fact, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. All rights reserved.

Concho Resources Inc ... Just on the hedging piece. Concho Resources: Permian Focus, 2016 Hedging Book To Be Buy List Items In Second Half Of 2015 During the same quarter in the prior year, the firm posted $0.69 earnings per share. It produced 200,000 barrels per day (b/d) of crude oil in that period. We discussed one last week, Pioneer Exploration, ... Tim Leach, Concho's CEO comments-While our hedging strategy serves us well …

For more information about Concho, visit We are working today to deliver a better tomorrow for our shareholders, people and communities.

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