Concho Resources

  • ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    ConocoPhillips to buy Concho Resources in Landmark $9.7 B Deal

    Tuesday, 20th October 2020

    ConocoPhillips and Concho Resources have announced that they have entered into a definitive agreement to combine companies in an all-stock transaction for a total of $9.7 billion in an attempt to further consolidate the shale industry.

  • ConocoPhillips in Negotiations to Make Bold Shale Move

    ConocoPhillips in Negotiations to Make Bold Shale Move

    Wednesday, 14th October 2020

    American supermajor ConocoPhillips is in talks to acquire rival shale company, Concho Resources, in what represents a bold bet during a time when the industry is in a historically low period.