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Concho Resources ($CXO)

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CXO Overview

Concho Resources, an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States.The company's principal operating areas are located in the Permian Basin of West Texas and southeast New Mexico. As of December 31, 2019, its estimated proved reserves totaled 1.0 billion barrels of oil equivalent.The company was founded in 2006 and is headquartered in Midland, Texas. (From: StockAnalysis.com)

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