CXO - Concho Resources to cut 2020 capex by 25% March, 17 2020 07:44 AM Concho Resources Inc. Concho Resources (NYSE:CXO) says it is reducing its 2020 capital program to ~$2B from its previous spending plan for $2.6B-$2.8B, a ~25% cut at the midpoint.More news on: Concho Resources Inc., Energy stocks news, Read more ...