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home / news releases / CXO - ConocoPhillips Makes A Solid Buy With Acquisition Of Concho Resources

CXO - ConocoPhillips Makes A Solid Buy With Acquisition Of Concho Resources

Concho Resources Inc.
  • The management team at ConocoPhillips announced plans to buy Concho Resources in a deal valued at $9.7 billion.
  • This move is expected to generate significant synergies and will leave a massive pure-play company where they operate today.
  • In all, this looks like a solid buy on the part of ConocoPhillips.

For further details see:

ConocoPhillips Makes A Solid Buy With Acquisition Of Concho Resources
Stock Information
Company Name: Concho Resources Inc.
Stock Symbol: CXO
Market: NYSE
Website: concho.com
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