Concho Resources Overview
- Year Founded
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2004
- Status
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Acquired/Merged
- Employees
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1,453
- Latest Deal Type
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M&A
- Financing Rounds
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22
- Investments
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17
Concho Resources General Information
Description
Operator of an oil and natural gas exploration company based in Midland, Texas. The company primarily engages in the exploration of a position in the Delaware Basin, which spans the southwest corner of New Mexico and parts of West Texas and the Midland Basin, using horizontal drilling and multi-well project development among others, providing businesses with energy sources for production activities.
Contact Information
Website
www.concho.comCorporate Office
- One Concho Center
- 600 West Illinois Avenue
- Midland, TX 79701
- United States
Corporate Office
- One Concho Center
- 600 West Illinois Avenue
- Midland, TX 79701
- United States
Concho Resources Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Concho Resources Comparisons
Industry
Financing
Details
Concho Resources Competitors (36)
One of Concho Resources’s 36 competitors is EOG Resources, a Corporation company based in Houston, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| EOG Resources | Corporation | Houston, TX | ||||
| Diamondback Energy | Formerly PE-Backed | Midland, TX | ||||
| Hess | Corporation | New York, NY | ||||
| ConocoPhillips | Corporation | Houston, TX | ||||
| Occidental Petroleum | Corporation | Houston, TX |
Concho Resources Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Concho Resources Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Concho Resources Investments & Acquisitions (17)
Concho Resources’s most recent deal was a Joint Venture with Joint Venture (Concho Resources / Solaris Water Midstream). The deal was made on 31-Jul-2019.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Joint Venture (Concho Resources / Solaris Water Midstream) | 31-Jul-2019 | Joint Venture | Environmental Services (B2B) | ||
| Beta Crude Connector | 15-Apr-2019 | Joint Venture | Energy Transportation | ||
| RSP Permian | 19-Jul-2018 | Merger/Acquisition | Energy Exploration | ||
| Andrews and Martin (12,400 Net Acres in Texas) | 31-Jul-2017 | Corporate Asset Purchase | Other Energy | ||
| Delaware Basin (24000 Acres) | 31-Jan-2017 | Corporate Asset Purchase | Other Energy |
Concho Resources Exits (3)
Concho Resources’s most recent exit was on 01-Dec-2015 from Oryx Midstream Services. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Oryx Midstream Services | 01-Dec-2015 | Completed |
|
||
| Alpha Crude Connector | 01-Jan-2014 | Completed |
|
||
| Seven Wells in Edinburg South Field of Hidalgo County | 30-Jul-2003 | Buyout/LBO | Completed |
|
Concho Resources Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Cog Production | Midland, TX | 2013 | |
| Cog Holdings | Midland, TX | 2013 | |
| Delaware River Swd | Midland, TX | 2010 |
Concho Resources FAQs
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When was Concho Resources founded?
Concho Resources was founded in 2004.
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Where is Concho Resources headquartered?
Concho Resources is headquartered in Midland, TX.
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What is the size of Concho Resources?
Concho Resources has 1,453 total employees.
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What industry is Concho Resources in?
Concho Resources’s primary industry is Energy Exploration.
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Is Concho Resources a private or public company?
Concho Resources is a Private company.
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What is the current valuation of Concho Resources?
The current valuation of Concho Resources is .
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What is Concho Resources’s current revenue?
The current revenue for Concho Resources is .
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How much funding has Concho Resources raised over time?
Concho Resources has raised $10.6B.
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Who are Concho Resources’s investors?
APS Speedbird One, Artemis Investment Management, BlackRock, Carmignac, and Chase Oil Corporation are 5 of 15 investors who have invested in Concho Resources.
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Who are Concho Resources’s competitors?
EOG Resources, Diamondback Energy, Hess, ConocoPhillips, and Occidental Petroleum are some of the 36 competitors of Concho Resources.
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When was Concho Resources acquired?
Concho Resources was acquired on 15-Jan-2021.
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Who acquired Concho Resources?
Concho Resources was acquired by ConocoPhillips.
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