Concho Resources Inc, founded in 2004 and headquartered in Midland, Texas, is an independent oil and natural gas exploration and production company. Specializing in the acquisition, development, and production of oil and gas properties in the Permian Basin, Concho Resources aims to deliver strong returns through its extensive resource base and operational efficiency.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| CXO 2.40% 2031-02-15 USDConcho Resources Inc | United States | 2031-02-15 | 2.400 | 4.54 |
| CXO 3.75% 2027-10-01 USDConcho Resources Inc | United States | 2027-10-01 | 3.750 | 4.65 |
| CXO 4.30% 2028-08-15 USDConcho Resources Inc | United States | 2028-08-15 | 4.300 | 4.89 |
| CXO 4.85% 2048-08-15 USDConcho Resources Inc | United States | 2048-08-15 | 4.850 | 5.99 |
| CXO 4.88% 2047-10-01 USDConcho Resources Inc | United States | 2047-10-01 | 4.875 | 6.40 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Concho Resources has actively been involved in the bond market since 2016, when it first issued senior notes to fund acquisitions and capital expenditures. Notably, in 2020, the company raised $1 billion through a dual-tranche bond issuance to finance its merger with Concho Resources, which positioned it as a significant player in the industry. As of 2023, the company's bonds feature competitive yields compared to peers, and recent market dynamics have reinforced investor interest due to the company's strategic focus on lowering debt while enhancing asset quality.