About Concho Resources
Concho Resources is a company based in Midland (United States) founded in 2004 was acquired by ConocoPhillips in October 2020. Concho Resources has raised $5.55 million across 5 funding rounds from investors including ConocoPhillips and Sowell & Co. Concho Resources has completed 2 acquisitions, including RSP Permian and Three Rivers Operating Company. Concho Resources offers products and services including Crude Oil and Natural Gas.
- Headquarter Midland, United States
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Conocophillips
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5.55 M (USD)
in 5 rounds
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Latest Funding Round
$1.6 B (USD), Debt – Conventional
Jul 19, 2018
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Investors
ConocoPhillips
& 1 more
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Employee Count
Not available
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Investments & Acquisitions
RSP Permian
& 1 more
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Acquired by
ConocoPhillips
(Oct 19, 2020)
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Products & Services of Concho Resources
Concho Resources offers a comprehensive portfolio of products and services, including Crude Oil and Natural Gas.
Exploration and production of crude oil are carried out for energy markets
Exploration, production, and marketing of natural gas are conducted globally
People of Concho Resources
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Software Development Team
152 people
Leadership Team
56 people
Senior Team
32 people
Product Management Team
32 people
Operations Team
28 people
Legal and Compliance
21 people
Finance and Accounting
21 people
Staff Team
19 people
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Funding Insights of Concho Resources
Concho Resources has successfully raised a total of $5.55M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $1.6 billion completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Concho Resources
Concho Resources has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include ConocoPhillips and Sowell & Co.
| Investor | Description | Founded Year | Domain | Location |
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Sowell & Co. is engaged in investment across multiple industries.
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Locked | Locked | Locked | |
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Provider of integrated energy services
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Locked | Locked | Locked |
Investor details for Concho Resources
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Concho Resources
Concho Resources has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include RSP Permian and Three Rivers Operating Company.
Investment portfolio details for Concho Resources
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Yacht charter, management, and sailing school services are offered.
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Locked | Locked | 2010 | Locked | |
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Chemical dilution, dosing, and injection equipment is manufactured.
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Concho Resources
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Financial Statements - Concho Resources
Detailed financials for Concho Resources
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Concho Resources Comparisons
Peer comparison for Concho Resources
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Competitors of Concho Resources
Detailed competitors of Concho Resources
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Latest news on Concho Resources
Complete news archive for Concho Resources
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Frequently Asked Questions about Concho Resources
Concho Resources was founded in 2004 and raised its 1st funding round 2 years after it was founded.
Concho Resources is headquartered in Midland, United States. It is registered at Midland, Texas, United States.
Tim Leach is the current CEO of Concho Resources.
Concho Resources is a funded company, having raised a total of $5.55M across 5 funding rounds to date.
Concho Resources was founded in 2004 as an independent entity in the oil and gas sector. Operations are focused on the exploration, development, production, transportation, and marketing of crude oil, natural gas, and related products. Activities span conventional and unconventional resources across international locations, including the United States base in Midland. The full value chain is managed, with emphasis placed on sustainability and environmental responsibility.
Concho Resources offers Crude Oil and Natural Gas.
Concho Resources has made 2 acquisitions, including RSP Permian, and Three Rivers Operating Company.
Concho Resources has 2 investors. Key investors include ConocoPhillips, and Sowell & Co.