Business Category: Oil and Gas, Producer, Our Members
Carlsbad, NM 88220
Concho is built on a strategy that fits our strengths. We focus on hiring the best people and being a good business partner and member of our community, investing in high-quality assets in the Permian Basin, executing a returns-based capital program and maintaining a strong financial position. The consistency of our strategy enables Concho to deliver strong growth, differentiated value and quality returns year after year.
differentiated value and quality returns year after year.
Our biggest competitive advantage is our people; they make our future as bright as our past. We start by hiring the best, and to ensure that the talent we hire is the talent we keep, we are committed to investing heavily in our people.
We are one of the largest unconventional shale producers in the Permian Basin. Our assets span the Delaware Basin and the Midland Basin. Our legacy in the Permian Basin provides us with the technical, operational and economic advantages that we use to aggregate high-quality properties in the Permian.
Through the years we have built value for our shareholders by profitably growing production, leveraging our competitive advantages, and keeping a relentless focus on improving capital productivity.
Oil and gas market conditions change, so protecting our financial position is a key priority. Our financial strength is one of the most powerful levers for delivering predictable growth and solid returns.