ConocoPhillips (COP) and Concho Resources (CXO) $9.7bn merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on January 15, 2021
Concho Resources (NASDAQ: CXO) & ConocoPhillips (NYSE: COP) Merger
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Traders and shareholders can review similar merger details on current takeover stocks by first selecting “DEALS” from the main menu above, then “Current Cash Deals” or “Current Stock Deals“. For previous acquisitions, select either “Closed Deals” or “Failed Deals“. See our Spread Tracker News for mergers and acquisitions updates on the existing T20 Index portfolio constituents. Additionally, check out our customized M&A PR Newswire or Business Wire press release news feeds exclusively for Merger Arbitrage Limited.
Concho Resources (NASDAQ: CXO) & ConocoPhillips (NYSE: COP) Merger - Acquisition News and Events
The major acquisition news updates & events of Concho Resources (CXO) by ConocoPhillips (COP) are listed below. A comprehensive data source for
- Traders looking to familiarize themselves with the ConocoPhillips (COP) merger with Concho Resources (CXO) and trade the merger arbitrage spread
- Existing shareholders and investors wishing to stay abreast of the latest deal developments
Following the acquisition news section, there are in-depth company profiles.
ConocoPhillips Company Profile
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas (LNG), and natural gas liquids worldwide. The company primarily engages in the conventional and tight oil reservoirs, shale gas, heavy oil, LNG, oil sands, and other production operations. Its portfolio includes unconventional plays in North America; conventional assets in North America, Europe, Asia, and Australia; various LNG developments; oil sands assets in Canada; and an inventory of conventional and unconventional exploration prospects. The company was founded in 1917 and is headquartered in Houston, Texas.
Concho Resources Company Profile
Concho Resources Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploration of oil and natural gas properties in the United States. The company’s principal operating areas are located in the Permian Basin of West Texas and southeast New Mexico. As of December 31, 2019, its estimated proved reserves totaled 1.0 billion barrels of oil equivalent. The company was founded in 2006 and is headquartered in Midland, Texas.
