Concho Resources Sees Boom in Delaware Basin in First-Quarter 2014, Ups Full-Year Capex to $2.6 Billion

SUGAR LAND--May 13, 2014--Researched by Industrial Info Resources (Sugar Land, Texas)--Concho Resources Incorporated (NYSE:CXO) (Midland, Texas), an oil and gas exploration and development company, more than tripled its earnings in first-quarter 2014 following strong sales growth and operational improvements, including sharply improved drill times and nearly doubled production in the Delaware Basin. Industrial Info is tracking progress at 18 operational Concho facilities.