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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. The company was founded in 2004 and is headquartered in Midland, Texas. Concho Resources Inc. operates as a subsidiary of ConocoPhillips.
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