ConocoPhillips to Acquire Concho Resources in All-Stock Transaction

HOUSTON & MIDLAND, Texas–(BUSINESS WIRE[1])–ConocoPhillips (NYSE: COP) and Concho Resources (NYSE: CXO) today announced that they have entered into a definitive agreement to combine companies in an all-stock transaction. Under the terms of the transaction, which has been unanimously approved by the board of directors of each company, each share of Concho Resources (Concho) common stock will be exchanged for...

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CXO Research: Legacy Technology and Lack of Skills Hindering Digital Transformation and IT Modernization

COLUMBUS, Ohio–(BUSINESS WIRE[1])–As organizations look to transform their business operations and revolutionize customer service, Digital Transformation (DX) is at the top of most CXOs’ agendas; in fact, DX spending is expected to approach $7.4 trillion[2] between 2020 and 2023, a CAGR of 17.5%. However, according to the latest industry data released today from Veeam® Software[3], the leader in Backup solutions...

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Concho Resources Inc. Provides Update to 2020 Capital Program

MIDLAND, Texas–(BUSINESS WIRE[1])–Within the context of a dynamic environment and a substantial decrease in oil and natural gas prices, Concho Resources Inc. (NYSE: CXO) is prioritizing its strong balance sheet and capital returns to shareholders. The Company has reduced its 2020 capital program to approximately $2 billion from the $2.6 to $2.8 billion range previously announced. The revised capital range...

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HR Soul Hires New Chief Experience Officer to Expand Its Portfolio of Consulting Offerings to Orlando Companies | Official Press Release

HR Soul Consulting – a Tampa based Human Resources and Talent Management consulting firm, has hired Matt Hall as its new Chief Experience Officer (CXO) to expand its portfolio of talent, leadership and culture offerings into the Orlando market. ORLANDO- February 10, 2020 – According to Gallup, only 1/3 of currently only about 1/3 of U.S. workers are engaged in...

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