Concho Resources Inc. (CXO) SVP & COO E Joseph Wright sells 49,903 Shares

SVP & COO of Concho Resources Inc. (CXO, Financial) E Joseph Wright sells 49,903 shares of CXO on 01/03/2011 at an average price of $89.25 a share.

Concho Resources Inc. has a market cap of $9.01 billion; its shares were traded at around $88.01 with a P/E ratio of 33.6 and P/S ratio of 16.5.

CXO is in the portfolios of RS Investment Management, Ron Baron of Baron Funds, Eric Mindich of Eton Park Capital Management, L.P., Bruce Kovner of Caxton Associates, Jeremy Grantham of GMO LLC, Steven Cohen of SAC Capital Advisors, Pioneer Investments.

Directors and Officers Recent Trades:

  • Sell: See General Remarks Darin G Holderness sold 26,608 shares of CXO stock on 12/01/2010 at the average price of 83.28. Darin G Holderness owns at least 49,787 shares after this. The price of the stock has increased by 5.68% since.

  • Sell: SVP-Engineering & Operations E Joseph Wright sold 100,000 shares of CXO stock on 12/01/2010 at the average price of 83.27. E Joseph Wright owns at least 210,035 shares after this. The price of the stock has increased by 5.69% since.

  • Sell: Director Steven L Beal sold 250,000 shares of CXO stock on 11/15/2010 at the average price of 75.73. Steven L Beal owns at least 172,977 shares after this. The price of the stock has increased by 16.22% since.

  • Sell: Director Steven L Beal sold 56,124 shares of CXO stock on 10/12/2010 at the average price of 67.59. Steven L Beal owns at least 422,977 shares after this. The price of the stock has increased by 30.21% since.