Concho Resources (FRA:KIJ) Exploration Expense (USD Mil) : 0.00 (As of . 20)

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What is Concho Resources Exploration Expense (USD Mil)?

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for Concho Resources's Exploration Expense (USD Mil) or its related term are showing as below:

FRA:KIJ's Exploration Expense (USD Mil) is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Concho Resources Exploration Expense (USD Mil) Historical Data

The historical data trend for Concho Resources's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Concho Resources Exploration Expense (USD Mil) Chart

Concho Resources (FRA:KIJ) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

Concho Resources Exploration Expense (USD Mil) Related Terms

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Concho Resources (FRA:KIJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Concho Resources Inc (FRA:KIJ) » Definitions » Exploration Expense (USD Mil)

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 West Illinois Avenue, One Concho Center, Midland, TX, USA, 79701

Website

https://www.concho.com

Concho Resources is an independent oil and natural gas company with operations primarily in the Permian Basin of western Texas and southeastern New Mexico. At the end of 2019, it reported proved reserves of 1.0 billion barrels of oil equivalent. Net production averaged about 331 thousand boe per day in 2018, of which 63% was oil (with natural gas and natural gas liquids making up the remainder).

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