Concho Resources (FRA:KIJ) Gross Developed Acreage # : 0.00 (As of . 20)

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What is Concho Resources Gross Developed Acreage #?

Gross Developed Acreage # reflects the number of acres which are allocated or assignable to the company to producing wells or wells capable of production.

The historical rank and industry rank for Concho Resources's Gross Developed Acreage # or its related term are showing as below:

FRA:KIJ's Gross Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Gross Developed Acreage # only.

Concho Resources Gross Developed Acreage # Historical Data

The historical data trend for Concho Resources's Gross Developed Acreage # 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 Gross Developed Acreage # Chart

Concho Resources (FRA:KIJ) Gross Developed Acreage # Explanation

Gross Developed Acreage # refers to land that is leased by one or more resource extraction companies in the hopes of extracting a resource for sale. Determining the gross developed acreage of a natural resource company allows investors and analysts to determine the size of a project, resource potential and a company's exposure to a certain region or country. It reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

Concho Resources Gross Developed Acreage # 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 » Gross Developed Acreage #

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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