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Home › Permian Shale Producer Concho Resources Takes $12.6 Billion Charge

 

Permian Shale Producer Concho Resources Takes $12.6 Billion Charge

2020-05-01 00:25:00| OGI

Concho Resources reported a bigger first-quarter loss, hurt by a $12.6 billion impairment charge and the oil producer said it would further cut its annual spending following the rout in oil prices.

Tags: resources takes charge billion

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