ConocoPhillips completes Concho Resources acquisition

HOUSTON — ConocoPhillips has completed its acquisition of Concho Resources following approval by shareholders of both companies.

“We appreciate the strong support for this transaction from the shareholders of both companies, which we view as further affirmation of the significant benefits it will deliver,” said Ryan Lance, ConocoPhillips chairman and CEO. “This acquisition results in the combination of two premier companies that can lead the structural change for our vital industry that’s critical to investors. We expect the company to deliver differential performance on three key mandates: providing affordable energy to the world, generating superior returns on and of capital, and demonstrating ESG leadership.”

For more information, visit www.conocophillips.com or call (281) 293-1000.