Concho posts quarterly loss amid oil output gains

Overall first quarter production reached 328,000 boepd, exceeding quarterly guidance range

Concho: reported a net loss of $695 million for the first quarter 2019 — Concho: reported a net loss of $695 million for the first quarter 2019Foto: Photo: REUTERS/SCANPIX/

Julia Martinez

Financial Concho Resources North America

Published 30 April 2019, 21:31Updated 30 April 2019, 21:31