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SAN DIEGO, CA / ACCESSWIRE / June 19, 2019 / The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who formerly held RSP Permian, Inc. (NYSE: RSPP) shares. Investors, who held ...
Moody's Investors Service (Moody's) has withdrawn all of its ratings for RSP Permian, Inc. (RSP Permian). The withdrawals follow RSP Permian's acquisition by Concho Resources Inc. (Concho, Baa3 stable) in July 2018 and the repayment of all of RSP Permian's rated debt.
Between July 11 and July 18, our list of oil-weighted stocks fell 2.4%, while US crude oil September futures fell 1.6%. Below are the oil-weighted stocks that have seen the largest increases in the last five trading sessions: RSP Permian (RSPP): rose 3.9% Concho Resources (CXO): rose 3.8% WPX Energy (WPX): rose 1.4%
Concho Resources Inc completes its acquisition of RSP Permian Inc, creating the largest unconventional shale producer in the Permian Basin.
Concho Resources Inc. (CXO) (“Concho” or the “Company”) today announced that it has completed its acquisition of RSP Permian, Inc. (RSPP) (“RSP”). The transaction creates the largest unconventional shale producer in the Permian Basin. Tim Leach, Chairman and Chief Executive Officer of Concho, commented, “We are excited to complete this transaction and welcome the RSP team to Concho.