CONCHO RESOURCES INC
Customers
0
None disclosed
Suppliers
3
0 disclosed
Latest period
Dec 31, 2021
10-K filed 2022-03-30
Suppliers 3
Companies that disclose CONCHO RESOURCES INC as a major customer, as a share of their own revenue. 0 active, 3 lapsed.
| Company | % of their revenue | Est. $ from CONCHO RESOURCES INC | Period | Trend | Status | Source |
|---|---|---|---|---|---|---|
| VNOM Sub, Inc. VNOM Sub, Inc. |
16% | $47.0M | FY 2019-12-31 | ±0.0pp | Lapsed Last seen 2019-12-31 |
10-K 2021-02-25 |
For the year ended December 31, 2019, three purchasers each accounted for more than 10% of royalty interest revenue: Trafigura Trading LLC (27%), Concho Resources, Inc. (16%) and Shell Trading (12%). | ||||||
| Independence Contract Drilling, Inc. Independence Contract Drilling, Inc. |
14% | $28.5M | FY 2019-12-31 | −8.0pp | Lapsed Last seen 2019-12-31 |
10-K 2022-03-15 |
For 2019, these customers included Diamondback Energy, Inc. (17%), GeoSouthern Energy Corporation (15%) and COG Operating, LLC, a subsidiary of Concho Resources, Inc. (14%).Our trade receivables are with a variety of E&P and other oilfield service companies. For 2018, these customers included GeoSouthern Energy Corporation (23%) and COG Operating, LLC, a subsidiary of Concho Resources, Inc. (22%). | ||||||
| RNGR Ranger Energy Services, Inc. |
Named | — | FY 2021-12-31 | +3.0pp | Lapsed Last seen 2021-12-31 |
10-K 2022-03-30 |
During the year ended December 31, 2021, two customers, EOG Resources, Inc. (“EOG”) and ConocoPhillips, accounted for approximately 15% and 10%, respectively, of the Company’s consolidated revenues. We have strong relationships with a broad customer base, including EOG Resources, Inc. (“EOG”), ConocoPhillips (“Conoco”) and Pioneer Natural Resources Company. For the three months ended September 30, 2020, two customers, EOG and Concho Resources, Inc., accounted for 24% and 16%, respectively, of the Company’s consolidated revenues. For the three months ended June 30, 2020, two customers, EOG Resources and Concho Resources, Inc., accounted for 23% and 18%, respectively, of the Company’s consolidated revenues. For the three months ended March 31, 2020, two customers, EOG Resources and Concho Resources, Inc., accounted for 18% and 17%, respectively, of the Company’s consolidated revenues. During the year ended December 31, 2019, EOG Resources, Inc. and Concho Resources, Inc. accounted for approximately 17% and 14%, respectively, of our consolidated revenues. For the three months ended September 30, 2019, two customers, EOG Resources and Concho Resources, Inc., accounted for 19% and 14%, respectively, of the Company’s consolidated revenues. For the three months ended June 30, 2019, two customers, EOG Resources and Concho Resources, Inc., accounted for 17% and 15%, respectively, of the Company’s consolidated revenues. | ||||||
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