Erick Nelson, SVP of Operations and Production at CONCHO RESOURCES INC (CXO), sold 11,000 shares at $133.98 ($1.5M) on 2018-08-23, disclosed to the SEC on 2018-08-24.
Open-market sale of $1.5M CXO by SVP of Operations and Production. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Something here stands out, but not much.