EXCO Resources Inc. (NYSE:XCO) (EXCO) today announced that its wholly-owned subsidiary, EXCO Operating Company, LP (EOC), and an affiliate of BG Group plc (BG Group) have conveyed 100% of the equity interest in TGGT Holdings, LLC (TGGT) to Azure Midstream Holdings LLC (Azure) for an aggregate sales price of approximately $910 million, of which approximately $875 million was cash and the remaining portion was in [...]
EXCO Resources Inc. (NYSE: XCO) (EXCO) today announced third quarter results for 2013. Adjusted net income, a non-GAAP measure, was $0.04 per diluted share for the third quarter 2013 compared with $0.13 per diluted share for the third quarter 2012. The non-GAAP adjustments include gains from asset sales, non-cash gains or losses from derivative financial instruments, non-cash ceiling test write-downs, asset [...]
EXCO Resources Inc. (NYSE:XCO) (EXCO) today announced that its wholly-owned subsidiary, EXCO Operating Company, LP (EOC), and an affiliate of BG Group plc (BG Group) have entered into a definitive agreement to convey 100% of the equity interest in TGGT Holdings, LLC (TGGT) to Azure Midstream Holdings LLC (Azure) for an aggregate sales price of approximately $910 million, of which approximately $875 million will [...]
EXCO Resources Inc. (NYSE: XCO) today announced that it will be releasing third quarter 2013 results on Tuesday, October 29, 2013, after market close. EXCO will host a conference call on Wednesday, October 30, 2013, at 9:00 a.m. (Central time) to discuss the contents of this release and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID# 77148587. The [...]