EXCO Resources Inc.

EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the “Company”) today announced that, in order to provide shareholders with additional time to review and consider the below information, EXCO has adjourned the 2016 Annual Meeting of Shareholders (the “Annual Meeting”) until 12:00 p.m., central time, on Monday, May 23, 2016 at EXCO’s headquarters, 12377 Merit Drive, Suite 1700, Dallas, TX [...]

EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the “Company”) today announced that its Board of Directors has formed a Special Committee (the “Special Committee”) to, among other things, assess the Company’s operating and financial situation and to evaluate, develop and recommend one or more strategic alternatives. The Special Committee will assist EXCO as it continues to execute its [...]

EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the "Company") today announced operating and financial results for the first quarter 2016. 2016 First Quarter Highlights Drilled 5 gross (4.6 net) and turned-to-sales 8 gross (3.6 net) operated horizontal wells in the first quarter 2016. Reduced costs by approximately 20% for wells turned-to-sales in 2016 compared to 2015. Produced 295 Mmcfe per day, or 27 Bcfe [...]

EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced changes to its management team. Effective April 15, 2016, William L. Boeing, EXCO’s current Vice President, General Counsel and Secretary, will resign from EXCO and W. Justin Clarke will be promoted to the position of Vice President, General Counsel and Secretary. Harold L. Hickey, EXCO’s Chief Executive Officer [...]

EXCO Resources Inc. (NYSE: XCO) today announced that it will be releasing first quarter 2016 results on Tuesday, May 3, 2016, after the market closes. EXCO will host a conference call on Wednesday, May 4, 2016, at 9:00 a.m. (central time) to discuss the results and respond to questions. Please call (800) 309-5788 if you wish to participate, and ask for the EXCO conference call ID# 24918642. The conference call will also [...]

EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the “Company”) today announced the spring borrowing base redetermination and full year 2016 capital program. Borrowing Base Redetermination And Liquidity Lenders under EXCO’s Amended and Restated Credit Agreement completed their regular semi-annual redetermination resulting in a borrowing base of $325 million, a 13% decline from the previous $375 [...]

EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the "Company") today announced fourth quarter and full year operating and financial results for 2015 and other developments. 2015 Fourth Quarter and Full Year Highlights Liquidity was $334 million at December 31, 2015. EXCO executed a series of transactions during the fourth quarter 2015 that reduced its aggregate principal amount of debt outstanding by $402 [...]

EXCO Resources Inc. (NYSE: XCO) (“EXCO” or the "Company") is providing an operational and financial update, which includes select preliminary unaudited financial and reserve data, for the quarter and year ended December 31, 2015. Highlights Estimated liquidity of $334 million as of December 31, 2015 Repurchased $41 million aggregate principal amount of its 7.5% senior unsecured notes due September 15, 2018 [...]

EXCO Resources Inc. (NYSE: XCO) today announced that it will be releasing fourth quarter and full year 2015 results on Tuesday, March 1, 2016, after the market closes. EXCO will host a conference call on Wednesday, March 2, 2016, 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 [...]

EXCO Resources Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that the Company has obtained the requisite consents to approve the proposed amendments on its previously announced consent solicitation to amend the indenture governing its 7.500% senior notes due 2018 (the “Notes”), which expired at 5:00 p.m., New York City Time, on November 24, 2015 (the “Expiration [...]