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Exco Resources, Inc. (XCO) [hlAlert]

up 575.34 %

Exco Resources, Inc. (XCO) rated Underweight with price target $5 by Barclays

Posted on: Monday,  Feb 3, 2014  1:25 PM ET by Barclays

Barclays rated Underweight Exco Resources, Inc. (NYSE: XCO) on 02/03/2014, when the stock price was $4.93. Since
then, Exco Resources, Inc. has lost 85.19% as of 09/02/2015's recent price of $0.73.
If you would have followed this Barclays's recommendation on XCO, you would have gained 575.34% of your investment in 576 days.

EXCO Resources, Inc. (EXCO) is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. The Company?s operations are focused in key North American oil and natural gas areas, including East Texas/North Louisiana, Appalachia, Mid-Continent and Permian. As of December 31, 2008, EXCO?s proved reserves were approximately 1.9 trillion cubic feet equivalents (Tcfe), of which 93.6% were natural gas and 74.4% were proved developed reserves. During the year ended December 31, 2007, EXCO produced 144.6 billions of cubic feet equivalent (Bcfe) of oil and natural gas. On February 20, 2008, the Company acquired shallow natural gas properties from EOG Resources, Inc. On March 11, 2008, the Company acquired a 230 mile gathering system in East Texas/North Louisiana.

Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/3/2014 1:25 PM Sell
4.93 5.00
as of 10/17/2014
1 Week down  -16.01 %
1 Month up  44.16 %
3 Months up  46.82 %
1 YTD up  45.63 %

(*) Stock Price at the time of the recommendation.
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