Category Archives: Uncategorized

EXCO Resources, Inc. Streamlines Board Of Directors With Concentrated Equity Ownership

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today reiterated its commitment to improving its financial flexibility and enhancing long-term value for shareholders through the continued execution of a comprehensive consensual restructuring program (the “Restructuring Program”). EXCO currently has approximately $250 million of liquidity and, after giving effect to the reduction of its 2016 capital budget to $85 million, the Company expects liquidity utilization to average $10 million per month during 2016. EXCO has no debt maturities prior to July 2018.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Announces Adjournment Of Annual Meeting And Updated Slate Of Directors For Election At The Annual Meeting

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–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 75251.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Announces the Formation of Special Committee of Directors to Explore Strategic Alternatives

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–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.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Reports First Quarter 2016 Results

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced operating and financial results for the first quarter 2016.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Announces Management Changes

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–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.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Schedules First Quarter 2016 Results and Conference Call

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced that it will be releasing first quarter 2016 results on Tuesday, May 3, 2016, after the market closes.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources Announces Spring 2016 Borrowing Base And Reduced 2016 Capital Budget

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today announced the spring borrowing base redetermination and full year 2016 capital program.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Reports Fourth Quarter and Full Year 2015 Results

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–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.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources, Inc. Announces Operational and Financial Update for Year-End 2015

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–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.

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

 

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EXCO Resources Announces Closing of Second Lien Term Loan and Note Repurchase

Dateline City:
DALLAS

DALLAS–(BUSINESS WIRE)–EXCO Resources, Inc. (NYSE:XCO) (“EXCO” or the “Company”) today
announced that it had closed the funding of its previously announced
12.5% Senior Secured Second Lien Term Loan in the aggregate principal
amount of approximately $109 million (the “Exchange Term Loan”).

Language:
English
Contact:

EXCO Resources, Inc.
Chris Peracchi, 214-368-2084
Vice President of Finance and Investor Relations, and Treasurer
www.excoresources.com

Ticker Slug:
Ticker:
XCO
Exchange:
NYSE
ISIN:
US2692794025

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