EXCO Resources (XCO) Tops Q2 EPS by 4c
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EXCO Resources, Inc. Reports Second Quarter 2015 Results
July 27, 2015 5:30 AM EDTDALLAS--(BUSINESS WIRE)-- EXCO Resources, Inc. (NYSE: XCO) (EXCO or the "Company") today announced operating and financial results for the second quarter 2015.
2015 Second Quarter Highlights
Drilled 9 gross (4.4 net) and turned-to-sales 22 gross (5.7 net) operated horizontal wells in the second quarter 2015, consistent with the capital budget. Produced 361 Mmcfe per day, or 33 Bcfe, for the second quarter 2015, which exceeded the midpoint of guidance. Production increased 22 Mmcfe per day from the first quarter 2015. Adjusted EBITDA, a non-GAAP measure,... More