EXCO Resources (XCO) Tops Q3 EPS by 4c
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EXCO Resources, Inc. Reports Third Quarter 2015 Results
October 27, 2015 4:30 PM EDTDALLAS--(BUSINESS WIRE)-- EXCO Resources, Inc. (NYSE: XCO) (EXCO or the "Company") today announced operating and financial results for the third quarter 2015.
2015 Third Quarter Highlights
Drilled 9 gross (5.2 net) and turned-to-sales 9 gross (4.6 net) operated horizontal wells in the third quarter 2015, consistent with the capital budget. Produced 340 Mmcfe per day, or 31 Bcfe, for the third quarter 2015, at the low-end of guidance. Production decreased 21 Mmcfe per day, or 6%, from the second quarter 2015, primarily due to the timing of completion activities and higher downtime.... More