EXCO Resources (XCO) Reports Q2 EPS of $6.07
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EXCO Resources, Inc. Reports Second Quarter 2017 Results
August 8, 2017 4:01 PM EDTDALLAS--(BUSINESS WIRE)-- EXCO Resources, Inc. (NYSE: XCO) ("EXCO" or the "Company") today announced operating and financial results for second quarter 2017.
2017 Second Quarter Highlights
Drilled 11 gross (4.8 net) and turned-to-sales 4 gross (3.5 net) operated horizontal wells in North Louisiana in second quarter 2017. Produced 229 Mmcfe per day, or 21 Bcfe, for second quarter 2017, a decrease of 4% compared to first quarter 2017, primarily due to natural production declines and the timing of wells turned-to-sales. GAAP net income was $121... More