Haynesville and Marcellus Shale Plays are 'In Play' Today Following EXCO (XCO) Takeover Offer

Speculators are asking "who's next" in the 'Oil & Gas - Exploration & Production' sector following news this morning that EXCO Resources (NYSE: XCO) has received a $20.50/per share takeover offer from its CEO Douglas H. Miller. The takeover offer represented a 38% premium to Friday's close.

EXCO has interest in two of the hottest natural gas play in the U.S. - The Haynesville Shale and the Marcellus Shale.

Below is a look at how other companies, also involved in these two hot areas, are performing this morning on hopes they could be next:

Some companies in the Haynesville shale:

• Chesapeake Energy (NYSE: CHK) +2%
  
• PetroHawk Energy (NYSE: HK) +4.6%
  
• Southwestern Energy (NYSE: SWN) +5.5%
  
• GMX Resources (Nasdaq: GMXR) +1.1%
  
• Comstock Resources Inc. (NYSE: CRK) +6.3%
  
• Goodrich Petroleum (NYSE: GDP) +1.2%
  
• SM Energy Company (NYSE: SM) +3%
  
• Forest Oil Corp. (NYSE: FST) +3.5%
  
• EOG Resources (NYSE: EOG) +1.7%

Some companies in the Marcellus shale:

• Chesapeake Energy (NYSE: CHK) +2%
  
• EOG Resources (NYSE: EOG) +1.7%
  
• Range Resources' (NYSE: RRC) +5%
  
• Penn Virginia (NYSE: PVA) +3%
  
• Southwestern Energy (NYSE: SWN) +5.5%
  
• Cabot Oil & Gas Corporation (NYSE: COG) +5%
  
• EQT Corporation (NYSE: EQT) +1.4%

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