EXCO Resources (XCO) Misses Q1 EPS by 108c

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EXCO Resources, Inc. Reports First Quarter 2015 Results

April 28, 2015 4:12 PM EDT

DALLAS--(BUSINESS WIRE)-- EXCO Resources, Inc. (NYSE: XCO) (EXCO or the "Company") today announced operating and financial results for the first quarter 2015.

2015 First Quarter Highlights

Drilled 13 gross (5.5 net) and turned-to-sales 29 gross (14.6 net) operated horizontal wells in the first quarter 2015, consistent with the capital budget. Produced 339 Mmcfe per day, or 30 Bcfe, for the first quarter 2015, consistent with the midpoint of guidance. Production increased 7 Mmcfe per day from the fourth quarter 2014 excluding the impact of an asset divestiture.... More