EXCO Resources NL (XCO) Sets New 1-Year Low at $0.76

EXCO Resources NL (NYSE:XCO) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $0.76 and last traded at $0.76, with a volume of 262693 shares changing hands. The stock had previously closed at $0.79.

The company has a debt-to-equity ratio of -0.03, a current ratio of 0.12 and a quick ratio of 0.11.

EXCO Resources (NYSE:XCO) last issued its quarterly earnings data on Tuesday, November 7th. The oil and natural gas company reported ($0.91) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.33) by ($0.58). The business had revenue of $66.74 million during the quarter.

Institutional investors have recently added to or reduced their stakes in the stock. Citadel Advisors LLC raised its holdings in shares of EXCO Resources by 40.1% in the second quarter. Citadel Advisors LLC now owns 41,195 shares of the oil and natural gas company’s stock valued at $109,000 after buying an additional 11,795 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of EXCO Resources by 4.0% in the first quarter. Bank of New York Mellon Corp now owns 876,824 shares of the oil and natural gas company’s stock valued at $544,000 after buying an additional 33,432 shares during the last quarter. Finally, Staley Capital Advisers Inc. raised its holdings in shares of EXCO Resources by 60.7% in the third quarter. Staley Capital Advisers Inc. now owns 847,481 shares of the oil and natural gas company’s stock valued at $1,136,000 after buying an additional 320,047 shares during the last quarter. 56.00% of the stock is owned by institutional investors and hedge funds.

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About EXCO Resources

EXCO Resources, Inc (EXCO) is an oil and natural gas company. The Company is engaged in the exploration, exploitation, acquisition, development and production of onshore United States oil and natural gas properties with a focus on shale resource plays. The Company’s principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana and the Appalachia region.

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