(:XCO)
Business Focus: N/A
Jan 15, 2018 10:48 pm ET
EXCO Resources, Inc. Files Voluntary Petitions for Chapter 11 Reorganization to Facilitate Financial Restructuring
EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) ("EXCO" or the
"Company") today announced that in order to facilitate a restructuring
of its balance sheet, the Company and certain of its subsidiaries have
filed voluntary petitions for a court-supervised reorganization under
Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy
Court for the Southern District of Texas (“the Court”). EXCO intends to
operate in the ordinary course of business during the restructuring
process.
Dec 27, 2017 01:51 pm ET
EXCO Resources, Inc. Common Shares to Begin Trading on the OTC Pink Marketplace
EXCO Resources, Inc. (NYSE: XCO.BC) (OTC Pink: XCOO) (“EXCO” or the
“Company”) today announced that on December 22, 2017, EXCO was notified
by the New York Stock Exchange (“NYSE”) that the NYSE has determined to
commence proceedings to delist EXCO’s common shares from the NYSE as a
result of EXCO’s failure to maintain an average global market
capitalization over a consecutive 30 trading-day period of at least $15
million pursuant to Section 802.01B of the NYSE Listed Company Manual.
The NYSE also suspended the trading of EXCO’s common shares at
Dec 21, 2017 07:30 am ET
EXCO Resources, Inc. Enters into Forbearance Agreements
December 21, 2017 – EXCO Resources, Inc. (NYSE: XCO) ("EXCO" or
the "Company") today announced that it has entered into forbearance
agreements (the “Forbearance Agreements”) with the administrative agent
and the majority of lenders under its reserve-based credit agreement
(the “Credit Agreement”), holders of approximately 87% of the
outstanding aggregate principal amount of its senior secured 1.5 lien
notes due March 2022 (the “1.5 Lien Notes”) and lenders holding
approximately 81% of its outstanding senior secured 1.75 lien term loans
Dec 15, 2017 04:17 pm ET
EXCO Resources, Inc. Receives Continued Listing Standard Notice from NYSE
EXCO Resources, Inc. (NYSE:XCO.BC) (“EXCO” or the “Company”) today
announced that on December 11, 2017, EXCO was notified by the New York
Stock Exchange (“NYSE”) of its noncompliance with continued listing
standards because the average closing price of its common shares over a
period of 30 consecutive trading days had fallen below $1.00 per share,
which is the minimum average closing price per share required to
maintain listing on the NYSE.
Nov 09, 2017 05:17 pm ET
EXCO Resources, Inc. Announces Change to Board of Directors
EXCO Resources, Inc. (NYSE:XCO.BC) (“EXCO” or the “Company”) today
announced the resignation of C. John Wilder from his position as a
member of the Company’s Board of Directors (the “Board”) and his
position as Executive Chairman of the Board, in each case effective as
of November 9, 2017. Mr. Wilder became one of the Company’s directors
and Executive Chairman of the Board in September 2015.
Nov 07, 2017 04:01 pm ET
EXCO Resources, Inc. Reports Third Quarter 2017 Results
EXCO Resources, Inc. (NYSE: XCO) ("EXCO" or the "Company") today
announced operating and financial results for third quarter 2017.
Nov 06, 2017 08:30 am ET
Research Report Identifies SandRidge, EXCO, California Resources, Verso, Vistra, and Arch Coal with Renewed Outlook – Fundamental Analysis, Calculating Forward Movement
NEW YORK, Nov. 06, 2017 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of SandRidge Energy, Inc. (NYSE:SD), EXCO Resources,...
Oct 06, 2017 05:16 pm ET
EXCO Resources, Inc. Announces Change to Board of Directors
EXCO Resources, Inc. (NYSE:XCO.BC) (“EXCO” or the “Company”) today
announced the resignation of Stephen J. Toy from the Company’s Board of
Directors (the “Board”), effective as of October 6, 2017. Mr. Toy
originally joined the Board in March 2017.
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