EXCO Resources NL (XCO) Shares are Down -9.23%

EXCO Resources NL (XCO) : During the past 4 weeks, traders have been relatively bearish on EXCO Resources NL (XCO), hence the stock is down -14.31% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.63% relative to the S&P 500. The 4-week change in the price of the stock is -14.49% and the stock has fallen -9.23% in the past 1 week.

The shares have received a consensus rating of Sell for the current week The stock has recorded a twenty day Moving Average of 9.58% and the fifty day Moving Average is 8.71%. EXCO Resources Inc. is up 49.37% in the last three month period. Year-to-Date the stock performance stands at -4.84%.


EXCO Resources NL (NYSE:XCO): On Fridays trading session , Opening price of the stock was $1.2 with an intraday high of $1.23. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $1.16. However, the stock managed to close at $1.18, a loss of 0.84% for the day. On the previous day, the stock had closed at $1.19. The total traded volume of the day was 1,327,278 shares.

EXCO Resources Inc. is an oil and natural gas company 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 Companys principal operations are conducted in certain United States oil and natural gas areas including Texas, Louisiana and the Appalachia region. The Company focuses on the development of its core areas. This includes a portfolio of both oil and natural gas assets that provide the Company the optionality to allocate capital to enhance its returns under various commodity price environments. The Company holds acreage positions in three shale plays in the United States: East Texas and North Louisiana, where it holds around 85,300 net acres in the Haynesville and Bossier shales; South Texas, where it holds approximately 52,900 net acres in the Eagle Ford shale; and Appalachia, where it holds around 157,000 net acres prospective in the Marcellus shale.

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