EXCO Resources, Inc. (NYSE:XCO)
CAPS Rating:
An independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.
An independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.
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Recs
- Improving natural gas fundamentals- Focus on profitable shale plays- Strong capital discipline- Strong asset base- Clean BS- Trading at a discount compared to its peers, 0.6 PEG ratio - Potential takeover target in a sector that should consolidate if natural gas prices were to stay low