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.
Recs
Assets down by a third last three quarters with no significant change in liabilities. Listed as non-recurring, but it happens every quarter. I do assume the balance sheet in general reflects the ongoing reality of drilling.