14 Oct 2015securities registration● Neutral
EXCO RESOURCES INC filed the final prospectus for a registered offering.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Sept 2015securities registration● Neutral
EXCO RESOURCES INC registered a securities offering with the SEC using its shelf eligibility.
11 Sept 2015securities registration● Neutral
EXCO RESOURCES INC filed notice of an exempt private placement.
3 Aug 2015listing compliance notice▼ BadMajor
EXCO received a notice from the NYSE that its share price had fallen out of compliance with listing standards, and said it was considering a reverse stock split to fix it - its first listing warning as the price downturn deepened.
28 July 2015debt financing▼ BadMajor
EXCO's lenders cut its credit facility borrowing base again, from $725 million to $600 million, as low oil and gas prices kept eroding the value backing the loan.
27 July 2015quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $454.2 million for the period ended 2015-06-30.
27 July 2015quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $454.2 million for the period ended 2015-06-30.
16 July 2015securities registration● Neutral
EXCO RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
16 July 2015securities registration● Neutral
EXCO RESOURCES INC amended an already-effective registration statement.
1 June 2015material agreement● Neutral
EXCO and ESAS signed a minor clerical amendment to their March 2015 Services and Investment Agreement, correcting an error rather than changing its substance.
29 Apr 2015quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $318.1 million for the period ended 2015-03-31.
29 Apr 2015quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $318.1 million for the period ended 2015-03-31.
27 Apr 2015material agreement▼ BadMajor
EXCO signed a Registration Rights Agreement with ESAS on April 21, 2015, requiring it to register ESAS's shares, the 80 million warrants and the warrant shares for resale under the March services and investment deal. It also obtained waivers from holders of existing registration rights.
21 Apr 2015securities registration● Neutral
EXCO RESOURCES INC registered a securities offering with the SEC using its shelf eligibility.
14 Apr 2015securities registration● Neutral
EXCO RESOURCES INC filed notice of an exempt private placement.
25 Feb 2015quarterly activities report● Neutral
EXCO RESOURCES INC reported a quarterly net income of $81.4 million for the period ended 2014-12-31.
25 Feb 2015securities registration● Neutral
EXCO RESOURCES INC amended an already-effective registration statement.
12 Feb 2015debt financing▼ BadMajor
EXCO's lenders cut its credit facility borrowing base sharply, from $900 million to $725 million, as the late-2014 oil and gas price crash hit the value of its reserves.
6 Nov 2014asset acquisition disposition▲ GoodMajor
EXCO closed the sale of its remaining Compass Production Partners stake to HGI for $118.75 million, completing its exit from the 2013 Harbinger Group joint venture.
29 Oct 2014quarterly activities report● Neutral
EXCO RESOURCES INC reported a quarterly net income of $41.6 million for the period ended 2014-09-30.
28 Oct 2014quarterly activities report● Neutral
EXCO RESOURCES INC reported a quarterly net income of $41.6 million for the period ended 2014-09-30.
27 Oct 2014debt financing● Neutral
EXCO's semi-annual credit facility review nudged its borrowing base up slightly, from $875 million to $900 million.
10 Oct 2014material agreement▲ GoodMajor
EXCO agreed to sell HGI its remaining 25.5% stake in their 2013 joint venture (now Compass Production Partners) for $118.75 million, exiting the partnership entirely and using the cash to pay down its credit facility.
30 July 2014quarterly activities report● Neutral
EXCO RESOURCES INC reported a quarterly net income of $2.3 million for the period ended 2014-06-30.
29 July 2014quarterly activities report● Neutral
EXCO RESOURCES INC reported a quarterly net income of $2.3 million for the period ended 2014-06-30.
18 July 2014debt financing▲ Good
EXCO's credit agreement was amended to raise the cap on common-stock dividends it's allowed to pay from $50 million to $75 million, alongside other covenant tweaks.
30 Apr 2014quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $4.6 million for the period ended 2014-03-31.
30 Apr 2014quarterly activities report▼ Bad
EXCO RESOURCES INC reported a quarterly net loss of $4.6 million for the period ended 2014-03-31.
16 Apr 2014debt financing▼ BadMajor
EXCO closed a $500 million offering of 8.5% senior notes due 2022, issued at par, with net proceeds of about $490 million. It used the proceeds to repay its term loan in full and to pay down part of its revolving credit facility.
15 Apr 2014securities registration● Neutral
EXCO RESOURCES INC filed a prospectus supplement for an offering off its existing shelf.