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Security Profile
- Security Type
- Common Stock
- CUSIP
- 269279501 (prev. 269279402 )
- Market Cap
- Large Cap · $1 Billion
- Previous Symbol
- XCO (changed 12/27/2017)
Business: EXCO Resources, Inc. is an oil and natural gas exploration, exploitation, development and production company headquartered in Dallas, Texas with principal operations in Texas, North Louisiana and Appalachia.
Notes: Dec. 17, 2013-- EXCO Resources, Inc. (NYSE:XCO) today announced that it has filed a registration statement on Form S-3 with the Securities and Exchange Commission for its previously announced rights offering. The registration statement is automatically effective as of December 17, 2013. Under the terms of the rights offering, EXCO is distributing to its common shareholders, at no charge, one transferable subscription right for every share of common stock held of record as of 5:00 p.m., New York City time, on December 19, 2013, the previously announced record date. Each subscription right entitles the holder thereof to purchase 0.25 of a share of common stock for each share of common stock owned as of the record date at a purchase price of $5.00 per share. In addition to being able to purchase their pro rata portion of the shares offered based on their ownership as of the record date for the rights offering, shareholders may oversubscribe for additional shares of common stock as described in the registration statement.
As soon as practicable after the record date for the rights offering, EXCO will distribute subscription rights certificates to individuals who owned its common stock at 5:00 p.m., New York City time, on December 19, 2013. The rights offering will expire at 5:00 p.m., New York City time, on January 9, 2014.
Company Contact
- PRS
- Harold L. Hickey
- CFO
- Mark F. Mulhern
- Headquarters
- 12377 Merit Drive, Suite 1700, Dallas, TX 75251
- Phone
- 214-368-2084
- Fax
- 214-368-2087
- Investor Relations
- Chris Peracchi · 214-368-2084