EXCO Resources NL (NYSE:XCO) major shareholder Wl Ross & Co Llc sold 22,011 shares of the firm’s stock in a transaction dated Friday, December 22nd. The shares were sold at an average price of $0.62, for a total transaction of $13,646.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Wl Ross & Co Llc also recently made the following trade(s):
- On Wednesday, December 27th, Wl Ross & Co Llc sold 390,000 shares of EXCO Resources stock. The shares were sold at an average price of $0.01, for a total transaction of $3,900.00.
EXCO Resources NL (XCO) remained flat at $$0.64 during trading hours on Friday. EXCO Resources NL has a fifty-two week low of $0.51 and a fifty-two week high of $14.70. The stock has a market capitalization of $13.76, a PE ratio of 0.17 and a beta of 0.37. The company has a current ratio of 0.12, a quick ratio of 0.11 and a debt-to-equity ratio of -0.03.
A hedge fund recently raised its stake in EXCO Resources stock. Citadel Advisors LLC increased its stake in EXCO Resources NL (NYSE:XCO) by 40.1% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,195 shares of the oil and natural gas company’s stock after purchasing an additional 11,795 shares during the period. Citadel Advisors LLC owned 0.22% of EXCO Resources worth $109,000 as of its most recent filing with the Securities & Exchange Commission. 56.25% of the stock is owned by institutional investors.
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About EXCO Resources
EXCO Resources, Inc (EXCO) is an oil and natural gas company. The Company is 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 Company’s principal operations are conducted in certain United States oil and natural gas areas, including Texas, Louisiana and the Appalachia region.
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