Zacks Investment Research downgraded shares of EXCO RESOURCES (XCO) from NEUTRAL to UNDERPERFORM on March 02, 2015, with a target price of $2.00.
EXCO Resources, Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties. EXCO targets acquisitions of onshore, North American oil and natural gas properties, with particular emphasis on Appalachia, Eastern and Western Texas, Mid Continent and the Rocky Mountain regions. The Company's primary goal is to build value for our shareholders by acquiring quality properties and to enhance the value of assets through control of operations, property development and reduction of costs.
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