More on EXCO's (XCO) Q2: GAAP results were a net loss of $2.32/share, including a $429M pre-tax...

|About: EXCO Resources, Inc. (XCO)|By:, SA News Editor

More on EXCO's (XCO) Q2: GAAP results were a net loss of $2.32/share, including a $429M pre-tax non-cash ceiling test write-down of oil and natural gas properties. Production totaled 550 MMcfe/day vs. 537 MMcfe/day in Q1. Reduced drilling activity in the Haynesville shale will result in declines in quarterly production volumes. XCO +1.5% AH.