Zeits OIL ANALYTICS by Richard Zeits

“"Best stock ideas" and macro analysis in Oil and U.S. Natural Gas.”

EXCO Resources: Fundamentals Remain Weak, Despite Leadership Change

XCO

Last Thursday, EXCO Resources (XCO) issued a press release announcing the resignation of the company's CEO Douglas H. Miller. The market reacted with an 8% stock price run-up during the following trading session. However, the news does not provide much reason for optimism. The unexpected announce...

Last Thursday, EXCO Resources (XCO) issued a press release announcing the resignation of the company's CEO Douglas H. Miller. The market reacted with an 8% stock price run-up during the following trading session. However, the news does not provide much reason for optimism. The unexpected announce...

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