EXCO Resources, Inc.(NYSE XCO)

EXCO Resources, Inc.(EXCO) is an independent oil and natural gas company engaged in the exploration, exploitation, development and production 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.

The company’s stocks are trading at unusually high volume last trading day with 12.5 million shares changing hands. It is currently trading up 8.30% at $16.42, which is moving above its 52 week low by 24.66% and moving below from 52 week high price by 21.18%. It is below its 20 days moving average of $17.33 and below its 250 days moving average of $18.01.  The company has sound business returns as its operating margin is 101.55% with profit margin of 106.02%. The company recently announced that it will be releasing second quarter 2011 results on Tuesday, August 2, 2011, after market close.

The company’s P/E ratio is 6.13, which indicates that it is highly undervalued. This stock was upgraded by stoxline from a “buy” rating to a “strong buy” rating. It has a price target of $21.60 in six months.


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