EXCO Resources Inc. Fundamental Company Report Including Financial, SWOT, Competitors and Industry Analysis

November 2024 | 50 pages | ID: E2DE113BA17BEN
BAC Reports

Abstracts

EXCO Resources Inc. Fundamental Company Report provides a complete overview of the company’s affairs. All available data is presented in a comprehensive and easily accessed format. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. The report also enables direct comparison to be made between EXCO Resources Inc. and its competitors. This provides our Clients with a clear understanding of EXCO Resources Inc. position in the Energy Industry.

• The report contains detailed information about EXCO Resources Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
• Another part of the report is a SWOT-analysis carried out for EXCO Resources Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
• The EXCO Resources Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
• In the part that describes EXCO Resources Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
• Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of EXCO Resources Inc. business.

About EXCO Resources Inc.

EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploitation of onshore oil and natural gas properties. The company’s operations are focused in key North American oil and natural gas areas including East Texas/North Louisiana, Appalachia, and the Permian. In addition to its oil and natural gas producing operations, the company owns a 50% interest in a midstream joint venture in the East Texas/North Louisiana area.

EAST TEXAS/NORTH LOUISIANA

The East Texas/North Louisiana area consist of the Cotton Valley Sand trend, which covers portions of the East Texas Basin and the Northern Louisiana Salt Basin, and the Haynesville shale play that developed in northwest Louisiana and East Texas in 2008. EXCO operates or participates in approximately 1,300 total wells in the area and has significant operations base and infrastructure in East Texas and North Louisiana. The company is targeting tight gas sand reservoirs along the Cotton Valley Sand trend at depths of approximately 6,500 to 15,000 feet. The company’s Haynesville shale targets are approximately 12,000 feet true vertical depth and developed with horizontal wells that are typically approximately 16,500 feet measured depth.

Haynesville/Bossier shale

In the Haynesville/Bossier shale resource play in the East Texas/Northwest Louisiana area the company holds approximately 53,900 net acres. The core area of the Haynesville shale is located in Desoto and Caddo Parishes in Louisiana and Harrison and Panola Counties in Texas. In 2009, the company acquired 14,700 net acres in located in the core area of the shale play.

EXCO operated wells in the DeSoto Parish have averaged initial production rates of approximately 23 Mmcf per day. The company also participated in 12 outside operated horizontal Haynesville wells that were completed and turned to sales in 2009. It had 12 operated horizontal rigs drilling.

Vernon/Kelleys Fields

The Vernon Field, located in Jackson Parish, Louisiana, is the company’s major producing field. The field produces from the Lower Cotton Valley and Bossier Sand formations at depths ranging from 12,000 to 15,000 feet. The Kelleys Field is located north of the Vernon Field. In 2009, it drilled and completed seven gross wells in the two fields.

East Texas/North Louisiana Cotton Valley Area

Within its Cotton Valley Area, the company is active in Harrison, Panola, Rusk, Upshur and Gregg Counties in Texas, primarily across four fields—Danville, Waskom, Oak Hill and Minden. The company is also active in Caddo and DeSoto Parishes Louisiana, primarily in four fields—Holly, Kingston, Caspiana and Longwood. The company primarily focuses on developing Cotton Valley sands at depths ranging from approximately 10,400 to 11,000 feet and the Travis Peak and Hosston Sands at approximately 7,800 to 10,000 feet. The company’s natural gas is gathered through gathering lines operated by TGGT Holdings, LLC (TGGT). It drilled and completed 19 wells in 2009, across the Cotton Valley area.

APPALACHIA

The Appalachian Basin includes portions of the states of Kentucky, Ohio, Pennsylvania, Virginia, West Virginia and Tennessee, and covers an area of approximately 185,000 square miles.

Marcellus Shale Resource Play

During 2009, the company focused on testing and evaluating its Marcellus fairway acreage. Its net acreage in the play totals approximately 343,000 acres, all of which is located in Pennsylvania and West Virginia.

Pennsylvania Area

The Pennsylvania Area encompasses 23 of the counties in the state. As of December 31, 2009, the company had Proved Reserves of 153.2 Bcfe and 3,776 gross producing wells.

West Virginia Area

The West Virginia Area includes 29 counties stretching from the northern to the southern areas of the state. As of December 31, 2009, the company had Proved Reserves of 104.7 Bcfe and 2,273 gross producing wells.

PERMIAN

The Permian Basin is located in West Texas and the adjoining area of southeastern New Mexico. The company’s activities are focused on conventional oil and natural gas properties.

Sugg Ranch Field

The Sugg Ranch Field is located primarily in Irion County, Texas. Production is primarily from the Canyon Sand from depths of 6,700 to 7,900 feet.

Dispositions

In 2009, the company closed a sale and joint development transaction with BG Group plc, for the sale of an undivided 50% of its interest in the BG Group (BG AMI), which included most of its oil and natural gas assets in East Texas and North Louisiana (excluding the Vernon Field, Gladewater area, Overton Field and Redland Field), or the BG Upstream Transaction.

In 2009, the company sold its 50% membership interest in TGGT to an affiliate of BG Group which holds most of its East Texas and North Louisiana midstream assets, or the BG Midstream Transaction.

In 2009, the company sold its remaining assets in its Mid-Continent operating area to Sheridan Holding Company I, LLC.

In 2009, the company sold certain Ohio and Northwestern Pennsylvania producing assets to EV Energy Partners, L.P., along with certain institutional partnerships managed by EnerVest, Ltd.

Customers

The company's major customers include Crosstex Gulf Coast Marketing and Atmos Energy Marketing L.L.C.

Reserves

As of December 31, 2009, the company’s proved reserves were approximately 1.0 trillion cubic feet.

History

EXCO Resources, Inc. was founded in 1955.

The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.

Contents

RESEARCH METHODOLOGY

DISCLAIMER

1. EXCO RESOURCES INC. COMPANY PROFILE

1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History

2. EXCO RESOURCES INC. BUSINESS OVERVIEW

2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units

3. EXCO RESOURCES INC. SWOT ANALYSIS

3.1. Overview
3.2. Strengths
3.3. Weaknesses
3.4. Opportunities
3.5. Threats

4. EXCO RESOURCES INC. FINANCIAL ANALYSIS

4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.1. Profitability
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot

5. EXCO RESOURCES INC. COMPETITORS AND INDUSTRY ANALYSIS

5.1. EXCO Resources Inc. Direct Competitors
5.2. Comparison of EXCO Resources Inc. and Direct Competitors Financial Ratios
5.3. Comparison of EXCO Resources Inc. and Direct Competitors Stock Charts
5.4. EXCO Resources Inc. Industry Analysis
5.4.1. Energy Industry Snapshot
  5.4.2. EXCO Resources Inc. Industry Position Analysis

6. EXCO RESOURCES INC. NEWS & EVENTS

6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events

7. EXCO RESOURCES INC. EXPERTS REVIEW¹

7.1. Experts Consensus
7.2. Experts Revisions

8. EXCO RESOURCES INC. ENHANCED SWOT ANALYSIS²

9. UNITED STATES PESTEL ANALYSIS²

9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors

10. EXCO RESOURCES INC. IFE, EFE, IE MATRICES²

10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix

11. EXCO RESOURCES INC. PORTER FIVE FORCES ANALYSIS²

12. EXCO RESOURCES INC. VRIO ANALYSIS²

APPENDIX: RATIO DEFINITIONS

LIST OF FIGURES

EXCO Resources Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
EXCO Resources Inc. 1-year Stock Charts
EXCO Resources Inc. 5-year Stock Charts
EXCO Resources Inc. vs. Main Indexes 1-year Stock Chart
EXCO Resources Inc. vs. Direct Competitors 1-year Stock Charts
EXCO Resources Inc. Article Density Chart

1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.

List Of Tables

LIST OF TABLES

EXCO Resources Inc. Key Facts
Profitability
Management Effectiveness
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
EXCO Resources Inc. Key Executives
EXCO Resources Inc. Major Shareholders
EXCO Resources Inc. History
EXCO Resources Inc. Products
Revenues by Segment
Revenues by Region
EXCO Resources Inc. Offices and Representations
EXCO Resources Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
EXCO Resources Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Credit Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
EXCO Resources Inc. Capital Market Snapshot
EXCO Resources Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Energy Industry Statistics
EXCO Resources Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
EXCO Resources Inc. Consensus Recommendations¹
Analyst Recommendation Summary¹
Price Target Summary¹
Experts Recommendation Trends¹
Revenue Estimates Analysis¹
Earnings Estimates Analysis¹
Historical Surprises¹
Revenue Estimates Trend¹
Earnings Estimates Trend¹
Revenue Revisions¹

ANALYSIS FEATURES

SWOT Analysis

SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.

Enhanced SWOT Analysis

Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:

• How to use the strengths to take advantage of the opportunities?
• How to use the strengths to reduce likelihood and impact of the threats?
• How to overcome the weaknesses that obstruct taking advantage of the opportunities?
• How to overcome the weaknesses that can make the threats a reality?

Upon answering these questions a company can develop a project plan to improve its business performance.

PESTEL Analysis

PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.

Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.

Key Factors Examined by PESTEL Analysis:

• Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
• Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
• Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
• Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
• Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
• Legal – What laws and legislation will exert influence on the style the business is carried out?

IFE, EFE, IE Matrices

The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.

The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.

The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.

Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.

Porter Five Forces Analysis

The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:

1. What composes a threat of substitute products and services?
2. Is there a threat of new competitors entering the market?
3. What is the intensity of competitive rivalry?
4. How big is the bargaining power of buyers?
5. How significant is the bargaining power of suppliers?

VRIO Analysis

VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:

• Tangible resources
  • Financial
  • Physical
  • Technological
  • Organizational
• Intangible resources
  • Human
  • Innovation and Creativity
  • Reputation
• Organizational capabilities

The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:

• Valuable?
• Rare?
• Costly to imitate?
• Organized properly?