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EXCO Resources Inc. Message Board

  • atmytoy atmytoy Sep 10, 2013 7:24 AM Flag

    BG Group plc (“BG Group”) has elected not to acquire 50% of the recently acquired producing and undeveloped oil and gas assets in the Haynesville shale formation (“Haynesville”). EXCO closed the acquisition of the Haynesville

    EXCO Resources, Inc. (XCO) (“EXCO”) today announced BG Group plc (“BG Group”) has elected not to acquire 50% of the recently acquired producing and undeveloped oil and gas assets in the Haynesville shale formation (“Haynesville”). EXCO closed the acquisition of the Haynesville assets on July 12, 2013 for a purchase price of $288 million, after customary preliminary purchase price adjustments. These assets were subject to BG Group's right to acquire a 50% interest, which was formally offered to BG Group on July 13, 2013

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    • Why does mgmt talk about guidance in terms of EBITDA vs. EPS? Are they unsure about how they will be managing some aspects of that as it relates to EPS, or are they trying to let us know that EPS will not be growing because of a focus on retiring debt, but the company is growing as shown by EBITDA?

 
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