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Exco posts 2Q profit

DALLAS (AP) _ Exco Resources Inc. (XCO) on Tuesday reported second-quarter net income of $120.8 million, after reporting a loss in the same period a year earlier.

The Dallas-based company said it had net income of $6.07 per share. Losses, adjusted for non-recurring gains, came to 23 cents per share.

The oil and natural gas company posted revenue of $71 million in the period.

In the final minutes of trading on Tuesday, the company's shares hit $1.54. A year ago, they were trading at $19.79.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XCO at https://www.zacks.com/ap/XCO


Keywords: Exco Resources, Earnings Report