Finance & Investing | General News | Financial Trouble | Capital Markets
Troubled EXCO Delisted from NYSE Market; Begins Trading on OTC
Email
Print 
Bookmark
Exco Resources' stock is in the process of being delisted from the NYSE due to EXCO's failure to maintain an average global market capitalization over a consecutive 30 trading-day period of at least $15 million.
As a result, the company has listed its shares on the OTC markets under the symbol "XCOO".
The company hired strategic advisors to assist the company in potentially filing for bankruptcy in early November 2017. Additionally, the chairman of the company, John Wilder, announced his resignation shortly thereafter.
Related Categories :
Finance & Investing
More Finance & Investing News
-
Peak Resources Pumps the Brakes on IPO
-
CrownRock Wasted No Time Sellling Oxy Shares It Acquired
-
Baytex Energy Corp. First Quarter 2023 Results
-
Silverbow Resources Board Adopts 'Poison Pill' Strategy
-
Bonterra Energy Second Quarter 2022 Results
Ark-La-Tex News >>>
-
Oilfield Service Report : 13 New Leads/Company Formation & Contacts YTD
-
Comstock Delivers Strong Q1 2025 — Olajuwon Pickens #1 Steals the Spotlight
-
New Haynesville Focused E&P Scores Cash From Large PE Firm.
-
Comstock Resources To Increase Haynesville Drilling Activity in 2025
-
This Large E&P Will Run 10 Rigs & 6 Frac Crews In 2025
