Professional
Added to YB: 2024-03-14
Pitch date: 2024-03-09
EXCE [bullish]
EXCO Resources, Inc.
+155.86%
current return
Author Info
No bio for this author
Company Info
EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, development, and production of onshore oil and natural gas properties with a focus on shale resource plays in the United States.
Market Cap
$422.3M
Pitch Price
$7.25
Price Target
N/A
Dividend
N/A
EV/EBITDA
N/A
P/E
-1.08
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
value
Fairfax Financial Portfolio Holding: EXCO Resources, Inc. - $EXCE
$EXCE: Repurchased 8% shares, Fairfax's stake 49%. Share buybacks below intrinsic value. 2023 reserve addition 2x production, despite lower proved reserves value amid weak commodity prices. Prod up 3.2% YOY. Strong sheet, agile ops. Valued at $418M or $18.24/share, 3x '23 net income.
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