Future of the Marcellus for EXCO Resources: Sell or Hold?

Energy analyst Richard Zeits, writing on the Seeking Alpha website, does a deep dive into exploration & production company EXCO Resources. Zeits is a master and, as usual, digs up some great insights. EXCO operates in East Texas/North Louisiana (the Haynesville Shale), South Texas (the Eagle Ford Shale), and in the Marcellus/Utica in the northeast. In fact, EXCO holds some 161,000 acres of leases in the Marcellus–a sizable chunk. What are they doing to monetize their Marcellus acreage? Zeits tells us the possibilities…

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