Crude oil, natural gas and gasoline prices jumped Tuesday, pushing up the share price of Exco Resources Inc. (NYSE:XCO).
Benchmark crude for May delivery rose $1.33 to settle at $103.88 a barrel on the New York Mercantile Exchange.
Heating oil jumped 3.94 cents to settle at $3.0012 a gallon. Gasoline futures climbed 10.13 cents to settle at $3.3797 a gallon, while natural gas for June delivery increased 8.7 cents to settle at $4.303 per 1,000 cubic feet.
EXCO Resources, Inc. is an independent oil and natural gas company which participates in the exploration, exploitation, development, and production of onshore oil and natural gas properties in North America.
Exco Resources Inc. (NYSE:XCO) closed at $20.49, gaining $0.09, or 0.44 percent.
Wednesday, May 11, 2011
Exco Resources Inc. (XCO) Trades Up While Oil, Gas Rise
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Exco Resources
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