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Tag Archives: Exco Resources Inc.

Exco Resources suspends dividend

oil barrels

Exco Resources Inc. said Monday that it has suspended its cash dividend due to a fall in oil prices, which sent its shares down sharply. The Dallas-based oil and natural gas company said that it will reinvest the money that it would have spent on the dividend into the company. Exco CEO Jeff Benjamin said that the board determined this ...

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