EXCO Resources Inc. (XCO) announced that its Board has approved a capital budget of $471.4 million for 2010. The company expects the budget to be fully funded with cash flow from operations.
The capital budget program in East Texas/North Louisiana includes plans to spend $255.2 million net to EXCO, or approximately 54% of the total EXCO capital budget.
The capital budget program for Appalachia Division totals $154.2 million. The company has a capital budget totaling $29.2 million for Permian Division.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.