Billionaire, legendary energy investor T Boone Pickens sells shares of EXCO Resources, Inc. from his personal holdings over the past two month. He sold 1,703,889 shares at prices from $17.7 to $19.21. He still owns more than 11.6 million shares of EXCO Resources, Inc. after the sales.
EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploitation of onshore oil and natural gas properties in North America. EXCO Resources, Inc. has a market cap of $1.89 billion, it was traded at around $18.15 with P/E ratio of 145.12 and P/S ratio of 4.63.
EXCO Resources, Inc. is owned by two Gurus, both of them Increased Positions in XCO during the first quarter of this year. John Keeley owns 3,639,817 shares as of 03/31/2007, an increase of 85.25% of from the previous quarter. This position accounts for 0.9% of the $6.68 billion portfolio of Keeley Fund Management. Ron Baron owns 1,060,200 shares as of 03/31/2007, an increase of 7.63% of from the previous quarter. This position accounts for 0.1% of the $17.98 billion portfolio of Baron Funds.
T Boone Pickens chairs the private equity firm BP Capital Management. He made his fortune by investing in energy companies. The sales of EXCO Resources, Inc are not related to BP Capital’s portfolio.
EXCO Resources, Inc., an independent oil and natural gas company, engages in the acquisition, development, and exploitation of onshore oil and natural gas properties in North America. EXCO Resources, Inc. has a market cap of $1.89 billion, it was traded at around $18.15 with P/E ratio of 145.12 and P/S ratio of 4.63.
EXCO Resources, Inc. is owned by two Gurus, both of them Increased Positions in XCO during the first quarter of this year. John Keeley owns 3,639,817 shares as of 03/31/2007, an increase of 85.25% of from the previous quarter. This position accounts for 0.9% of the $6.68 billion portfolio of Keeley Fund Management. Ron Baron owns 1,060,200 shares as of 03/31/2007, an increase of 7.63% of from the previous quarter. This position accounts for 0.1% of the $17.98 billion portfolio of Baron Funds.
T Boone Pickens chairs the private equity firm BP Capital Management. He made his fortune by investing in energy companies. The sales of EXCO Resources, Inc are not related to BP Capital’s portfolio.
