During the corresponding time, Exco Resources Inc recorded a revenue increase by 54.05 % year on year, sequentially revenue grew by 8.41 %. While revenue at the Exco Resources Inc's corporate clients
Exco Resources Inc's Comment on Sales, Marketing and Customers
Sales to BG Energy Merchants LLC, and subsequently to Shell Energy North America
US, LP, and Chesapeake Energy Marketing Inc. accounted for approximately 24% and
32%, respectively, of our total consolidated revenues. BG Energy Merchants LLC
was a subsidiary of BG Group, plc ("BG Group") until the acquisition
of BG Group by Royal Dutch Shell, plc ("Shell") in February 2016. Chesapeake
Energy Marketing Inc. is a subsidiary of Chesapeake Energy Corporation ("Chesapeake").
We are managing our credit risk as a result of the current commodity price environment
through the attainment of financial assurances from certain customers. The loss
of any significant customer may cause a temporary interruption in sales of, or
lower price for, our oil and natural gas production.
Exco Resources Inc’s Comment on Sales, Marketing and Customers
Sales to BG Energy Merchants LLC, and subsequently to Shell Energy North America
US, LP, and Chesapeake Energy Marketing Inc. accounted for approximately 24% and
32%, respectively, of our total consolidated revenues. BG Energy Merchants LLC
was a subsidiary of BG Group, plc ("BG Group") until the acquisition
of BG Group by Royal Dutch Shell, plc ("Shell") in February 2016. Chesapeake
Energy Marketing Inc. is a subsidiary of Chesapeake Energy Corporation ("Chesapeake").
We are managing our credit risk as a result of the current commodity price environment
through the attainment of financial assurances from certain customers. The loss
of any significant customer may cause a temporary interruption in sales of, or
lower price for, our oil and natural gas production.
Sources:
Exco Resources Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Exco Resources Inc’s corporate clients.
For your research, we’ve provided 9 tables on Exco Resources Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
