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Briefs - Exco Trading | Cone Midstream

Dallas-based onshore operator Exco Resources Inc. has begun trading on the OTC Pink Marketplace under “XCOO” after the New York Stock Exchange (NYSE) began proceedings to delist its common shares. Exco failed to maintain an average global market capitalization of at least $15 million over 30 consecutive trading days and was suspended from NYSE trading. Exco’s principal operations are in Texas, North Louisiana and Appalachia.

CNX Resources Corp., which recently acquired Noble Energy Inc.’s interest in Cone Midstream Partners LP, is changing the system’s name to CNX Midstream Partners LP once the deal is complete in 1Q2018. Cone’s ticker symbol on the New York Stock Exchange would change to “CNXM” from “CNNX.” CNX, formerly Consol Energy Inc., also rebranded after the natural gas and coal businesses were seperated. Cone gathers CNX’s Appalachian natural gas production, operating about 250 miles of pipeline and 91,000 hp of compression.

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