EXCO Resources continues to operate as a privately held independent oil and natural gas exploration and production company following its successful financial restructuring and emergence from Chapter 11 bankruptcy proceedings. Through this court-supervised reorganization, the company successfully eliminated substantial debt obligations and secured committed exit financing facilities to stabilize its balance sheet. Because the enterprise transitioned into private ownership, its common shares are no longer traded on public stock exchanges, allowing management to focus entirely on developing its core onshore shale assets.