EXCO Resources, Inc. reported unaudited consolidated earnings and production results for the fourth quarter and year ended December 31, 2016. For the quarter, total revenues were $78,934,000 against $70,541,000 a year ago. Operating income was $12,604,000 against loss of $240,817,000 a year ago. Loss before income taxes was $33,672,000 against $65,595,000 a year ago. Net loss was $34,699,000 against $65,595,000 a year ago. Loss per basic and diluted common share was $0.12 against $0.24 a year ago. LBITDA was $5,433,000 against $1,069,000 a year ago. Adjusted EBITDA was $26,073,000 against $47,078,000 a year ago. Cash flow from operations was $3,326,000 against $7,171,000 a year ago. Adjusted cash flow from operations was $11,832,000 against $27,710,000 a year ago. Additions to oil and natural gas properties, gathering assets and equipment were $8,938,000 against $47,882,000 a year ago. Adjusted net loss was $1,896,000 against $10,457,000 a year ago. Net debt as at December 31, 2016 was $1,110 million against $1,148 million a year ago.

For the year, total revenues were $271,001,000 against $355,700,000 a year ago. Operating loss was $220,949,000 against $1,339,875,000 a year ago. Loss before income taxes was $222,456,000 against $1,192,381,000 a year ago. Net loss was $225,258,000 against $1,192,381,000 a year ago. Loss per basic and diluted common share was $0.81 against $4.36 a year ago. Net cash used in operating activities was $414,000 against cash provided by operating activities of $134,027,000 a year ago. Additions to oil and natural gas properties, gathering assets and equipment were $79,393,000 against $317,590,000 a year ago. Property acquisitions were $1,032,000 against $7,608,000 a year ago. LBITDA was $76,036,000 against $870,873,000 a year ago. Adjusted EBITDA was $95,662,000 against $233,207,000 a year ago. Adjusted cash flow from operations was $35,319,000 against $144,087,000 a year ago. Adjusted net loss was $40,692,000 against $53,805,000 a year ago.

For the quarter, total production was 24.2 Bcfe against 29.3 Bcfe a year ago. Total daily production was 263 Mmcfe/d against 319 Mmcfe/d a year ago.

For the year, total production was 104.4 Bcfe against 124.0 Bcfe a year ago. Total daily production was 285 Mmcfe/d against 340 Mmcfe/d a year ago.

For the first quarter of 2017, the company expects total production of 21.2 Bcfe - 22.1 Bcfe, total daily production of 235 Mmcfe/d -245 Mmcfe/d and capital expenditures of $26 million.