EXCO investor Pickens reports 5.1% stake in company

By Devika Patel

Knoxville, Tenn., July 25 - Thomas Boone Pickens, Jr. reported an 5.1% stake in EXCO Resources, Inc. in to a Friday schedule 13D filing with the Securities and Exchange Commission.

Pickens now owns 10,656,600 of EXCO's 210,914,123 outstanding shares, according to the filing.

The total amount includes 37,500 shares which may be acquired by the investor through an option.

EXCO is a Dallas-based oil and natural gas acquisition, exploitation, development and production company.

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