| Energy XXI reports 1Q loss | |
| | |
|
HAMILTON, Bermuda (AP) _ Energy XXI Ltd. (EXXI) on Wednesday reported a fiscal first-quarter loss of $6.4 million.
The Hamilton, Bermuda-based company said it had a loss of 10 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The independent oil and gas company posted revenue of $403.2 million in the period, which also missed Street forecasts. Analysts expected $406.5 million, according to Zacks.
Energy XXI shares have declined 75 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.89, a decline of 76 percent in the last 12 months.
_____
This story was generated by Automated Insights using data from Zacks Investment Research. EXXI stock research report from Zacks.
_____
Keywords:Energy XXI,Earnings Report
|
|
|
Energy XXI
|
|
EXPLORATION STAGE |
CODE : EXXI |
ISIN : BMG100821401 |
CUSIP : G10009101 |
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Energy X X I is a and oil exploration company based in United states of america. Its main exploration property is VERDA RAGEN in USA. Energy X X I is listed in United Kingdom and in United States of America. Its market capitalisation is US$ 370.4 millions as of today (€ 302.0 millions). Its stock quote reached its highest recent level on September 18, 2009 at US$ 9.63, and its lowest recent point on April 15, 2016 at US$ 0.12. Energy X X I has 95 459 002 shares outstanding. |