| Energy XXI reports 2Q loss | |
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HAMILTON, Bermuda (AP) _ Energy XXI Ltd. (EXXI) on Monday reported a fiscal second-quarter loss of $373.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of $4.01. Losses, adjusted for non-recurring costs, came to 35 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.
The independent oil and gas company posted revenue of $357.8 million in the period, also missing Street forecasts. Analysts expected $397.3 million, according to Zacks.
The company's shares closed at $3.81. A year ago, they were trading at $21.44.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXXI at http://www.zacks.com/ap/EXXI
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Keywords: Energy XXI, Earnings Report
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Energy XXI
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EXPLORATION STAGE |
CODE : EXXI |
ISIN : BMG100821401 |
CUSIP : G10009101 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Energy X X I is a and oil exploration company based in United states of america. Its main exploration property is VERDA RAGEN in USA. Energy X X I is listed in United Kingdom and in United States of America. Its market capitalisation is US$ 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. |