Energy XXI Declares Quarterly Preferred Stock Dividends
HOUSTON�May 17, 2011�Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced its Board of Directors declared a $1.8125 per share quarterly dividend on its shares of 7.25% Convertible Perpetual Preferred Stock, which have a face value of $100 per share, and a $3.5156 per share quarterly dividend on its shares of 5.625% Convertible Perpetual Preferred Stock, which have a face value of $250 per share.
Dividends on both issues will be paid in cash on Wednesday, June 15, 2011 to the holders of record on Wednesday, June 1, 2011. The company currently has 96,500 shares of its 7.25% Convertible Perpetual Preferred Stock outstanding and 1.13 million shares of its 5.625% Convertible Perpetual Preferred Stock outstanding.
About the Company
Energy XXI is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company�s properties are located in the U.S. Gulf of Mexico waters and the Gulf Coast onshore. Seymour Pierce is Energy XXI�s listing broker in the United Kingdom. To learn more, visit the Energy XXI website at www.EnergyXXI.com.
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Energy XXI
1021 Main Street One City Centre
Houston, TX 77002
US .
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Energy XXI
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EXPLORATEUR |
CODE : EXXI |
ISIN : BMG100821401 |
CUSIP : G10009101 |
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Energy X X I est une société d’exploration minière et de pétrole basée aux Etats-Unis D'Amerique. Son principal projet en exploration est VERDA RAGEN en USA. Energy X X I est cotée au Royaume-Uni et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 370,4 millions US$ (302,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 18 septembre 2009 à 9,63 US$, et son plus bas niveau récent le 15 avril 2016 à 0,12 US$. Energy X X I possède 95 459 002 actions en circulation. |