Energy XXI Gulf Coast, Inc. Expected to Post Q3 2017 Earnings of ($0.44) Per Share (EXXI)

Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) – Investment analysts at Imperial Capital issued their Q3 2017 EPS estimates for shares of Energy XXI Gulf Coast in a report issued on Thursday. Imperial Capital analyst I. Haas anticipates that the oil and gas producer will earn ($0.44) per share for the quarter. Imperial Capital also issued estimates for Energy XXI Gulf Coast’s Q4 2017 earnings at ($0.37) EPS, FY2017 earnings at ($2.18) EPS, Q1 2018 earnings at ($0.50) EPS, Q2 2018 earnings at ($0.44) EPS, Q3 2018 earnings at ($0.44) EPS, Q4 2018 earnings at ($0.33) EPS and FY2018 earnings at ($1.72) EPS.

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Shares of Energy XXI Gulf Coast (NASDAQ EXXI) opened at 8.55 on Monday. The firm’s market capitalization is $284.04 million. Energy XXI Gulf Coast has a 12-month low of $7.94 and a 12-month high of $35.96. The company’s 50-day moving average price is $9.57 and its 200 day moving average price is $17.77.

A number of institutional investors have recently bought and sold shares of EXXI. Legal & General Group Plc purchased a new position in Energy XXI Gulf Coast in the second quarter valued at approximately $138,000. Strs Ohio purchased a new position in Energy XXI Gulf Coast in the second quarter valued at approximately $159,000. Goldman Sachs Group Inc. purchased a new stake in shares of Energy XXI Gulf Coast during the second quarter worth $221,000. Menta Capital LLC purchased a new stake in shares of Energy XXI Gulf Coast during the second quarter worth $232,000. Finally, Cubist Systematic Strategies LLC purchased a new stake in shares of Energy XXI Gulf Coast during the second quarter worth $235,000. Institutional investors and hedge funds own 79.82% of the company’s stock.

About Energy XXI Gulf Coast

Energy XXI Gulf Coast, Inc (EGC) is an independent oil and natural gas development and production company which was focused on development drilling on the Company’s core properties. The Company’s properties are located in the United States Gulf of Mexico waters and the Gulf Coast onshore. The Company operates nine oilfields on the Gulf of Mexico Shelf.

Earnings History and Estimates for Energy XXI Gulf Coast (NASDAQ:EXXI)

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