Energy XXI Gulf Coast (EXXI) Stock Price Up -0.2%

Energy XXI Gulf Coast Inc (NASDAQ:EXXI) shares rose 0.2% during mid-day trading on Tuesday . The stock traded as high as $6.28 and last traded at $5.74. Approximately 287,900 shares were traded during trading, an increase of 19% from the average daily volume of 241,984 shares. The stock had previously closed at $5.75.

Separately, ValuEngine cut shares of Energy XXI Gulf Coast from a “sell” rating to a “strong sell” rating in a report on Tuesday, December 5th.

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.38 and a quick ratio of 1.38.

In related news, CEO Douglas E. Brooks bought 25,000 shares of the stock in a transaction on Monday, November 20th. The shares were bought at an average cost of $4.94 per share, for a total transaction of $123,500.00. Following the completion of the transaction, the chief executive officer now owns 10,000 shares of the company’s stock, valued at approximately $49,400. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.08% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Legal & General Group Plc acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $138,000. Strs Ohio acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $159,000. Wells Fargo & Company MN grew its position in Energy XXI Gulf Coast by 46.6% during the third quarter. Wells Fargo & Company MN now owns 32,529 shares of the oil and gas producer’s stock worth $337,000 after buying an additional 10,335 shares during the period. SG Americas Securities LLC acquired a new position in Energy XXI Gulf Coast during the third quarter worth about $109,000. Finally, Goldman Sachs Group Inc. acquired a new position in Energy XXI Gulf Coast during the second quarter worth about $221,000. Institutional investors own 80.56% of the company’s stock.

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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.

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