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Enter Symbol:
 
ENERGY XXI LTD (EXXI) [hlAlert]

Rating:
Outperform
EXXI
down 93.44 %

ENERGY XXI LTD (EXXI) rated Outperform with price target $28 by BMO Capital Markets

Posted on: Friday,  May 23, 2014  12:00 AM ET by BMO Capital Markets

BMO Capital Markets rated Outperform ENERGY XXI LTD (NASDAQ: EXXI) on 05/23/2014. Previously BMO Capital Markets rated Buy ENERGY XXI LTD (NASDAQ: EXXI)
on 10/25/2007., when the stock price was $26.10. Since then, ENERGY XXI LTD has lost 93.45% as of 09/11/2015's recent price of $1.71.
If you would have followed the previous BMO Capital Markets's recommendation on EXXI, you would have lost 93.44% of your investment in 2878 days.

Energy XXI (Bermuda) Limited (Energy XXI) is an independent oil and natural gas exploration and production company. The Company is engaged in the acquisition, exploration, development and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. As of June 30, 2009, its total proved reserves were 53.1 million barrels of oil equivalent (MMBOE) of which 58% were oil and 64% were classified as proved developed. The Company operated or had an interest in 274 producing wells on 148,784 net developed acres, including interests in 56 producing fields. Its wholly-owned subsidiary is Energy XXI Gulf Coast, Inc. The Company?s properties include Marlin, Castex, Pogo properties and Castex Energy. As of June 30, 2009, the Company completed three acquisitions of oil and natural gas properties.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2014 12:00 AM Buy
None
21.42 28.00
as of 10/17/2014
1 Week down  -3.41 %
1 Month down  -47.63 %
3 Months down  -63.05 %
1 YTD down  -71.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/23/2008 9:25 AM Buy
None
24.05 55.00
10/25/2007 11:25 AM Buy
None
26.10 35.00

(*) Stock Price at the time of the recommendation.
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