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ENERGY XXI LTD (EXXI) [hlAlert]

Rating:
Buy EXXI
down 73.57 %

ENERGY XXI LTD (EXXI) upgraded to Buy with price target $12 by Global Hunter Securities

Posted on: Wednesday,  Oct 15, 2014  9:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Buy ENERGY XXI LTD (NASDAQ: EXXI) on 10/15/2014, when the stock price was $6.47.
Since then, ENERGY XXI LTD has lost 73.57% as of 09/11/2015's recent price of $1.71.
If you would have followed this Global Hunter Securities's recommendation on EXXI, you would have lost 73.57% of your investment in 331 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.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2014 9:25 AM Buy
None
6.47 12.00
as of 10/17/2014
1 Week up  17.92 %
1 Month up  17.92 %
3 Months up  17.92 %
1 YTD up  17.92 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/3/2012 9:25 AM Hold
None
34.71 40.00
10/28/2011 10:25 AM Buy
None
31.05 39.00
4/29/2011 9:25 AM Buy
None
36.07 44.00

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