GainersToday.com
GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
ENERGY XXI LTD (EXXI) [hlAlert]

Rating:
Accumulate
EXXI
down 74.85 %

ENERGY XXI LTD (EXXI) rated Accumulate with price target $4 by SMH Capital

Posted on: Monday,  Nov 17, 2008  9:25 AM ET by SMH Capital

SMH Capital rated Accumulate ENERGY XXI LTD (NASDAQ: EXXI) on 11/17/2008, when the stock price was $6.80. Since
then, ENERGY XXI LTD has lost 74.85% as of 09/11/2015's recent price of $1.71.
If you would have followed this SMH Capital's recommendation on EXXI, you would have lost 74.85% of your investment in 2489 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.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2008 9:25 AM Buy
None
6.80 20.00
as of 12/24/2008
1 Week down  -5.26 %
1 Month up  22.72 %
3 Months down  -31.64 %
1 YTD down  -31.64 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy