Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $5.71 and last traded at $5.68, with a volume of 1352837 shares trading hands. The stock had previously closed at $8.35.
The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.53 and a current ratio of 1.53.
Institutional investors have recently made changes to their positions in the stock. Hotchkis & Wiley Capital Management LLC grew its stake in Energy XXI Gulf Coast by 33.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 2,696,670 shares of the oil and gas producer’s stock valued at $27,884,000 after purchasing an additional 680,373 shares in the last quarter. Wells Fargo & Company MN grew its stake in Energy XXI Gulf Coast by 46.6% in the third quarter. Wells Fargo & Company MN now owns 32,529 shares of the oil and gas producer’s stock valued at $337,000 after purchasing an additional 10,335 shares in the last quarter. Citadel Advisors LLC bought a new position in Energy XXI Gulf Coast in the third quarter valued at approximately $1,167,000. Dynamic Technology Lab Private Ltd bought a new position in Energy XXI Gulf Coast in the third quarter valued at approximately $868,000. Finally, SG Americas Securities LLC bought a new position in Energy XXI Gulf Coast in the third quarter valued at approximately $109,000. 79.00% of the stock is currently owned by institutional investors and hedge funds.
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Energy XXI Gulf Coast Company Profile
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.
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