2,570K shares changed hands in the last trading session. Shares saw a steep increase in trading volume of 536.34% over the normal average daily volume.
Investors are a little more bearish on Energy Xxi Ltd of late as inferred by the motion in short interest. The firm saw a rise in short interest of 2.43% as of October 13, 2017 from the last reporting period. Short interest increased 41,661 over that period. With short interest at 1,753,777 and short average daily volume at 130,644, days to cover is 13.0 and the percentage of shorted shares was 0.00% on October 13.
The company is unchanged from yesterday’s close of 2.80.
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. As of December 31, 2016 total proved reserves were 121.9 million barrels of oil equivalents (MMBOE) of which 78% were crude oil. The Company operated in 616 gross producing wells on 439,294 net developed acres, including interests in 57 producing fields. The Company?s projects include Main Pass Complex, West Delta, Ship Shoal, Grand Isle and South Timbalier..