Wells Fargo & Company MN Buys New Holdings in Energy XXI Gulf Coast, Inc. (EXXI)

Wells Fargo & Company MN bought a new stake in Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 22,194 shares of the oil and gas producer’s stock, valued at approximately $412,000. Wells Fargo & Company MN owned about 0.07% of Energy XXI Gulf Coast as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in the company. Legal & General Group Plc acquired a new position in shares of Energy XXI Gulf Coast during the second quarter worth about $138,000. Strs Ohio acquired a new position in shares of Energy XXI Gulf Coast during the second quarter worth about $159,000. JPMorgan Chase & Co. acquired a new position in shares of Energy XXI Gulf Coast during the second quarter worth about $537,000. Rhumbline Advisers acquired a new position in shares of Energy XXI Gulf Coast during the second quarter worth about $631,000. Finally, Cigna Investments Inc. New increased its stake in shares of Energy XXI Gulf Coast by 1.1% during the second quarter. Cigna Investments Inc. New now owns 36,856 shares of the oil and gas producer’s stock worth $684,000 after acquiring an additional 416 shares during the period. 79.00% of the stock is owned by institutional investors and hedge funds.

Energy XXI Gulf Coast, Inc. (EXXI) opened at $5.49 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.53 and a quick ratio of 1.53. Energy XXI Gulf Coast, Inc. has a 1 year low of $5.32 and a 1 year high of $35.96.

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Energy XXI Gulf Coast 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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Institutional Ownership by Quarter for Energy XXI Gulf Coast (NASDAQ:EXXI)

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