Energy XXI Turns To Profit In Q2 - Quick Facts

Energy XXI (Bermuda) Ltd. (EXXID, EXXI.L) reported net income available for common stockholders of $16.1 million or $0.46 per share for the second quarter, compared to a net loss of $429.2 million or $14.88 per share (reverse-split-adjusted) in the prior year quarter.

Total revenues for the quarter increased to $124.51 million from $106.85 million in the previous year quarter.

Production grew to 20,900 barrels of oil equivalent per day or BOE/d from 19,200 BOE/d in the year-ago quarter.

by RTTNews Staff Writer

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