Energy XXI Aims To Get Back On Track Shortly |
| May 29, 2013 | May 2013 Bond Updates |
|
Over the last year, Energy XXI has been a dramatic underperformer. Production levels were missed. It drilled a couple of bad wells and oil prices subsided from their peaks of a year or two ago. On the other hand, gas prices have doubled over the last year which helps a little. Little income is derived from gas compared to the huge contribution to cash flow and earnings EXXI derives from being an "oily" company. |
| View more at: http://www.forbes.com/sites/joanlappin/2013/05/29/energy-xxi-aims-to-get-back-on-track-shortly/ |
| Related News |