Sharp Rise In Energy XXI Share Price Shows Why You Must Be There Before The Good News Comes |
July 17, 2013 | July 2013 Bond Updates |
Energy XXi surprised investors with a vigorous increase in its proven reserves a month before its earnings are due to be reported. Management is moving to a Free Cash Flow model with intense focus on creating value of shareholders. It is repurchasing shares and increasing its dividend even as it is working hard to remain a company with principally oil and condensate reserves to bolster its revenue stream. |
View more at: http://www.forbes.com/sites/joanlappin/2013/07/17/sharp-rise-in-energy-xxi-share-price-shows-why-you-must-be-there-before-the-good-news-comes/ |
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