|Day's Range||18.21 - 19.15|
|52 Week Range||18.21 - 35.96|
|PE Ratio (TTM)||-0.31|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Energy XXI Gulf Coast Inc. (EXXI), which emerged from bankruptcy late last year , announced a recent workforce reduction on June 14. The Houston company cut its total employee count by about 18 percent “to lower its overhead costs and better align its staffing with its current expected operational plans,” according to a press release. The move is expected to save the company about $8 million to $8.5 million annually in general and administrative costs and lease operating expenses.
Houston-based Energy XXI Gulf Coast Inc. has named a new top executive following the company's recent emergence from bankruptcy and ousting of its CEO and founder. Energy XXI Gulf Coast (EXXI) named Douglas Brooks as CEO and president, according to a release . The company's new board ousted CEO John Schiller, Energy XXI's founder, earlier this year and named an interim CEO .
Oil and gas producer Energy XXI Gulf Coast taps former Yates Petroleum CEO Douglas E. Brooks as the new head of its company.