Bank of New York Mellon Corp boosted its stake in Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) by 99.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 291,677 shares of the oil and gas producer’s stock after purchasing an additional 145,492 shares during the quarter. Bank of New York Mellon Corp owned about 0.88% of Energy XXI Gulf Coast worth $5,416,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in EXXI. Dupont Capital Management Corp boosted its holdings in shares of Energy XXI Gulf Coast by 4.7% during the 2nd quarter. Dupont Capital Management Corp now owns 811,596 shares of the oil and gas producer’s stock valued at $15,071,000 after purchasing an additional 36,800 shares during the last quarter. Rhumbline Advisers purchased a new position in shares of Energy XXI Gulf Coast during the second quarter valued at about $631,000. Schwab Charles Investment Management Inc. bought a new stake in shares of Energy XXI Gulf Coast in the second quarter worth about $2,859,000. Cigna Investments Inc. New increased its holdings in shares of Energy XXI Gulf Coast by 1.1% in the second quarter. Cigna Investments Inc. New now owns 36,856 shares of the oil and gas producer’s stock worth $684,000 after purchasing an additional 416 shares during the last quarter. Finally, Strs Ohio bought a new stake in shares of Energy XXI Gulf Coast in the second quarter worth about $159,000. Institutional investors and hedge funds own 79.93% of the company’s stock.

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Shares of Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) opened at 10.41 on Wednesday. The stock has a 50 day moving average price of $10.36 and a 200 day moving average price of $10.36. Energy XXI Gulf Coast, Inc. has a one year low of $9.79 and a one year high of $35.96. The company’s market capitalization is $345.83 million.

Energy XXI Gulf Coast Company 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.

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

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