Vanguard Group Inc. acquired a new position in Energy XXI Gulf Coast, Inc. (NASDAQ:EXXI) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 988,946 shares of the oil and gas producer’s stock, valued at approximately $18,365,000. Vanguard Group Inc. owned 2.98% of Energy XXI Gulf Coast at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Legal & General Group Plc acquired a new position in Energy XXI Gulf Coast in the second quarter worth $138,000. Strs Ohio acquired a new position in Energy XXI Gulf Coast in the second quarter worth $159,000. Menta Capital LLC acquired a new position in Energy XXI Gulf Coast in the second quarter worth $232,000. Nationwide Fund Advisors acquired a new position in Energy XXI Gulf Coast in the second quarter worth $313,000. Finally, Wells Fargo & Company MN acquired a new position in Energy XXI Gulf Coast in the second quarter worth $412,000. 79.00% of the stock is owned by hedge funds and other institutional investors.

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Energy XXI Gulf Coast, Inc. (EXXI) opened at $5.20 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.38 and a quick ratio of 1.53. Energy XXI Gulf Coast, Inc. has a 1-year low of $4.77 and a 1-year high of $35.96.

Energy XXI Gulf Coast 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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