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Stock Market & Financial Investment News

News Breaks
April 7, 2014
07:09 EDTEPL, EXXIEnergy XXI, EPL Oil & Gas announce early termination of HSR waiting period
Energy XXI (EXXI) announced that it and EPL Oil & Gas (EPL) have received early termination of the waiting period under the Hart-Scott-Rodino, or HSR, Antitrust Improvements Act of 1976, as amended, in connection with Energy XXI's pending acquisition of EPL. The early termination of the waiting period under the Hart-Scott-Rodino Act satisfies one of the conditions for consummation of the transaction.
News For EXXI;EPL From The Last 14 Days
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March 23, 2015
09:52 EDTEXXIEnergy XXI sees Q3 production 58,000-62,000 BOE/d
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09:52 EDTEXXIEnergy XXI lowers 2015 capex view to $640M-$660M
Energy XXI projected FY15 capex of $640M-$660M in slides for its presentation at the Howard Weil energy conference. On February 9, the company had estimated total FY15 capital program to range from $670M-$690M. Energy XXI still sees FY15 production 57,000-61,000 BOE/d. The company said it is pursuing asset monetization for midstream and non-core E&P and that for the combined GoM divestiture with M21K that bids have been received and negotiations are underway with potential buyers. Says annualized savings approaching $170M.
March 20, 2015
05:49 EDTEXXIStocks with implied volatility movement; EXXI FXCM
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