3 Jan 2018director interest notice● Neutral
Energy XXI Gulf Coast, Inc. President and CEO Douglas E Brooks exercised stock options for 24,691 shares and disposed of 31,445 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
3 Jan 2018director interest notice● Neutral
Energy XXI Gulf Coast, Inc. director Charles W Wampler received a stock option grant for 8,796 shares.
3 Jan 2018director interest notice● Neutral
Energy XXI Gulf Coast, Inc. director Michael S Bahorich received a stock option grant for 8,796 shares.
11 Dec 2017substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a Energy XXI Gulf Coast, Inc. shareholding of 7,009,917 shares (21.00% of votes) in a periodic institutional filing.
4 Dec 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. director George Kollitides exercised stock options for 9,833 shares and disposed of 9,833 shares.
22 Nov 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. President, CEO Douglas E Brooks bought 25,000 shares on the open market.
14 Nov 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $115.7 million and a net loss of $35.2 million for the period ended 2017-09-30.
14 Nov 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $115.7 million and a net loss of $35.2 million for the period ended 2017-09-30.
7 Sept 2017director interest notice● Neutral
Tiffany J Thom became a Energy XXI Gulf Coast, Inc. Chief Financial Officer and company insider (initial ownership filing).
14 Aug 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $144.0 million and a net loss of $26.2 million for the period ended 2017-06-30.
11 Aug 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $144.0 million and a net loss of $26.2 million for the period ended 2017-06-30.
14 June 2017production update● Neutral
The company cut headcount by about 18%, with roughly $2.5 million of severance cost in the second quarter of 2017 and annual savings of about $8 million to $8.5 million. It also spud the West Delta 30 L-14 ST2 well (100% working interest, first production expected in the third quarter of 2017) and is due to join the Russell 3000 Index on June 26, 2017. The release says management is still developing a long-term strategic plan and refers to a recent change in senior management.
22 May 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $158.1 million and a net loss of $64.5 million for the period ended 2017-03-31.
22 May 2017quarterly activities report▼ Bad
Energy XXI Gulf Coast, Inc. reported quarterly revenue of $158.1 million and a net loss of $64.5 million for the period ended 2017-03-31.
17 May 2017agm notice● Neutral
Energy XXI Gulf Coast, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 May 2017late filing notice▼ Bad
Energy XXI Gulf Coast, Inc. notified the SEC that its quarterly report would be filed late.
12 May 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. director Steven J Pully exercised stock options for 9,833 shares and disposed of 9,833 shares.
11 May 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. director Stanford Springel received a stock option grant for 12,159 shares.
11 May 2017director interest notice● Neutral
Stanford Springel became a Energy XXI Gulf Coast, Inc. director and company insider (initial ownership filing).
10 May 2017agm notice● Neutral
Energy XXI Gulf Coast, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
19 Apr 2017agm notice● Neutral
Energy XXI Gulf Coast, Inc. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
19 Apr 2017director interest notice● Neutral
Douglas E Brooks became a Energy XXI Gulf Coast, Inc. President, CEO and company insider (initial ownership filing).
19 Apr 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. President, CEO Douglas E Brooks received a stock option grant for 283,796 shares.
17 Apr 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. Chief Operating Officer Scott M Heck received a stock option grant for 15,873 shares.
24 Mar 2017director interest notice● Neutral
Energy XXI Gulf Coast, Inc. Executive VP, Interim CFO, CAO Hugh A Menown received a stock option grant for 51,735 shares.
22 Mar 2017securities registration● Neutral
Energy XXI Gulf Coast, Inc. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
9 Mar 2017auditor change● Neutral
The company dismissed its auditor BDO USA and hired Ernst & Young LLP, approved by the Audit Committee. BDO reported no disagreements; its report for the year ended June 30, 2016 carried a going-concern warning, and its 2015 internal control opinion was adverse because of weaknesses over hedge documentation and the then-CEO's undisclosed potential conflicts of interest. The filing gives no reason for the change.
8 Mar 2017material agreement● Neutral
On March 3, 2017 the company's lenders amended its First Lien Exit Credit Agreement (the exit financing set up on emergence from bankruptcy). The changes reflect the move of its fiscal year end from June 30 to December 31, shift reserve report due dates, drop hedges with non-lender counterparties from the asset value and coverage calculations, and change the mortgage requirement to cover 90% of the PV9% value of proved reserves rather than 90% of total value. No new borrowing or amounts are stated.
3 Mar 2017director interest notice● Neutral
Oaktree Fund Gp I, L.P. became a Energy XXI Gulf Coast, Inc. 10%+ owner and company insider (initial ownership filing).
3 Mar 2017director interest notice● Neutral
Oaktree Capital Group Holdings Gp, LLC became a Energy XXI Gulf Coast, Inc. 10%+ owner and company insider (initial ownership filing).