12 Feb 2014substantial holder notice● Neutral
The Vanguard Group reported a Energy XXI Ltd shareholding of 4,356,801 shares (5.74% of votes) in a periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
7 Feb 2014quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $1.9 million for the period ended 2013-12-31.
7 Feb 2014quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $1.9 million for the period ended 2013-12-31.
3 Feb 2014substantial holder notice● Neutral
BlackRock, Inc reported a Energy XXI Ltd shareholding of 4,691,394 shares (6.20% of votes) in a periodic institutional filing.
22 Nov 2013capital raising announcement▲ GoodMajor
Energy XXI raised $400 million (after an over-allotment exercise) through 3.0% convertible senior notes due 2018 - its cheapest financing yet, netting about $390.7 million.
19 Nov 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2014 financial statements required under its senior notes indentures.
30 Oct 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $25.3 million for the period ended 2013-09-30.
29 Oct 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $25.3 million for the period ended 2013-09-30.
27 Sept 2013debt financing▲ GoodMajor
Energy XXI's credit facility borrowing base jumped again, to $1.0875 billion from $850 million, alongside minor technical adjustments to LIBOR loan mechanics.
26 Sept 2013debt financing▲ GoodMajor
Energy XXI Gulf Coast raised $500 million more via 7.50% senior unsecured notes due 2021 - its lowest coupon yet, extending its string of progressively cheaper refinancings.
27 Aug 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2013 annual financial statements required under its senior notes indentures.
20 Aug 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $62.1 million for the period ended 2013-06-30.
28 May 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q3 FY2013 financial statements required under its senior notes indentures.
6 May 2013debt financing▲ Good
Energy XXI's lenders further loosened dividend rules, letting Gulf Coast pay up to $350 million a year up to its parent, subject to liquidity conditions and the separate $70 million-plus-50%-of-cumulative-net-income cap already set in its bond indentures.
6 May 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $40.4 million for the period ended 2013-03-31.
6 May 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $40.4 million for the period ended 2013-03-31.
10 Apr 2013debt financing▲ GoodMajor
Energy XXI's lenders raised total commitments to $1.7 billion and the borrowing base to $850 million, cut interest margins, and extended maturity from December 2014 to April 2018. The amendment also tripled the permitted unsecured debt basket to $750 million from $250 million.
12 Feb 2013substantial holder notice● Neutral
The Vanguard Group disclosed a new substantial Energy XXI Ltd shareholding (5.87% of votes).
12 Feb 2013capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q2 FY2013 financial statements required under its senior notes indentures.
8 Feb 2013substantial holder notice● Neutral
BlackRock, Inc reported a Energy XXI Ltd shareholding of 6,117,922 shares (7.72% of votes) in a periodic institutional filing.
1 Feb 2013substantial holder notice● Neutral
S.A.C. Capital Advisors, L.P, S.A.C. Capital Advisors, Inc, S.A.C. Capital Associates, LLC, Steven A. Cohen disclosed a new substantial Energy XXI Ltd shareholding (5.10% of votes).
31 Jan 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $41.3 million for the period ended 2012-12-31.
31 Jan 2013quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $41.3 million for the period ended 2012-12-31.
15 Nov 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine Q1 FY2013 financial statements required under its senior notes indentures.
7 Nov 2012quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $18.3 million for the period ended 2012-09-30.
7 Nov 2012quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $18.3 million for the period ended 2012-09-30.
15 Oct 2012debt financing▲ GoodMajor
Energy XXI's credit facility borrowing base was raised again, to $825 million, reflecting the growing value of its reserve base.
29 Aug 2012capital raising announcement● Neutral
Energy XXI filed its Gulf Coast subsidiary's routine FY2012 annual financial statements required under its senior notes indentures.
9 Aug 2012quarterly activities report● Neutral
Energy XXI Ltd reported a quarterly net income of $81.2 million for the period ended 2012-06-30.
25 May 2012debt financing● Neutral
Energy XXI's lenders made technical updates to the credit agreement (replacing one lender, easing hedging-finance limits, and further loosening dividend rules) with no change to the borrowing base.