Energy Xxi [Bermuda] Limited (EXXI) 23.54 $EXXI
Energy XXI and EPL Announce Record Date and Meeting Date for Merger Special Meetings
GlobeNewswire - Mon Apr 14, 3:11PM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) and EPL Oil & Gas, Inc. (NYSE:EPL) today announced each has established a record date of April 21, 2014 and a meeting date of May 30, 2014 for the special meetings of their respective shareholders. At the special meetings, the respective shareholders will vote on the previously announced proposed merger of EXXI with EPL and related matters pursuant to the Agreement and Plan of Merger dated as of March 12, 2014, as amended (the "Merger Agreement"
, by and among EXXI, EPL, Energy XXI Gulf Coast, Inc. ("Gulf Coast", an indirect wholly owned subsidiary of Energy XXI, and Clyde Merger Sub, Inc., a wholly owned subsidiary of Gulf Coast. EXXI and EPL shareholders of record at the close of business on April 21, 2014 will be entitled to receive notice of the applicable special meeting and to vote at such special meeting. The parties currently expect to complete the merger on or about June 3, 2014, subject to satisfaction of the closing conditions, including receipt of EXXI shareholder approval for the proposal to issue EXXI common shares pursuant to the Merger Agreement and the proposal to elect a new Class II director to the EXXI board of directors, as well as EPL stockholder approval for the proposal to adopt the Merger Agreement.
Why is Energy M&A Plunging?
Matt DiLallo, The Motley Fool - Motley Fool - Wed Apr 09, 9:22AM CDT
Photo credit: Devon Energy. Oil and gas companies spent just $33.4 billion on mergers and acquisitions in the first quarter. While that might sound like a lot of money, it's actually 28% lower than the average quarterly M&A activity over the...
Pre-market Equity Watch on the Energy Sector -- Research on National Oilwell Varco, Cameron Intl., Superior Energy Services, and Energy XXI Bermuda
PR Newswire - Mon Apr 07, 10:42AM CDT
On Friday, April 04, 2014, the NASDAQ Composite ended at 4,127.73, down 2.60%, the Dow Jones Industrial Average finished 0.96% lower at 16,412.71, and the S&P 500 closed at 1,865.09, down 1.25%. The losses were broad based as nine out of ten sectors finished the session on a lower note. The S&P 500 Energy Sector Index finished the day at 659.50, down 0.41%, while the same has gained 1.83% in last three months. Investor-Edge has initiated coverage on the following equities: National Oilwell Varco Inc. (NYSE: NOV), Cameron International Corp. (NYSE: CAM), Superior Energy Services Inc. (NYSE: SPN) and Energy XXI Bermuda Ltd (NASDAQ: EXXI). Free technical research on NOV, CAM, SPN and EXXI can be downloaded upon signing up at:
Energy XXI Announces Early Termination of Hart-Scott-Rodino Waiting Period in Connection With Pending Acquisition of EPL Oil & Gas
GlobeNewswire - Mon Apr 07, 6:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced that it and EPL Oil & Gas, Inc. have received early termination of the waiting period under the Hart-Scott-Rodino 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.
Energy XXI (Bermuda) Ltd. Announces Consent Solicitation for 8.250% Senior Notes Due 2018 of EPL Oil & Gas, Inc.
GlobeNewswire - Mon Apr 07, 6:00AM CDT
Energy XXI (Bermuda) Ltd. ("Energy XXI" (Nasdaq:EXXI) (LSE:EXXI) announced it has commenced a consent solicitation with respect to proposed amendments to the indenture governing the 8.250% Senior Notes due 2018 of EPL Oil & Gas, Inc. ("EPL" (CUSIP No. 29270U AN5) (the "Notes", upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated April 7, 2014 (the "Statement".
Energy XXI to Present at IPAA Oil & Gas Investment Symposium
GlobeNewswire - Thu Apr 03, 7:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced Chairman and Chief Executive Officer John Schiller will present at the Independent Petroleum Association of America's Oil and Gas Symposium in New York on Monday, April 7, 2014 at 11:20 a.m. EDT.
Energy XXI: Buying Accretive Growth Whether the Market Likes It or Not
Mark Holder, The Motley Fool - Motley Fool - Sat Mar 29, 3:53PM CDT
A couple of weeks ago, Energy XXI bought EPL Oil & Gas in an accretive deal that initially sent the stock down. The stock has recovered to pre-announcement levels, but the deal suggests a more premium pricing for the stock is due, instead...
INVESTOR ALERT - EPL Oil & Gas, Inc.: The Law Offices of Vincent Wong Investigates the Sale of EPL Oil & Gas, Inc. to Energy XXI
Business Wire - Tue Mar 25, 3:22PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of EPL Oil & Gas, Inc. (NYSE:EPL) ("EPL" in connection with the sale of the Company to Energy XXI (Nasdaq:EXXI).
New Money From Old Fields?
Robert Zimmerman, The Motley Fool - Motley Fool - Tue Mar 25, 8:33AM CDT
A friend of mine has a T-shirt that says "old age and cunning beats youth and vitality every time." I thought of this when reviewing energy companies that focus on mature oil and gas fields rather than finding new fields. Below are three companies...
4 Reasons This Gulf Oil and Gas Producer Might Be a Good Buy
Bob Chandler, The Motley Fool - Motley Fool - Tue Mar 25, 8:11AM CDT
While shares of Energy XXI plummeted after its purchase of EPL Oil & Gas was announced, the selling might have been overdone. Factors related to the merger and a compelling valuation when compared to Freeport-McMoRan Copper & Gold's ...
INVESTOR ALERT - EPL Oil & Gas, Inc.: The Law Offices of Vincent Wong Investigates the Sale of EPL Oil & Gas, Inc. to Energy XXI -- EPL
PR Newswire - Fri Mar 21, 11:58AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of EPL Oil & Gas, Inc. (NYSE: EPL) ("EPL" in connection with the sale of the Company to Energy XXI (Nasdaq: EXXI).
Energy XXI to Present at Howard Weil Energy Conference
GlobeNewswire - Fri Mar 21, 7:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced management will participate in the Howard Weil Energy Conference hosted in New Orleans, March 24-26, 2014.
EPL High Bidder on 21 Leases (92,030 Acres) in Central GOM Lease Sale
GlobeNewswire - Fri Mar 21, 7:00AM CDT
EPL Oil & Gas, Inc. (EPL or the Company) (NYSE:EPL) today announced that it was the high bidder on 21 leases at the Central Gulf of Mexico Lease Sale 231 held Wednesday, March 19, 2014 in New Orleans, Louisiana.
Energy XXI Participates in Central Gulf of Mexico Lease Sale 231
GlobeNewswire - Thu Mar 20, 5:30PM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced it was the apparent high bidder in 10 shallow-water blocks in the Central Gulf of Mexico Lease Sale 231, with a total investment of approximately $2.6 million The bids are subject to approval by the U.S. Bureau of Ocean Energy Management.
INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of EPL Oil & Gas, Inc. of Class Action Against Its Board of Directors in Connection With the Sale of the Company to Energy XXI -- EPL
GlobeNewswire - Thu Mar 20, 12:26PM CDT
Levi & Korsinsky notifies investors of EPL Oil & Gas, Inc. ("EPL" or "the Company" (NYSE:EPL) of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq:EXXI). A complaint was filed in Delaware state court.
Will Dowgrade Hurt EPL Oil And Gas (EPL) Today?
at The Street - Wed Mar 19, 10:26AM CDT
EPL Oil and Gas EPL was downgraded to "hold" from "buy by Brean Capital earlier this week.
Sector Analysis: Energy Stocks -- Research on Cameron Intl., Superior Energy Services, National Oilwell Varco and Energy XXI Bermuda
PR Newswire - Wed Mar 19, 7:14AM CDT
The trading session on Tuesday, March 18, 2014 ended on a positive note as the S&P 500 finished at 1,872.25, up 0.72%; the NASDAQ Composite closed at 4,333.31, up 1.25%; and the Dow Jones Industrial Average finished the session 0.55% higher at 16,336.19. The gains were broad based as nine out of ten sectors posted gains. The S&P 500 Energy Sector Index finished the day at 637.94, up 0.78%, and the same has advanced 1.40% in the last one month. Investor-Edge has initiated coverage on the following equities: Cameron International Corp. (NYSE: CAM), Superior Energy Services Inc. (NYSE: SPN), National Oilwell Varco Inc. (NYSE: NOV) and Energy XXI Bermuda Ltd (NASDAQ: EXXI). Free technical research on CAM, SPN, NOV and EXXI can be downloaded upon signing up at:
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of EPL Oil & Gas, Inc. and Its Board of Directors In Connection With the Sale of the Company to Energy XXI -- EPL
PR Newswire - Tue Mar 18, 3:49PM CDT
Levi & Korsinsky is investigating the Board of Directors of EPL Oil & Gas, Inc. ("EPL" or "the Company" (NYSE: EPL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq: EXXI).
Oil & Gas Stock Roundup: Chevron, Shell Outlines Strategy Update - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Mar 18, 10:14AM CDT
Energy majors Chevron Corp. and Royal Dutch Shell Plc provided a glimpse of their future business strategies.
INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of EPL Oil & Gas, Inc. and Its Board of Directors In Connection With the Sale of the Company to Energy XXI
Business Wire - Mon Mar 17, 10:49AM CDT
Levi & Korsinsky is investigating the Board of Directors of EPL Oil & Gas, Inc. ("EPL" or "the Company" (NYSE:EPL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq: EXXI).
Energy XXI and EPL Announce Record Date and Meeting Date for Merger Special Meetings
GlobeNewswire - Mon Apr 14, 3:11PM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) and EPL Oil & Gas, Inc. (NYSE:EPL) today announced each has established a record date of April 21, 2014 and a meeting date of May 30, 2014 for the special meetings of their respective shareholders. At the special meetings, the respective shareholders will vote on the previously announced proposed merger of EXXI with EPL and related matters pursuant to the Agreement and Plan of Merger dated as of March 12, 2014, as amended (the "Merger Agreement"
, by and among EXXI, EPL, Energy XXI Gulf Coast, Inc. ("Gulf Coast", an indirect wholly owned subsidiary of Energy XXI, and Clyde Merger Sub, Inc., a wholly owned subsidiary of Gulf Coast. EXXI and EPL shareholders of record at the close of business on April 21, 2014 will be entitled to receive notice of the applicable special meeting and to vote at such special meeting. The parties currently expect to complete the merger on or about June 3, 2014, subject to satisfaction of the closing conditions, including receipt of EXXI shareholder approval for the proposal to issue EXXI common shares pursuant to the Merger Agreement and the proposal to elect a new Class II director to the EXXI board of directors, as well as EPL stockholder approval for the proposal to adopt the Merger Agreement. Why is Energy M&A Plunging?
Matt DiLallo, The Motley Fool - Motley Fool - Wed Apr 09, 9:22AM CDT
Photo credit: Devon Energy. Oil and gas companies spent just $33.4 billion on mergers and acquisitions in the first quarter. While that might sound like a lot of money, it's actually 28% lower than the average quarterly M&A activity over the...
Pre-market Equity Watch on the Energy Sector -- Research on National Oilwell Varco, Cameron Intl., Superior Energy Services, and Energy XXI Bermuda
PR Newswire - Mon Apr 07, 10:42AM CDT
On Friday, April 04, 2014, the NASDAQ Composite ended at 4,127.73, down 2.60%, the Dow Jones Industrial Average finished 0.96% lower at 16,412.71, and the S&P 500 closed at 1,865.09, down 1.25%. The losses were broad based as nine out of ten sectors finished the session on a lower note. The S&P 500 Energy Sector Index finished the day at 659.50, down 0.41%, while the same has gained 1.83% in last three months. Investor-Edge has initiated coverage on the following equities: National Oilwell Varco Inc. (NYSE: NOV), Cameron International Corp. (NYSE: CAM), Superior Energy Services Inc. (NYSE: SPN) and Energy XXI Bermuda Ltd (NASDAQ: EXXI). Free technical research on NOV, CAM, SPN and EXXI can be downloaded upon signing up at:
Energy XXI Announces Early Termination of Hart-Scott-Rodino Waiting Period in Connection With Pending Acquisition of EPL Oil & Gas
GlobeNewswire - Mon Apr 07, 6:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced that it and EPL Oil & Gas, Inc. have received early termination of the waiting period under the Hart-Scott-Rodino 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.
Energy XXI (Bermuda) Ltd. Announces Consent Solicitation for 8.250% Senior Notes Due 2018 of EPL Oil & Gas, Inc.
GlobeNewswire - Mon Apr 07, 6:00AM CDT
Energy XXI (Bermuda) Ltd. ("Energy XXI"
(Nasdaq:EXXI) (LSE:EXXI) announced it has commenced a consent solicitation with respect to proposed amendments to the indenture governing the 8.250% Senior Notes due 2018 of EPL Oil & Gas, Inc. ("EPL" (CUSIP No. 29270U AN5) (the "Notes", upon the terms and subject to the conditions set forth in the Consent Solicitation Statement dated April 7, 2014 (the "Statement". Energy XXI to Present at IPAA Oil & Gas Investment Symposium
GlobeNewswire - Thu Apr 03, 7:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced Chairman and Chief Executive Officer John Schiller will present at the Independent Petroleum Association of America's Oil and Gas Symposium in New York on Monday, April 7, 2014 at 11:20 a.m. EDT.
Energy XXI: Buying Accretive Growth Whether the Market Likes It or Not
Mark Holder, The Motley Fool - Motley Fool - Sat Mar 29, 3:53PM CDT
A couple of weeks ago, Energy XXI bought EPL Oil & Gas in an accretive deal that initially sent the stock down. The stock has recovered to pre-announcement levels, but the deal suggests a more premium pricing for the stock is due, instead...
INVESTOR ALERT - EPL Oil & Gas, Inc.: The Law Offices of Vincent Wong Investigates the Sale of EPL Oil & Gas, Inc. to Energy XXI
Business Wire - Tue Mar 25, 3:22PM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of EPL Oil & Gas, Inc. (NYSE:EPL) ("EPL"
in connection with the sale of the Company to Energy XXI (Nasdaq:EXXI). New Money From Old Fields?
Robert Zimmerman, The Motley Fool - Motley Fool - Tue Mar 25, 8:33AM CDT
A friend of mine has a T-shirt that says "old age and cunning beats youth and vitality every time." I thought of this when reviewing energy companies that focus on mature oil and gas fields rather than finding new fields. Below are three companies...
4 Reasons This Gulf Oil and Gas Producer Might Be a Good Buy
Bob Chandler, The Motley Fool - Motley Fool - Tue Mar 25, 8:11AM CDT
While shares of Energy XXI plummeted after its purchase of EPL Oil & Gas was announced, the selling might have been overdone. Factors related to the merger and a compelling valuation when compared to Freeport-McMoRan Copper & Gold's ...
INVESTOR ALERT - EPL Oil & Gas, Inc.: The Law Offices of Vincent Wong Investigates the Sale of EPL Oil & Gas, Inc. to Energy XXI -- EPL
PR Newswire - Fri Mar 21, 11:58AM CDT
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of EPL Oil & Gas, Inc. (NYSE: EPL) ("EPL"
in connection with the sale of the Company to Energy XXI (Nasdaq: EXXI). Energy XXI to Present at Howard Weil Energy Conference
GlobeNewswire - Fri Mar 21, 7:00AM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced management will participate in the Howard Weil Energy Conference hosted in New Orleans, March 24-26, 2014.
EPL High Bidder on 21 Leases (92,030 Acres) in Central GOM Lease Sale
GlobeNewswire - Fri Mar 21, 7:00AM CDT
EPL Oil & Gas, Inc. (EPL or the Company) (NYSE:EPL) today announced that it was the high bidder on 21 leases at the Central Gulf of Mexico Lease Sale 231 held Wednesday, March 19, 2014 in New Orleans, Louisiana.
Energy XXI Participates in Central Gulf of Mexico Lease Sale 231
GlobeNewswire - Thu Mar 20, 5:30PM CDT
Energy XXI (Nasdaq:EXXI) (LSE:EXXI) today announced it was the apparent high bidder in 10 shallow-water blocks in the Central Gulf of Mexico Lease Sale 231, with a total investment of approximately $2.6 million The bids are subject to approval by the U.S. Bureau of Ocean Energy Management.
INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of EPL Oil & Gas, Inc. of Class Action Against Its Board of Directors in Connection With the Sale of the Company to Energy XXI -- EPL
GlobeNewswire - Thu Mar 20, 12:26PM CDT
Levi & Korsinsky notifies investors of EPL Oil & Gas, Inc. ("EPL" or "the Company"
(NYSE:EPL) of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq:EXXI). A complaint was filed in Delaware state court. Will Dowgrade Hurt EPL Oil And Gas (EPL) Today?
at The Street - Wed Mar 19, 10:26AM CDT
EPL Oil and Gas EPL was downgraded to "hold" from "buy by Brean Capital earlier this week.
Sector Analysis: Energy Stocks -- Research on Cameron Intl., Superior Energy Services, National Oilwell Varco and Energy XXI Bermuda
PR Newswire - Wed Mar 19, 7:14AM CDT
The trading session on Tuesday, March 18, 2014 ended on a positive note as the S&P 500 finished at 1,872.25, up 0.72%; the NASDAQ Composite closed at 4,333.31, up 1.25%; and the Dow Jones Industrial Average finished the session 0.55% higher at 16,336.19. The gains were broad based as nine out of ten sectors posted gains. The S&P 500 Energy Sector Index finished the day at 637.94, up 0.78%, and the same has advanced 1.40% in the last one month. Investor-Edge has initiated coverage on the following equities: Cameron International Corp. (NYSE: CAM), Superior Energy Services Inc. (NYSE: SPN), National Oilwell Varco Inc. (NYSE: NOV) and Energy XXI Bermuda Ltd (NASDAQ: EXXI). Free technical research on CAM, SPN, NOV and EXXI can be downloaded upon signing up at:
INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of EPL Oil & Gas, Inc. and Its Board of Directors In Connection With the Sale of the Company to Energy XXI -- EPL
PR Newswire - Tue Mar 18, 3:49PM CDT
Levi & Korsinsky is investigating the Board of Directors of EPL Oil & Gas, Inc. ("EPL" or "the Company"
(NYSE: EPL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq: EXXI). Oil & Gas Stock Roundup: Chevron, Shell Outlines Strategy Update - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Mar 18, 10:14AM CDT
Energy majors Chevron Corp. and Royal Dutch Shell Plc provided a glimpse of their future business strategies.
INVESTOR ALERT: LEVI & KORSINSKY, LLP Announces Investigation of EPL Oil & Gas, Inc. and Its Board of Directors In Connection With the Sale of the Company to Energy XXI
Business Wire - Mon Mar 17, 10:49AM CDT
Levi & Korsinsky is investigating the Board of Directors of EPL Oil & Gas, Inc. ("EPL" or "the Company"
(NYSE:EPL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Energy XXI ("XXI" (Nasdaq: EXXI). 
