Energy XXI EPS of $0.72, misses on revenues


Energy XXI (EXXI): FQ4 EPS of $0.72 may not be comparable to consensus of $0.46.

Revenue of $314.3M misses by $1.68M. (PR)

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Comments (2)
  • Michael Fitzsimmons
    , contributor
    Comments (11012) | Send Message
     
    I was looking for 50k boe/day but google finance is showing the stock up 4.9% after hours. Perhaps that is due to the Java and Monte Carlo results:

     

    "The Java well at Main Pass 61 (WI 100% / 78% NRI) was drilled to 9,676 feet MD/ 7,148 feet TVD and brought online in late July 2013 producing 1,400 Bbl/d of oil and 1,600 Mcf/d of natural gas, gross, with flowing tubing pressure of 400 psi from the J-6 sand. The Monte Carlo 2 well, spud in late July 2013, was drilled to 8,521 feet MD/ 7,129 feet TVD, encountering 43 feet of net pay in the J-6 sand. The well has been successfully completed and currently is being brought online."

     

    comments anyone?
    20 Aug 2013, 04:36 PM Reply Like
  • Michael Fitzsimmons
    , contributor
    Comments (11012) | Send Message
     
    Well I guess they did blow away estimates by $0.26....
    20 Aug 2013, 05:03 PM Reply Like
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