By: Benzinga
Miller Tabak Reiterates Buy on Energy XXI on Reduced Production Estimate
In a report published Wednesday, Miller Tabak analyst Adam Michael reiterated a Buy rating and $46.00 price target on Energy XXI (Bermuda) Limited (NASDAQ: EXXI ). In the report, Michael noted, “Energy XXI announced current production of 46,000 Boe/d (30,000 oil) and said Q3 should average 44,000 Boe/d (29,000 oil).
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