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Jim Cramer says there are plenty of lessons to be learned by the bankruptcy of Energy XXI.
The Houston oil and gas exploration and production company has reached a deal with its noteholders on the broad strokes of a restructuring plan.
U.S. stock futures suggest a weaker start for Wall Street on Thursday. Asian stocks, however, post strong gains following Singapore's surprise easing of monetary policy.
As Energy XXI, SandRidge Energy and Goodrich Petroleum take steps to correct themselves, even more trouble looms.
Continues to Evaluate Actions to Strengthen Company's Balance Sheet
Poorly timed acquisitions in a weak energy market have killed these Texas-based energy companies.
Trade-Ideas LLC identified Energy XXI (EXXI) as a weak on high relative volume candidate
But already troubled energy producers could see more carnage in 2016, said George Schultze, CEO of Schultze Asset Management.
GM and Fiat are bargains in a choppy market, while already troubled energy producers could see more carnage ahead, said George Schultze, CEO of Schultze Asset Management.
Investors in Energy XXI Ltd. saw new options become available today, for the January 2018 expiration.
Jim Cramer takes viewer questions from the floor of the New York Stock Exchange. He looks at Fitbit's earnings report, which he calls the best beat of 2015, plus more.
Jim Cramer, TheStreet’s portfolio manager for Action Alerts PLUS and host of CNBC’s ‘Mad Money’ said Fitbit’s (FIT) earnings report was the best beat of 2015.
The most recent short interest data has been released by the NASDAQ for the 09/30/2015 settlement date, which shows a 4,949,574 share decrease in total short interest for Energy XXI Ltd. , to 22,147,493, a decrease of 18.27% since 09/15/2015.
Energy XXI (EXXI) stock is rising as oil prices gain.
Trade-Ideas LLC identified Energy XXI (EXXI) as a strong on high relative volume candidate
Energy XXI (EXXI) stock is higher due to the rally in the price of oil today.