NEW YORK ( TheStreet) -- Energy XXI (Nasdaq: EXXI) hit a new 52-week low Monday as it is currently trading at $20.76, below its previous 52-week low of $20.78 with 1.1 million shares traded as of 2:40 p.m. ET. Average volume has been 1.2 million shares over the past 30 days. Energy XXI has a market cap of $1.7 billion and is part of the basic materials sector and energy industry. Shares are down 22.4% year to date as of the close of trading on Friday. Energy XXI (Bermuda) Limited, together with its subsidiaries, engages in the acquisition, exploration, development, production, and operation of oil and natural gas properties onshore in Louisiana and Texas, and offshore in the Gulf of Mexico. The company has a P/E ratio of 53.7, equal to the average energy industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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