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BRIEF-Energy XXI Gulf Coast reports Q2 loss per share of $0.71
August 11, 2017 / 8:51 AM / 3 months ago

BRIEF-Energy XXI Gulf Coast reports Q2 loss per share of $0.71

Aug 11 (Reuters) - Energy XXI Gulf Coast Inc -

* Energy XXI Gulf Coast announces second quarter 2017 financial and operational results

* Reduced total headcount in Q2 of 2017 by approximately 18 percent

* Produced an average of approximately 36,000 barrels of oil equivalent per day in Q2

* Total revenues for Q2 of 2017 were $143.7 million

* Reduced 2017 capital spending budget to $125 million to $155 million

* Reductions expected to result in $8 million to $8.5 million in annualized cost savings

* Qtrly loss per share $0.71 Source text for Eikon: Further company coverage:

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