Energy XXI - M&A Summary, Ownership, and Business Overview

Oil/gas ExplorationCompany

Energy XXI M&A Summary

Energy XXI has acquired 1 company of its own. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

Energy XXI’s largest acquisition to date was in 2014, when it acquired EPL Oil & Gas for $2.3B. It’s largest disclosed sale occurred in 2015, when it sold Grand Isle Gathering System to CorEnergy Infrastructure Trust for $245M. Energy XXI has acquired in 1 US state. The Company’s most targeted sectors include oil/gas exploration (100%).

Energy XXI Ownership

Who owns Energy XXI?

Energy XXI is owned by Cox Operating. It was acquired on October 11, 2018.

Energy XXI Business Overview

Where is Energy XXI headquartered?

Energy XXI is headquartered in Houston, Texas.

What is Energy XXI’s revenue?

Energy XXI disclosed revenue of 542M USD for 2017 and 615M USD for 2016.

How many employees does Energy XXI have?

Energy XXI has 378 employees.

What sector is Energy XXI in?

Energy XXI is an oil/gas exploration company.

When was Energy XXI founded?

Energy XXI was founded in 2005.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity1
    • M&A Sell Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2
  • M&A Advisors 3

Energy XXI Ltd.

1021 Main Suite 2626,
Houston, Texas 77002
United States,
(713) 351-3000
www.energyxxi.com

Energy XXI Ltd. is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
vol $2.3B $2.3B
Sell (0.0/yr) # 1 - - - - - 1
vol $245M $245M
  2

Most Recent M&A

Company Date Value Type
Grand Isle Gathering System 2015-06-30 245M USD Divestiture
Isle of Man, United Kingdom
EPL Oil & Gas, Inc. 2014-03-12 2.3B USD Add-on Acquisition
New Orleans, Louisiana · www.eplweb.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Oil/Gas Exploration 1 (100%) 2.3B (100%) 1 (100%) 245M (100%)
Total 1 $2.3B 1 $245M

By Geo

State/Country Buy Value Sell Value
United Kingdom - - 1 245M
United States 1 2.3B - -
  Louisiana 1 2.3B - -
Domestic 1 (100%) 2.3B (100%) - -
Cross-border - - 1 (100%) 245M (100%)
Total 1 $2.3B 1 $245M

Top M&A Advisors

Financial Deals
Credit Suisse Investment Banking
1
Citigroup Investment Banking
1
Legal Deals
Vinson & Elkins
1

Deal Values

buy # Total
> $1B 1 $2.3B
TOTAL $2.3B
Largest EPL Oil & Gas, Inc.
$2.3B (2014-03-12)
sell # Total
$100M to $1B 1 $245M
TOTAL $245M
Largest Grand Isle Gathering System
$245M (2015-06-30)

M&A Connections

Deals
Acquired from
Investor(s)
100%
1 (100%)
Divested to
Strategic(s)
100%
1 (100%)

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