Iberia Capital Downgrades Energy XXI To Sector Perform

Analysts at Iberia Capital downgraded Energy XXI (Bermuda)

from Outperform to Sector Perform, according to Bloomberg. Energy XXI (Bermuda) shares have dropped 76.69% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period. Energy XXI shares fell 13.11% to $5.50 in pre-market trading.