Energen Corporation (NYSE:EGN) stock price target increased to $66.00, reported today by Canaccord Genuity
- Updated: September 19, 2016
Having a price of $52.83, Energen Corporation (NYSE:EGN) traded 0.00% even on the day. With the last close up 18.10% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. The company has registered a 50-day average of $53.62 and two hundred day average of $44.73. Trade volume was was down over the average, with 0 shares of EGN changing hands under the typical 1,225,600 shares.
Canaccord Genuity bumped the estimated target of Energen Corporation (NYSE:EGN) to $66, stating a possible upside of 0.25%,
In addition to Canaccord Genuity reporting it’s target price, a total of 26 brokerages have issued a research note on the stock. The one year target stock price is $53.81 with two firms rating the company a strong buy, 14 analysts rating the stock a buy, 11 analysts rating the stock a hold, 0 rating the company to underperform, and finally 0 brokerages rating the company as sell.
Energen Corporation has a 52 week low of $20.76 and a one-year high of $61.98 and has a market cap of $0.0.
Brief Synopsis On Energen Corporation (NYSE:EGN)
Energen Corporation (Energen) is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas in the Permian Basin in west Texas and the San Juan Basin in New Mexico. It is focused on increasing its oil, natural gas liquids and natural gas production and proved reserves through active development and/or exploratory programs in the Permian Basin. All of its reserves are located in the Permian Basin in west Texas, and the San Juan Basin in New Mexico. Its development activities have added over 300 million barrels of oil equivalent of reserves from the drilling of approximately 880 gross development, exploratory and service wells (including over one sidetrack well), and over 150 well recompletions and pay-adds. The Company’s operations are conducted through its subsidiary, and Energen Resources Corporation (Energen Resources).
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