Energen Corporation (NYSE:EGN) target price raised to $66.00, reported today by KeyBanc Capital Markets
- Updated: September 17, 2016
Energen Corporation (NYSE:EGN) had its estimated target price raised to $66 by KeyBanc Capital Markets in a report announced Monday August 22 2016. The updated target price suggests a potential upside of 0.21% based on the bussiness’ last closing price.
On 8/16/2016, Barclays Capital released a statement about Energen Corporation(NYSE:EGN) raised the target price from $52.00 to $60.00 that indicated a possible upside of 0.12%.
Having a price of $54.40, Energen Corporation (NYSE:EGN) traded 0.99% higher on the day. With the last close up 18.10% relative to the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has registered a 50-day moving average of $53.62 and two hundred day average of $44.73. 1,674,157 shares of Energen Corporation were exchanged, up from ann average trading volume of 1,225,600
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With a market cap of $0.0, Energen Corporation has a P/E of 0 with a 52 week low of $20.76 and a 52 week high of $61.98.
A total of 26 brokerages have issued a research note on EGN. Two firms rate the company a strong buy, 14 analysts rate the company a buy, 11 firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 brokeragesrate the company as sell with a 12-month target stock price of $53.81
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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