Energen (NYSE:EGN) stock price target upped to $66.00, reported earlier today by Canaccord
- Updated: September 19, 2016
Stating a possible upside of 0.25%, Canaccord upped the estimated target of Energen (NYSE:EGN) to $66.
Just yesterday Energen (NYSE:EGN) traded 0.00% even at $52.83. Energen’s 50-day moving average is $53.62 and its two hundred day moving average is $44.73. With the last stock price up 18.10% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 0 shares of the stock were exchanged, down from ann average trading volume of 1,225,600.
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With a market capitalization of $0.0, Energen has a P/E of 0 with a 52 week low of $20.76 and a one-year high of $61.98.
Also covering Energen’s target price, a total of 26 equity analysts have released a ratings update on EGN. The 12-month target stock price is $53.81 with two firms rating the company a strong buy, 14 firms rating the company a buy, 11 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 brokeragesrating the company as sell.
General Information About Energen (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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