Mizuho Securities disclosed Energen (NYSE:EGN), boosting its price target to $70.00 earlier today
- Updated: October 5, 2016
Having a price of $58.32, Energen (NYSE:EGN) traded 2.28% higher on the day. With the last stock price up 23.27% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. EGN has recorded a 50-day average of $55.85 and a two hundred day average of $47.31. Trade Volume was down over the average, with 660,966 shares of EGN changing hands under the typical 1,166,120
Reporting a potential upside of 0.20%, Mizuho Securities upped the price target of Energen (NYSE:EGN) to $70.00
Recent Performance Chart
Energen has with a one year low of $20.76 and a one year high of $61.98 and has a total market value of $0.
A total of 26 analysts have released a report on Energen. Two analysts rating the company a strong buy, fourteen analysts rating the company a buy, eleven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $53.81.
More 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, Energen Resources Corporation (Energen Resources).
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