Tudor Pickering upgraded Energen Corporation (NYSE:EGN) to Buy in a report released today.
- Updated: September 16, 2016
Boasting a price of $52.31, Energen Corporation (NYSE:EGN) traded 0.21% higher on the day. With the last stock close up 16.91% relative to the two hundred day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. EGN has logged a 50-day moving average of $53.78 and 200-day average of $44.84. Trade volume was was down over the average, with 507,192 shares of EGN changing hands under the typical 1,221,980 shares.
Tudor Pickering has upgraded Energen Corporation(NYSE:EGN) to Buy in a report released 9/16/2016.
A total of 26 equity analysts have released a research note on the stock. Two firms rate the stock a strong buy, 14 firms rate the stock a buy, 11 analyts rate the company a hold, 0 rate the company to underperform, and finally 0 brokeragesrate the stock as sell with a 12-month target price of $53.81
Energen Corporation has a 52 week low of $20.76 and a one-year high of $61.98 . Energen Corporation’s total market value is currently $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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