Energen Corporation Company Profile (NYSE:EGN)

About Energen Corporation (NYSE:EGN)

Energen Corporation logoEnergen Corporation 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. Its operations are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. The Company 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. As of December 31, 2016, oil, natural gas liquids and natural gas represented approximately 60%, 20% and 20% of its reserves. As of December 31, 2016, its development activities added approximately 327 million barrels of oil equivalent (MMBOE) of reserves from the drilling of 623 gross development, exploratory and service wells and 73 well recompletions and pay-adds.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Exploration and Production
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:EGN
  • CUSIP: 29265N10
  • Web: www.energen.com
Capitalization:
  • Market Cap: $5.11937 billion
  • Outstanding Shares: 97,197,000
Average Prices:
  • 50 Day Moving Avg: $52.97
  • 200 Day Moving Avg: $52.26
  • 52 Week Range: $46.16 - $64.43
P/E:
  • Trailing P/E Ratio: 83.34
  • Foreward P/E Ratio: 33.34
  • P/E Growth: 4.43
Sales & Book Value:
  • Annual Revenue: $686.19 million
  • Price / Sales: 7.46
  • Book Value: $32.82 per share
  • Price / Book: 1.60
Profitability:
  • EBITDA: $493.74 million
  • Net Margins: 7.75%
  • Return on Equity: -1.74%
  • Return on Assets: -1.19%
Debt:
  • Debt-to-Equity Ratio: 0.21%
  • Current Ratio: 0.61%
  • Quick Ratio: 0.54%
Misc:
  • Average Volume: 1.29 million shs.
  • Beta: 1.95
  • Short Ratio: 2.8
 

Frequently Asked Questions for Energen Corporation (NYSE:EGN)

What is Energen Corporation's stock symbol?

Energen Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "EGN."

How were Energen Corporation's earnings last quarter?

Energen Corporation (NYSE:EGN) announced its quarterly earnings results on Tuesday, August, 8th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.06. The firm had revenue of $256.82 million for the quarter, compared to the consensus estimate of $222.60 million. Energen Corporation had a net margin of 7.75% and a negative return on equity of 1.74%. The company's revenue for the quarter was up 142.8% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.28) earnings per share. View Energen Corporation's Earnings History.

When will Energen Corporation make its next earnings announcement?

Energen Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Energen Corporation.

Where is Energen Corporation's stock going? Where will Energen Corporation's stock price be in 2017?

26 equities research analysts have issued 12-month target prices for Energen Corporation's shares. Their predictions range from $46.00 to $83.00. On average, they expect Energen Corporation's stock price to reach $66.00 in the next year. View Analyst Ratings for Energen Corporation.

What are analysts saying about Energen Corporation stock?

Here are some recent quotes from research analysts about Energen Corporation stock:

  • 1. According to Zacks Investment Research, "ENERGEN CORP is a diversified energy holding company engaged in natural gas distribution and oil and natural gas exploration and production activities. The Corporation's utility subsidiary, Alabama Gas Corporation, is the largest natural gas distribution utility in the State of Alabama. The Corporation's oil and gas exploration and production activities are conducted by its subsidiary, Taurus Exploration, Inc. and its subsidiary. " (10/12/2017)
  • 2. Credit Suisse Group analysts commented, "We reiterate our Outperform rating and raise our TP to $75 (from $70) following investor meetings with Energen management last week in NYC, where we came away incrementally positive on the company’s near-term growth prospects as it prepares to complete ~60 DUC wells in 1H17. EGN is poised for a big uptick on the capital productivity front in 2017, with 98%+ working interest, long-lateral DUCs and the capital program baking in third generation completion costs but second generation production uplift." (11/22/2016)

Who are some of Energen Corporation's key competitors?

Who are Energen Corporation's key executives?

Energen Corporation's management team includes the folowing people:

  • James T. McManus II, Chairman of the Board, President, Chief Executive Officer
  • Charles W. Porter Jr., Vice President, Chief Financial Officer and Treasurer of the Company and Alabama Gas Corp.
  • David A. Godsey, Senior Vice President – Exploration and Geology of Energen Resources
  • John S. Richardson, President, Chief Operating Officer of Energen Resources Corporation
  • John David Woodruff Jr., Vice President, General Counsel, Secretary of the Company and Alabama Gas Corp.
  • Russell E. Lynch Jr., Vice President, Controller
  • Lori A. Lancaster, Director
  • Kenneth W. Dewey, Independent Director
  • Magnus James Gorrie, Independent Director
  • Jay F. Grinney, Independent Director

Who owns Energen Corporation stock?

Energen Corporation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include CORVEX MANAGEMENT LP (10.10%), CORVEX MANAGEMENT LP (10.10%), CORVEX MANAGEMENT LP (9.80%), State Treasurer State of Michigan (0.04%) and Shell Asset Management Co. (0.01%). Company insiders that own Energen Corporation stock include Alan A Kleier, Charles W Porter, J T Mcmanus, John S Richardson, Magnus James Gorrie and Stephen A Snider. View Institutional Ownership Trends for Energen Corporation.

Who sold Energen Corporation stock? Who is selling Energen Corporation stock?

Energen Corporation's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Energen Corporation stock in the last year include Charles W Porter, J T Mcmanus and John S Richardson. View Insider Buying and Selling for Energen Corporation.

Who bought Energen Corporation stock? Who is buying Energen Corporation stock?

Energen Corporation's stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co.. Company insiders that have bought Energen Corporation stock in the last two years include Alan A Kleier, Magnus James Gorrie and Stephen A Snider. View Insider Buying and Selling for Energen Corporation.

How do I buy Energen Corporation stock?

Shares of Energen Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Energen Corporation's stock price today?

One share of Energen Corporation stock can currently be purchased for approximately $52.67.


MarketBeat Community Rating for Energen Corporation (NYSE EGN)
Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  530 (Vote Outperform)
Underperform Votes:  353 (Vote Underperform)
Total Votes:  883
MarketBeat's community ratings are surveys of what our community members think about Energen Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Energen Corporation (NYSE:EGN) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 10 Hold Ratings, 16 Buy Ratings
Consensus Rating:Buy (Score: 2.62)
Consensus Price Target: $66.00 (25.31% upside)
Consensus Price Target History for Energen Corporation (NYSE:EGN)
Price Target History for Energen Corporation (NYSE:EGN)
Analysts' Ratings History for Energen Corporation (NYSE:EGN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Bank of America CorporationInitiated CoverageNeutralN/AView Rating Details
10/13/2017Citigroup Inc.Boost Price TargetNeutral$56.00 -> $57.00N/AView Rating Details
10/11/2017Barclays PLCBoost Price TargetEqual Weight$57.00 -> $61.00N/AView Rating Details
10/10/2017BMO Capital MarketsSet Price TargetHold$60.00N/AView Rating Details
10/9/2017Jefferies Group LLCInitiated CoverageBuy$68.00N/AView Rating Details
10/5/2017Stifel NicolausSet Price TargetBuy$80.00N/AView Rating Details
10/2/2017SunTrust Banks, Inc.Reiterated RatingBuy$70.00LowView Rating Details
9/29/2017MizuhoReiterated RatingBuy$69.00LowView Rating Details
8/31/2017Morgan StanleyBoost Price TargetEqual Weight$52.00 -> $56.00HighView Rating Details
8/22/2017Imperial CapitalInitiated CoverageOutperform$61.00LowView Rating Details
8/11/2017Seaport Global SecuritiesUpgradeSell -> Neutral$38.00 -> $46.00LowView Rating Details
8/8/2017Williams CapitalSet Price TargetBuy$76.00MediumView Rating Details
7/20/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$60.00 -> $53.00MediumView Rating Details
6/30/2017ScotiabankReiterated RatingBuy$56.00LowView Rating Details
6/21/2017WunderlichReiterated RatingBuy$83.00HighView Rating Details
6/15/2017Wolfe ResearchInitiated CoverageMarket Perform$60.00HighView Rating Details
6/2/2017Royal Bank Of CanadaSet Price TargetHold$65.00LowView Rating Details
6/2/2017Credit Suisse GroupReiterated RatingOutperform$73.00LowView Rating Details
3/7/2017Deutsche Bank AGLower Price TargetHold$64.00 -> $62.00N/AView Rating Details
2/24/2017ArgusUpgradeHold -> BuyN/AView Rating Details
2/2/2017Canaccord GenuityReiterated RatingBuy$72.00N/AView Rating Details
12/21/2016Drexel HamiltonReiterated RatingBuy$71.00N/AView Rating Details
12/13/2016Iberia CapitalSet Price TargetBuy$81.00N/AView Rating Details
11/7/2016NomuraReiterated RatingBuy$65.00N/AView Rating Details
11/7/2016KLR GroupUpgradeAccumulate -> Buy$69.00 -> $73.00N/AView Rating Details
11/4/2016StephensUpgradeEqual Weight -> OverweightN/AView Rating Details
9/16/2016Tudor PickeringUpgradeHold -> BuyN/AView Rating Details
8/22/2016KeyCorpBoost Price TargetOverweight$63.00 -> $66.00N/AView Rating Details
5/11/2016Susquehanna Bancshares IncUpgradeNeutral -> Positive$50.00N/AView Rating Details
5/6/2016Topeka Capital MarketsBoost Price TargetBuy$35.00 -> $52.00N/AView Rating Details
2/16/2016Sterne Agee CRTReiterated RatingBuy$46.00 -> $36.00N/AView Rating Details
2/16/2016Johnson RiceDowngradeBuy -> AccumulateN/AView Rating Details
1/11/2016Cowen and CompanyUpgradeMarket Perform -> Outperform$50.00N/AView Rating Details
1/5/2016Evercore ISIDowngradeBuy -> Hold$65.00 -> $55.00N/AView Rating Details
11/30/2015Howard WeilBoost Price TargetSector Outperform$68.00 -> $70.00N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Energen Corporation (NYSE:EGN)
Earnings by Quarter for Energen Corporation (NYSE:EGN)
Earnings History by Quarter for Energen Corporation (NYSE EGN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.15N/AView Earnings Details
8/8/2017Q2 2017$0.06$0.06$222.60 million$256.82 millionViewListenView Earnings Details
5/4/2017Q1 2017($0.12)($0.13)$166.69 million$240.90 millionViewListenView Earnings Details
2/9/2017Q416($0.23)($0.27)$156.01 million$114.52 millionViewListenView Earnings Details
11/3/2016Q3($0.26)($0.22)$159.82 million$184.39 millionViewListenView Earnings Details
8/8/2016Q216($0.37)($0.28)$144.31 million$105.80 millionViewListenView Earnings Details
5/5/2016Q116($0.66)($0.64)$123.80 million$122.76 millionViewListenView Earnings Details
2/11/2016Q415$0.38$0.27$313.31 million$192.80 millionViewListenView Earnings Details
11/5/2015Q3$0.27$0.36$276.60 million$295.57 millionViewListenView Earnings Details
8/6/2015Q2$0.22$0.10$273.68 million$168.30 millionViewListenView Earnings Details
5/6/2015Q115$0.07$0.05$252.20 million$189.80 millionViewListenView Earnings Details
2/12/2015Q414$0.49$0.56$358.10 million$286.70 millionViewListenView Earnings Details
10/30/2014Q314$0.48$0.62$323.12 million$497.76 millionViewListenView Earnings Details
7/30/2014Q214$0.52$0.48$351.22 million$355.85 millionViewListenView Earnings Details
4/30/2014Q114$1.23$1.05$567.11 million$561.18 millionViewListenView Earnings Details
10/30/2013Q313$0.61$0.47$426.10 million$320.40 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.62$0.66$404.95 million$490.06 millionViewListenView Earnings Details
4/29/2013Q1 2013$1.21$1.14$520.20 million$492.68 millionViewListenView Earnings Details
1/23/2013Q4 2012$0.76$0.87$433.04 millionViewListenView Earnings Details
10/24/2012$0.60$0.44ViewN/AView Earnings Details
7/25/2012$0.63$0.73ViewN/AView Earnings Details
4/25/2012$1.18$1.33ViewN/AView Earnings Details
1/25/2012$0.97$0.98ViewN/AView Earnings Details
10/26/2011$0.74$0.75ViewN/AView Earnings Details
7/27/2011$0.76$0.87ViewN/AView Earnings Details
4/27/2011$1.38$1.30ViewN/AView Earnings Details
1/26/2011$1.08$1.11ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Energen Corporation (NYSE:EGN)
2017 EPS Consensus Estimate: $0.36
2018 EPS Consensus Estimate: $1.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($0.19)($0.06)($0.12)
Q2 20175$0.02$0.12$0.06
Q3 20177$0.05$0.18$0.13
Q4 20177$0.19$0.36$0.30
Q1 20185$0.01$0.46$0.26
Q2 20185$0.01$0.48$0.28
Q3 20185$0.17$0.56$0.37
Q4 20185$0.18$1.00$0.50
Q1 20192$0.61$0.77$0.69
Q2 20191$0.62$0.62$0.62
Q3 20191$0.63$0.63$0.63
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Energen Corporation (NYSE:EGN)
Most Recent Dividend:12/1/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Energen Corporation (NYSE:EGN)

Dividend History by Quarter for Energen Corporation (NYSE EGN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/30/2015quarterly$0.020.14%11/10/201511/13/201512/1/2015
7/31/2015quarterly$0.020.15%8/12/20158/14/20159/1/2015
4/30/2015quarterly$0.020.11%5/13/20155/15/20156/1/2015
2/10/2015quarterly$0.020.12%2/19/20152/23/20153/2/2015
10/22/2014quarterly$0.020.13%11/12/201411/14/201412/1/2014
7/23/2014quarterly$0.150.67%8/13/20148/15/20149/2/2014
4/23/2014quarterly$0.150.74%5/13/20145/15/20146/2/2014
1/22/2014quarterly$0.150.84%2/12/20142/14/20143/3/2014
10/23/2013quarterly$0.150.7%11/13/201311/15/201312/2/2013
7/24/2013quarterly$0.151.03%8/13/20138/15/20139/3/2013
4/24/2013quarterly$0.151.22%5/13/20135/15/20136/3/2013
1/23/2013quarterly$0.151.2%2/13/20132/15/20133/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Energen Corporation (NYSE:EGN)
Insider Ownership Percentage: 1.00%
Institutional Ownership Percentage: 94.01%
Insider Trades by Quarter for Energen Corporation (NYSE:EGN)
Institutional Ownership by Quarter for Energen Corporation (NYSE:EGN)
Insider Trades by Quarter for Energen Corporation (NYSE:EGN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
6/23/2017Alan A KleierDirectorBuy1,000$47.59$47,590.00View SEC Filing  
3/29/2017Charles W. PorterVPSell6,000$54.60$327,600.00View SEC Filing  
3/17/2017John S. RichardsonInsiderSell6,500$52.20$339,300.00View SEC Filing  
2/15/2017J T McmanusChairmanSell16,662$57.10$951,400.20View SEC Filing  
2/15/2017John S. RichardsonInsiderSell3,733$57.11$213,191.63View SEC Filing  
11/9/2016J T McmanusChairmanSell11,781$56.34$663,741.54View SEC Filing  
8/11/2016J T McmanusChairmanSell10,216$52.58$537,157.28View SEC Filing  
6/30/2016J T McmanusCEOSell15,000$48.05$720,750.00View SEC Filing  
6/24/2016Magnus James GorrieDirectorBuy1,000$47.26$47,260.00View SEC Filing  
6/22/2016Alan A KleierDirectorBuy500$48.60$24,300.00View SEC Filing  
2/24/2016Stephen A. SniderDirectorBuy4,000$25.06$100,240.00View SEC Filing  
5/22/2015Daniel Paul SparksSVPSell3,024$69.53$210,258.72View SEC Filing  
5/21/2015Russell E Jr. LynchVPSell1,548$69.39$107,415.72View SEC Filing  
3/30/2015Charles W PorterCFOSell8,156$66.05$538,703.80View SEC Filing  
3/9/2015J David Woodruff JrGeneral CounselSell3,077$66.77$205,451.29View SEC Filing  
2/19/2015J T McmanusCEOSell15,000$69.99$1,049,850.00View SEC Filing  
9/30/2014Frances Powell HawesDirectorBuy340$72.35$24,599.00View SEC Filing  
9/3/2014Judy M MerrittDirectorSell2,955$77.98$230,430.90View SEC Filing  
6/20/2014Charles W PorterCFOSell16,334$90.23$1,473,816.82View SEC Filing  
6/19/2014John S RichardsonInsiderSell5,000$90.07$450,350.00View SEC Filing  
6/18/2014J David Woodruff JrGeneral CounselSell14,000$89.69$1,255,660.00View SEC Filing  
5/19/2014Charles PorterCFOSell16,037$86.04$1,379,823.48View SEC Filing  
5/14/2014Charles PorterCFOSell12,350$85.51$1,056,048.50View SEC Filing  
5/12/2014J McmanusCEOSell32,632$84.54$2,758,709.28View SEC Filing  
5/12/2014Russell Jr. LynchVPSell9,019$84.55$762,556.45View SEC Filing  
5/8/2014D ReynoldsInsiderSell28,150$82.95$2,335,042.50View SEC Filing  
5/7/2014D ReynoldsInsiderSell25,590$81.40$2,083,026.00View SEC Filing  
5/2/2014J McmanusCEOSell60,069$81.81$4,914,244.89View SEC Filing  
9/12/2013J David Woodruff, Jr.General CounselSell2,500$70.76$176,900.00View SEC Filing  
9/4/2013J T McmanusCEOSell6,500$67.73$440,245.00View SEC Filing  
8/2/2013Gary YoungbloodInsiderSell5,000$65.00$325,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Energen Corporation (NYSE:EGN)
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Chart

Energen Corporation (EGN) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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