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Energen Corp (EGN.N)

EGN.N on New York Stock Exchange

81.38USD
19 Oct 2018
Change (% chg)

$0.17 (+0.21%)
Prev Close
$81.21
Open
$81.89
Day's High
$82.84
Day's Low
$80.98
Volume
556,427
Avg. Vol
345,541
52-wk High
$89.83
52-wk Low
$47.83

Latest Key Developments (Source: Significant Developments)

Energen Says Carl Icahn Reports Open Market Purchase Of 553,577 Shares Of Co's Common Stock On Aug 8 Price In Range Of $71.3-$71.4/Share
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Energen Corp ::ENERGEN CORP SAYS CARL ICAHN REPORTS OPEN MARKET PURCHASE OF 553,577 SHARES OF CO'S COMMON STOCK ON AUGUST 8 PRICE IN RANGE OF $71.3 TO $71.4 PER SHARE.ENERGEN CORP SAYS CARL ICAHN REPORTS OPEN MARKET PURCHASE OF 3,500 SHARES OF CO'S COMMON STOCK ON AUGUST 9 AT $71.80 PER SHARE.ENERGEN CORP SAYS CARL ICAHN REPORTS OPEN MARKET PURCHASE OF 100,000 SHARES OF CO'S COMMON STOCK ON AUGUST 10 AT $72.34 PER SHARE.  Full Article

Corvex Management Nominates Four Candidates For Board Of Energen Corp
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Energen Corp ::CORVEX MANAGEMENT NOMINATES FOUR HIGHLY-QUALIFIED INDEPENDENT CANDIDATES FOR ELECTION TO THE BOARD OF DIRECTORS OF ENERGEN CORPORATION.‍CORVEX MANAGEMENT SAYS OWNS 9.9% OUTSTANDING SHARES​ OF ENERGEN CORP.  Full Article

Energen enters amendment to credit agreement
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Energen Corp ::Says effective Nov 9, co entered seventh amendment to credit agreement and first amendment to pledge and security agreements‍​.Says amendment changes credit agreement to increase amount of borrowing base from $1.4 billion to $1.7 billion​ - SEC filing.Says ‍amendment changes credit agreement to increase borrowing base to $1.7 billion as result of Oct 1 scheduled redetermination​ - SEC filing.Says ‍aggregate commitment under credit agreement did not change and remains at $1.05 billion​.  Full Article

Energen reports Q3 adj EPS of $0.20
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Energen Corp ::Q3 adjusted earnings per share $0.20 .Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.‍4Q17 production guidance raised 5%​.‍3Q17 production of 81.3 mboepd​.‍Revised CY17 production of 73.2 mboepd is on track to exceed CY16 volumes by 34% (prior estimate was 29%)​.Q3 oil production grew 9% from 2q17.​.‍4Q17 production estimate raised for all commodities​.‍YOY growth in 4Q exit rate is now estimated to be 60%​.Expect gen 3 multi-zone pattern wells to continue driving production growth moving forward​.Raised its production guidance for 2017 by 4 percent to 73.2 mboepd​.Now expects 4Q17 volumes to reach 85.7 mboepd for an increase of 60 percent from same period a year ago​.Qtrly ‍​ total revenues $191.504 million versus $184.385 million.Qtrly GAAP net loss per share from all operations $0.19.Q3 earnings per share view $0.16, revenue view $242.9 million -- Thomson Reuters I/B/E/S.  Full Article

Energen reports Q3 adjusted loss per share of $0.20
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Energen Corp ::Q3 adjusted loss per share $0.20.Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.4Q17 production guidance raised 5 percent.‍3Q17 production of 81.3 Mboepd​.Revised CY17 production of 73.2 Mboepd is on track to exceed CY16 volumes by 34 percent (prior estimate was 29 percent)​.Q3 oil production grew 9 percent from 2Q17.‍4Q17 production estimate raised for all commodities​.YoY growth in 4Q exit rate is now estimated to be 60 percent​.Expect Gen 3 multi-zone pattern wells to continue driving production growth moving forward​.Raised its production guidance for 2017 by 4 percent to 73.2 Mboepd​.Now expects 4Q17 volumes to reach 85.7 Mboepd for an increase of 60 percent from same period a year ago​.Qtrly ‍​total revenues $191.504 million versus $184.385 million.Qtrly GAAP net loss per share from all operations $0.19.Q3 earnings per share view $0.16, revenue view $242.9 million -- Thomson Reuters I/B/E/S.  Full Article

Energen says ‍court ruled that Corvex will not be able to call special meeting to expand co's board
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Energen Corp :Energen says ‍court ruled that Corvex management will not be able to call special meeting of shareholders to expand co's board - SEC filing.  Full Article

RPT-U.S. oil producers lock-in 2019, 2020 revenue as prices rally

NEW YORK, Sept 13 U.S. shale producers are locking in prices for their production as much as three years into the future in a sign that strong domestic crude pricing is nearing a peak, according to market sources familiar with money flows.