Shares of Energen Corporation (EGN) Sees Large Inflow of Net Money Flow

Energen Corporation (EGN) : Fridays money flow indicated an uptick to downtick ratio was at 1.19. The total value of inflow transactions on upticks was $8.31 million, whereas, the total value of outflow trades on downticks was $6.97 million. The total money flow was $1.33 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.6 million. The total value of the trades done on upticks was $0.6 million. Energen Corporation (EGN) was trading with a -0.08% change over previous days close. It fell $0.04 during the day and reached $47.63. The stock was -3.25% compared to the previous weeks close.


Energen Corporation (EGN) stock is expected to deviate a maximum of $5.15 from the average target price of $55.59 for the short term period. 17 Street Experts have initiated coverage on the stock with the most promising target being $65 and the most muted being $48.

Energen Corporation (NYSE:EGN): On Fridays trading session , Opening price of the stock was $47.98 with an intraday high of $48.0492. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $47.0111. However, the stock managed to close at $47.47, a loss of 0.42% for the day. On the previous day, the stock had closed at $47.67. The total traded volume of the day was 1,074,333 shares.

In a related news,The Director Officer (Chairman And Ceo) of ENERGEN CORP, Mcmanus J T sold 15,000 shares at $48.05 on June 30, 2016. The Insider selling transaction had a total value worth of $720,750. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Energen Corporation (Energen) is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. The Company has 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 billion barrels of oil-equivalent contingent resources. These all-domestic reserves and resources are located primarily in the Permian Basin in west Texas. Energen also has operations in the San Juan Basin in northern New Mexico.

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