Energen Corp (EGN) Files Form 4 Insider Buying : Magnus James Gorrie Buys 1,000 Shares

Energen Corp (EGN): Magnus James Gorrie , director of Energen Corp purchased 1,000 shares on Jun 24, 2016. The Insider buying transaction was reported by the company on Jun 24, 2016 to the Securities and Exchange Commission. The shares were purchased at $47.26 per share for a total value of $47,260.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 23, 2016, Alan A Kleier (director) purchased 500 shares at $48.60 per share price.On Feb 25, 2016, Stephen A Snider (director) purchased 4,000 shares at $25.05 per share price.Also, On Sep 8, 2015, Magnus James Gorrie (director) purchased 1,000 shares at $49.54 per share price.On Jun 24, 2015, William G Hargett (director) purchased 500 shares at $68.88 per share price.

Shares of Energen Corporation (EGN) ended Friday, Jun 24, 2016 session in red amid volatile trading. The shares closed down -3.33 points or -6.68% at $46.52 with 14,17,520 shares getting traded. Post opening the session at $47.1, the shares hit an intraday low of $46.15 and an intraday high of $48.08 and the price vacillated in this range throughout the day. The company has a market cap of $4,516 M and the number of outstanding shares has been calculated to be 9,70,69,395 shares. The 52-week high of Energen Corporation is $69.8582 and the 52-week low is $20.76.

Energen Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Energen Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 52 from a previous price target of $50 .The Rating was issued on Jun 22, 2016.Energen Corporation is Reiterated by Wunderlich to Buy and the brokerage firm has raised the Price Target to $ 55 from a previous price target of $53 .The Rating was issued on Jun 21, 2016.Energen Corporation is Reiterated by RBC Capital Mkts to Sector Perform and the brokerage firm has raised the Price Target to $ 48 from a previous price target of $43 .The Rating was issued on Jun 21, 2016.Energen Corporation is Reiterated by Credit Suisse to Outperform and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $48 .The Rating was issued on Jun 21, 2016.Energen Corporation is Initiated by Barclays to Equal Weight and the brokerage firm has set the Price Target at $50. The Rating was issued on Jun 21, 2016.

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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