Large Inflow of Money Witnessed in Energen Corporation

Energen Corporation (NYSE:EGN) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $47.62 with a loss of -0.8 points or -1.65%. The net money flow was $2.18 million and the up/down ratio was 1.47. Approximately $6.87 million was the inflow in upticks and $4.69 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of 0.91%.The shares witnessed a block transaction with a net money flow of $2.16 million. The total money in uptick was $2.91 million and in downtick was $0.74 million with the up/down ratio reaching 3.91.


The stock has recorded a 20-day Moving Average of 4.46% and the 50-Day Moving Average is 12.64%. The company shares have dropped 29.67% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $69.86 and one year low was seen on February 12, 2016 at $20.76. The 50-day moving average is $45 and the 200 day moving average is recorded at $38.08. S&P 500 has rallied 1.93% during the last 52-weeks.

Energen Corporation (NYSE:EGN): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.42 and $47.38 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $49.24, notching a gain of 1.69% for the day. The total traded volume was 2,064,850 . The stock had closed at $48.42 on the previous day.

Currently the company Insiders own 1.02% of Energen Corporation shares according to the proxy statements. Institutional Investors own 96.11% of Energen Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 12.62%. On the companys insider trading activities, Snider Stephen A, director of Energen Corp, executed a transaction worth $100,200 on February 23, 2016. A total of 4,000 shares were purchased at an average price of $25.05. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

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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