Energen Corporation (EGN) : Traders are bullish on Energen Corporation (EGN) as it has outperformed the S&P 500 by a wide margin of 20.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.59%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.92% in the last 1 week, and is up 20.14% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 8.06% and the fifty day Moving Average is 15.06%. Energen Corp. is up 20.06% in the last three month period. Year-to-Date the stock performance stands at 38.86%.
Energen Corporation (EGN) : Average target price received by Energen Corporation (EGN) is $60.53 with an expected standard deviation of $4.64. The most aggressive target on the stock is $67, whereas the most downbeat target is $50. 15 financial analysts are currently covering the stock.
Energen Corporation (NYSE:EGN): stock turned positive on Friday. Though the stock opened at $56.82, the bulls momentum made the stock top out at $58.22 level for the day. The stock recorded a low of $56.29 and closed the trading day at $56.92, in the green by 0.69%. The total traded volume for the day was 784,294. The stock had closed at $56.53 in the previous days trading.
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.