Zacks Rating on Energen Corporation (EGN)

Energen Corporation (EGN) : 8 brokerage houses believe that Energen Corporation (EGN) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Energen Corporation (EGN). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 15 Wall Street Analysts endorse the stock as a Buy with a rating of 1.8.

Energen Corporation (EGN) : 15 investment research analysts covering Energen Corporation (EGN) have an average price target of $60.47 for the near short term. The highest target price given by the Brokerage Firm to the stock is $67 and the lowest target is $50 for the short term. Analysts expect the variance to be within $4.56 of the average price.


Shares of Energen Corp. rose by 4.04% in the last five trading days and 25.85% for the last 4 weeks. Energen Corp. is up 24.37% in the last 3-month period. Year-to-Date the stock performance stands at 36.81%. Energen Corporation (NYSE:EGN): stock turned positive on Tuesday. Though the stock opened at $54.58, the bulls momentum made the stock top out at $56.4 level for the day. The stock recorded a low of $54.43 and closed the trading day at $56.08, in the green by 2.26%. The total traded volume for the day was 612,130. The stock had closed at $54.84 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.

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