Energen Corporation s trend and data analysis indicates that the stock price has dropped -12.26% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -9.46% . Looking at the past 52 week period, the stock price is up at 53.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Energen Corporation has a positive value of 26.83 compared to overall market.Energen Corporation is having a Relative Strength Index of 46.94 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Energen Corporation (NYSE:EGN) rallied by 3% during the past week but lost 5.74% on a 4-week basis. The company has outperformed the S&P 500 by 2.75% in the past week but underperformed the index by 6.81% in the last 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. Energen Corporation (NYSE:EGN) : On Friday heightened volatility was witnessed in Energen Corporation (NYSE:EGN) which led to swings in the share price. The stock opened for trading at $51.68 and hit $52.44 on the upside , eventually ending the session at $52.26, with a gain of 1.44% or 0.74 points. The heightened volatility saw the trading volume jump to 1,599,429 shares. The 52-week high of the share price is $64.435 and the company has a market cap of $5,079 million. The 52-week low of the share price is at $31.73 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Energen Corporation was Upgraded by Argus to Buy on Feb 24, 2017.
Company has reported several Insider transactions to the SEC, on Feb 16, 2017, John S Richardson (President of Subsidiary) sold 3,733 shares at 57.11 per share price.On Feb 16, 2017, J T Mcmanus (Chairman and CEO) sold 16,662 shares at 57.10 per share price.On Jun 27, 2016, Magnus James Gorrie (director) purchased 1,000 shares at 47.26 per share price.
Energen Corporation Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.27 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $-0.23. The company had revenue of $114.50 million for the quarter, compared to analysts expectations of $154.64 million. The companys revenue was down -40.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.27 EPS.
ENERGEN CORP is a diversified energy holding company engaged in natural gas distribution and oil and natural gas exploration and production activities. The Corporations utility subsidiary, Alabama Gas Corporation, is the largest natural gas distribution utility in the State of Alabama. The Corporations oil and gas exploration and production activities are conducted by its subsidiary, Taurus Exploration, Inc. and its subsidiary.