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Energen Corp (EGN.N)

EGN.N on New York Stock Exchange

68.69USD
23 May 2018
Change (% chg)

$-0.52 (-0.75%)
Prev Close
$69.21
Open
$68.65
Day's High
$69.44
Day's Low
$68.06
Volume
156,759
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269,080
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$71.97
52-wk Low
$46.17

Latest Key Developments (Source: Significant Developments)

Corvex Management Nominates Four Candidates For Board Of Energen Corp
Thursday, 1 Feb 2018 

Jan 31 (Reuters) - Energen Corp ::CORVEX MANAGEMENT NOMINATES FOUR HIGHLY-QUALIFIED INDEPENDENT CANDIDATES FOR ELECTION TO THE BOARD OF DIRECTORS OF ENERGEN CORPORATION.‍CORVEX MANAGEMENT SAYS OWNS 9.9% OUTSTANDING SHARES​ OF ENERGEN CORP.  Full Article

Energen enters amendment to credit agreement
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Energen Corp ::Says effective Nov 9, co entered seventh amendment to credit agreement and first amendment to pledge and security agreements‍​.Says amendment changes credit agreement to increase amount of borrowing base from $1.4 billion to $1.7 billion​ - SEC filing.Says ‍amendment changes credit agreement to increase borrowing base to $1.7 billion as result of Oct 1 scheduled redetermination​ - SEC filing.Says ‍aggregate commitment under credit agreement did not change and remains at $1.05 billion​.  Full Article

Energen reports Q3 adj EPS of $0.20
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Energen Corp ::Q3 adjusted earnings per share $0.20 .Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.‍4Q17 production guidance raised 5%​.‍3Q17 production of 81.3 mboepd​.‍Revised CY17 production of 73.2 mboepd is on track to exceed CY16 volumes by 34% (prior estimate was 29%)​.Q3 oil production grew 9% from 2q17.​.‍4Q17 production estimate raised for all commodities​.‍YOY growth in 4Q exit rate is now estimated to be 60%​.Expect gen 3 multi-zone pattern wells to continue driving production growth moving forward​.Raised its production guidance for 2017 by 4 percent to 73.2 mboepd​.Now expects 4Q17 volumes to reach 85.7 mboepd for an increase of 60 percent from same period a year ago​.Qtrly ‍​ total revenues $191.504 million versus $184.385 million.Qtrly GAAP net loss per share from all operations $0.19.Q3 earnings per share view $0.16, revenue view $242.9 million -- Thomson Reuters I/B/E/S.  Full Article

Energen reports Q3 adjusted loss per share of $0.20
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Energen Corp ::Q3 adjusted loss per share $0.20.Q3 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.4Q17 production guidance raised 5 percent.‍3Q17 production of 81.3 Mboepd​.Revised CY17 production of 73.2 Mboepd is on track to exceed CY16 volumes by 34 percent (prior estimate was 29 percent)​.Q3 oil production grew 9 percent from 2Q17.‍4Q17 production estimate raised for all commodities​.YoY growth in 4Q exit rate is now estimated to be 60 percent​.Expect Gen 3 multi-zone pattern wells to continue driving production growth moving forward​.Raised its production guidance for 2017 by 4 percent to 73.2 Mboepd​.Now expects 4Q17 volumes to reach 85.7 Mboepd for an increase of 60 percent from same period a year ago​.Qtrly ‍​total revenues $191.504 million versus $184.385 million.Qtrly GAAP net loss per share from all operations $0.19.Q3 earnings per share view $0.16, revenue view $242.9 million -- Thomson Reuters I/B/E/S.  Full Article

Energen says ‍court ruled that Corvex will not be able to call special meeting to expand co's board
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Energen Corp :Energen says ‍court ruled that Corvex management will not be able to call special meeting of shareholders to expand co's board - SEC filing.  Full Article

Energen posts Q2 earnings per share $0.38
Tuesday, 9 Aug 2016 

Energen Corp : Energen's 2Q16 production exceeds guidance midpoint by 4 pct . Company sees double-digit production growth potential in 2017 while maintaining strong balance sheet . Production in 2Q16 totaled 56.0 thousand barrels of oil equivalents per day . Qtrly GAAP earnings per share $0.38 . Q2 earnings per share view $-0.34, revenue view $148.4 million -- Thomson Reuters I/B/E/S . Q2 adjusted loss per share $0.28 excluding items .Q2 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.  Full Article

Energen sees 2016 production of 52.7-53.5 mboepd, excluding asset sales
Tuesday, 28 Jun 2016 

Energen Corp : Expects 2016 production of 52.7-53.5 mboepd, excluding asset sales . Expects to build 37-39 net DUCs to be drilled in the Midland Basin and 17-19 net in Delaware Basin . Expects double digit production growth in 2017, if all things remain equal at current levels Further company coverage: [EGN.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

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Corvex, Icahn to mull bid for oil and gas producer Energen

BOSTON Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp , according to a regulatory filing made on Monday.