Energen Corporation (NYSE:EGN) Buy Rating Reconfirmed Today By Williams Capital; The Price Objective Given is $76.00

June 20, 2017 - By Dolores Ford

 Energen Corporation (NYSE:EGN) Buy Rating Reconfirmed Today By Williams Capital; The Price Objective Given is $76.00

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.09, from 1.09 in 2016Q3. It increased, as 29 investors sold Energen Corporation shares while 89 reduced holdings. 44 funds opened positions while 95 raised stakes. 88.25 million shares or 1.00% less from 89.14 million shares in 2016Q3 were reported.

Steadfast Advisors L P, a New York-based fund reported 69,713 shares. 300 are held by Glenmede Tru Na. Florida-based Raymond James Na has invested 0.02% in Energen Corporation (NYSE:EGN). Zwj Counsel reported 3,500 shares stake. M&T Comml Bank invested in 0% or 8,642 shares. Trust Comm Of Vermont reported 2,093 shares. Welch Group Inc Limited reported 35,774 shares. Clough Partners Ltd Partnership invested 0.22% in Energen Corporation (NYSE:EGN). Gemmer Asset Mgmt Ltd Liability stated it has 137 shares or 0% of all its holdings. Dekabank Deutsche Girozentrale holds 0% or 2,400 shares. Neuberger Berman Group Ltd Liability invested in 0% or 6,189 shares. Reilly Limited Company reported 0% of its portfolio in Energen Corporation (NYSE:EGN). 17,622 were accumulated by Utah Retirement. Cibc Ww Mkts Corp stated it has 187,547 shares. Blackrock Grp Inc Ltd holds 0.01% or 366,601 shares.

Since February 15, 2017, it had 0 insider purchases, and 4 selling transactions for $1.83 million activity. $951,400 worth of Energen Corporation (NYSE:EGN) was sold by MCMANUS J T. $213,192 worth of stock was sold by Richardson John S on Wednesday, February 15. $327,600 worth of Energen Corporation (NYSE:EGN) was sold by Porter Charles W on Wednesday, March 29.

Energen Corporation (NYSE:EGN) Rating Reaffirmed

New York: In analysts report revealed to investors and clients on Tuesday morning, Williams Capital maintained their Buy rating on Energen Corporation (NYSE:EGN) shares. They now have a $76.00 PT on the firm. Williams Capital’s target indicates a potential upside of 46.58 % from the company’s last price.

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.09, from 1.09 in 2016Q3. It increased, as 29 investors sold Energen Corporation shares while 89 reduced holdings. 44 funds opened positions while 95 raised stakes. 88.25 million shares or 1.00% less from 89.14 million shares in 2016Q3 were reported.

Steadfast Advisors L P, a New York-based fund reported 69,713 shares. 300 are held by Glenmede Tru Na. Florida-based Raymond James Na has invested 0.02% in Energen Corporation (NYSE:EGN). Zwj Counsel reported 3,500 shares stake. M&T Comml Bank invested in 0% or 8,642 shares. Trust Comm Of Vermont reported 2,093 shares. Welch Group Inc Limited reported 35,774 shares. Clough Partners Ltd Partnership invested 0.22% in Energen Corporation (NYSE:EGN). Gemmer Asset Mgmt Ltd Liability stated it has 137 shares or 0% of all its holdings. Dekabank Deutsche Girozentrale holds 0% or 2,400 shares. Neuberger Berman Group Ltd Liability invested in 0% or 6,189 shares. Reilly Limited Company reported 0% of its portfolio in Energen Corporation (NYSE:EGN). 17,622 were accumulated by Utah Retirement. Cibc Ww Mkts Corp stated it has 187,547 shares. Blackrock Grp Inc Ltd holds 0.01% or 366,601 shares.

Since February 15, 2017, it had 0 insider purchases, and 4 selling transactions for $1.83 million activity. $951,400 worth of Energen Corporation (NYSE:EGN) was sold by MCMANUS J T. $213,192 worth of stock was sold by Richardson John S on Wednesday, February 15. $327,600 worth of Energen Corporation (NYSE:EGN) was sold by Porter Charles W on Wednesday, March 29.

Energen Corporation (NYSE:EGN) Ratings Coverage

Among 30 analysts covering Energen Corporation (NYSE:EGN), 21 have Buy rating, 0 Sell and 9 Hold. Therefore 70% are positive. Energen Corporation has $85 highest and $30 lowest target. $59.38’s average target is 18.81% above currents $49.98 stock price. Energen Corporation had 74 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, June 21 the stock rating was initiated by Barclays Capital with “Equal-Weight”. The rating was maintained by Wunderlich on Thursday, October 6 with “Buy”. The firm has “Buy” rating by Sterne Agee CRT given on Tuesday, February 16. The stock of Energen Corporation (NYSE:EGN) earned “Buy” rating by UBS on Thursday, March 23. As per Thursday, October 15, the company rating was maintained by Topeka Capital Markets. The firm earned “Buy” rating on Monday, May 29 by Stifel Nicolaus. The rating was initiated by Susquehanna on Friday, October 30 with “Neutral”. The firm has “Neutral” rating given on Tuesday, December 15 by UBS. The stock of Energen Corporation (NYSE:EGN) earned “Hold” rating by BMO Capital Markets on Thursday, March 23. As per Monday, November 30, the company rating was maintained by Howard Weil.

About 60,325 shares traded. Energen Corporation (NYSE:EGN) has risen 35.21% since June 20, 2016 and is uptrending. It has outperformed by 18.51% the S&P500.

Energen Corporation is an oil and natural gas exploration and production company. The company has market cap of $4.85 billion. The Firm is engaged in the exploration, development and production of oil and natural gas properties and natural gas. It has a 70.85 P/E ratio. The Company’s activities are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico.

More news for Energen Corporation (NYSE:EGN) were recently published by: Seekingalpha.com, which released: “Energen up as Corvex reports 5.5% active stake” on May 31, 2017. Businesswire.com‘s article titled: “Energen Raises 2017 Production Guidance on Strength of Gen 3 Frac Performance” and published on June 19, 2017 is yet another important article.

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