Home Sectors Energy Present Movement: Energen Corporation (NYSE: EGN)

Present Movement: Energen Corporation (NYSE: EGN)

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Energen Corporation is part of the oil and gas exploration and production industry and is part of the energy sector. The company CEO is James T. Mcmanus. Energen Corp is a domestic oil and gas exploration and production company. Its reserves are in the Permian basin of west Texas and San Juan Basin in New Mexico.

Previous Intraday Trading Performance:

The EGN stock showed a previous change of 2.11% with an open at 70.50 and a close of 72.12. It reached an intraday high of 73.51 and a low of 70.50.

SeekingAlpha:  Permian’s Delaware Basin 2x bigger than Midland, USGS survey says

Liquidity:

The stock has a market cap of $7.0b with 97.5m shares outstanding, of which the float is 96.8m shares. Trading volume reached 3,418,138 shares compared to its average volume of 1,206,364 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Energen Corporation shares returned 6.89% and in the past 30 trading days it returned -11.19%. Over three months, it changed -6.42%. In one year it has changed 31.70% and within that year its 52-week high was 89.83 and its 52-week low was 47.81. EGN stock is 50.85% above its 52 Week Low.

Our calculations show a 200 day moving average of 69.69 and a 50 day moving average of 77.69. Currently EGN stock is trading 3.49% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Time To Put Halcon Out Of Its Misery

Earnings:

The last annual fiscal EPS for the company was reported at 3.14 that ended on 31st of December 2017, which according to the previous close, that is a PE of 22.97. Based on 10 analyst estimates, the consensus EPS for the next quarter is 0.85. The TTM EPS is 3.17, which comes to a TTM PE of 22.75.

Below was the last reported quarterly diluted earnings per share:

3rdQtr of 2018 (Reported on 11/06/2018): -0.27
2ndQtr of 2018 (Reported on 08/07/2018): 0.70
1stQtr of 2018 (Reported on 05/08/2018): 1.22
4thQtr of 2017 (Reported on 02/20/2018): 2.69
3rdQtr of 2017 (Reported on 11/08/2017): -0.19

Indicators to Watch:

Based on the latest filings, there is 0.70% of insider ownership and 147.10% of institutional ownership. Short-interest was 3,036,280, which was 3.11% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.82. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.54.

SeekingAlpha:  Time To Put Halcon Out Of Its Misery

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.48%, return on assets is 8.00%, profit margin is 29.10%, price-to-sales is 4.84 and price-to-book is 1.95.

Company Scores:

All scores are out of six:
 2  :Valuation Score
 3  :Past Performance Score
 4  :Financial Strength Score
 5  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.