Eaton Vance Management held its position in Energen Corporation (NYSE:EGN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,489 shares of the oil and gas producer’s stock at the end of the 2nd quarter. Eaton Vance Management’s holdings in Energen Corporation were worth $863,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EGN. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Energen Corporation by 26.8% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,819 shares of the oil and gas producer’s stock valued at $208,000 after buying an additional 806 shares during the last quarter. World Asset Management Inc lifted its position in shares of Energen Corporation by 1.8% in the first quarter. World Asset Management Inc now owns 6,588 shares of the oil and gas producer’s stock valued at $359,000 after buying an additional 114 shares during the last quarter. Meadow Creek Investment Management LLC lifted its position in shares of Energen Corporation by 10.8% in the first quarter. Meadow Creek Investment Management LLC now owns 4,048 shares of the oil and gas producer’s stock valued at $220,000 after buying an additional 396 shares during the last quarter. Karp Capital Management Corp acquired a new stake in shares of Energen Corporation in the first quarter valued at approximately $627,000. Finally, Sei Investments Co. lifted its position in shares of Energen Corporation by 41.6% in the first quarter. Sei Investments Co. now owns 99,463 shares of the oil and gas producer’s stock valued at $5,415,000 after buying an additional 29,196 shares during the last quarter. 94.01% of the stock is owned by institutional investors.

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Energen Corporation (NYSE:EGN) opened at 53.09 on Friday. The firm has a market capitalization of $5.16 billion, a PE ratio of 84.00 and a beta of 1.94. Energen Corporation has a one year low of $46.16 and a one year high of $64.44. The firm has a 50-day moving average price of $50.55 and a 200 day moving average price of $52.02.

Energen Corporation (NYSE:EGN) last posted its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.06. The firm had revenue of $256.82 million for the quarter, compared to the consensus estimate of $222.60 million. Energen Corporation had a negative return on equity of 1.74% and a net margin of 7.75%. The business’s quarterly revenue was up 142.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.28) earnings per share. Analysts anticipate that Energen Corporation will post $0.39 EPS for the current fiscal year.

A number of analysts have recently issued reports on EGN shares. Zacks Investment Research cut Energen Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Barclays PLC set a $57.00 price objective on Energen Corporation and gave the company a “hold” rating in a research report on Tuesday, August 15th. Citigroup Inc. cut their price objective on Energen Corporation from $58.00 to $56.00 and set a “neutral” rating for the company in a research report on Tuesday, August 15th. Scotiabank reaffirmed a “buy” rating and issued a $56.00 price objective on shares of Energen Corporation in a research report on Friday, June 30th. Finally, Williams Capital raised their price objective on Energen Corporation from $72.00 to $76.00 and gave the company a “buy” rating in a research report on Tuesday, June 20th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and fifteen have issued a buy rating to the company. Energen Corporation currently has a consensus rating of “Hold” and an average price target of $65.48.

About Energen Corporation

Energen Corporation is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas. Its operations 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.

Institutional Ownership by Quarter for Energen Corporation (NYSE:EGN)

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