Media headlines about Energen Corporation (NYSE:EGN) have been trending somewhat positive on Tuesday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Energen Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave news stories about the oil and gas producer an impact score of 60 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:

Several analysts recently weighed in on EGN shares. Scotiabank reissued a “buy” rating and issued a $64.00 price objective on shares of Energen Corporation in a report on Monday, March 27th. Williams Capital reissued a “buy” rating and issued a $72.00 price objective on shares of Energen Corporation in a report on Friday, May 5th. TheStreet upgraded Energen Corporation from a “d+” rating to a “c-” rating in a research note on Thursday, May 4th. Stifel Nicolaus restated a “buy” rating and issued a $80.00 target price on shares of Energen Corporation in a research note on Thursday, April 13th. Finally, Citigroup Inc. restated a “neutral” rating and issued a $62.00 target price (up from $61.00) on shares of Energen Corporation in a research note on Saturday, April 22nd. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $67.70.

Energen Corporation (NYSE:EGN) traded down 0.12% on Tuesday, hitting $48.22. The company’s stock had a trading volume of 908,607 shares. Energen Corporation has a 1-year low of $43.29 and a 1-year high of $64.43. The company has a market capitalization of $4.69 billion, a P/E ratio of 68.30 and a beta of 1.88. The company has a 50 day moving average price of $54.50 and a 200-day moving average price of $54.82.

Energen Corporation (NYSE:EGN) last announced its quarterly earnings data on Thursday, May 4th. The oil and gas producer reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.01. Energen Corporation had a net margin of 10.69% and a negative return on equity of 2.79%. The business had revenue of $240.90 million during the quarter, compared to the consensus estimate of $166.69 million. During the same period in the previous year, the business posted ($0.64) earnings per share. Energen Corporation’s revenue was up 87.9% compared to the same quarter last year. On average, equities analysts forecast that Energen Corporation will post $0.60 earnings per share for the current fiscal year.

In other Energen Corporation news, Director Alan A. Kleier acquired 1,000 shares of Energen Corporation stock in a transaction on Friday, June 23rd. The shares were purchased at an average cost of $47.59 per share, with a total value of $47,590.00. Following the completion of the purchase, the director now owns 1,500 shares in the company, valued at $71,385. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Charles W. Porter sold 6,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 29th. The shares were sold at an average price of $54.60, for a total transaction of $327,600.00. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.

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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.

Insider Buying and Selling by Quarter for Energen Corporation (NYSE:EGN)

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