Trust Co. of Vermont continued to hold its stake in shares of Energen Corporation (NYSE:EGN) during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,093 shares of the oil and gas producer’s stock at the end of the second quarter. Trust Co. of Vermont’s holdings in Energen Corporation were worth $103,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of EGN. Flinton Capital Management LLC raised its stake in shares of Energen Corporation by 10.8% in the first quarter. Flinton Capital Management LLC now owns 2,944 shares of the oil and gas producer’s stock valued at $160,000 after buying an additional 288 shares during the last quarter. Greenwood Capital Associates LLC bought a new stake in shares of Energen Corporation during the first quarter valued at about $200,000. Investment Counselors of Maryland LLC raised its stake in shares of Energen Corporation by 22.6% in the first quarter. Investment Counselors of Maryland LLC now owns 3,711 shares of the oil and gas producer’s stock valued at $202,000 after buying an additional 685 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake 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. Finally, Meadow Creek Investment Management LLC raised its stake 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. Institutional investors own 95.08% of the company’s stock.

Shares of Energen Corporation (NYSE EGN) opened at 49.49 on Monday. Energen Corporation has a 12-month low of $43.70 and a 12-month high of $64.43. The company has a market capitalization of $4.81 billion, a P/E ratio of 70.10 and a beta of 1.93. The stock’s 50 day moving average is $53.71 and its 200-day moving average is $54.29.

Energen Corporation (NYSE:EGN) last issued its earnings results on Thursday, May 4th. The oil and gas producer reported ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.12) by $0.01. Energen Corporation had a negative return on equity of 2.79% and a net margin of 10.69%. The company had revenue of $240.90 million for the quarter, compared to the consensus estimate of $166.69 million. During the same quarter in the prior year, the company posted ($0.64) EPS. Energen Corporation’s revenue was up 87.9% compared to the same quarter last year. Analysts anticipate that Energen Corporation will post $0.54 earnings per share for the current year.

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EGN has been the subject of a number of recent research reports. Zacks Investment Research upgraded shares of Energen Corporation from a “hold” rating to a “buy” rating and set a $59.00 price objective for the company in a research note on Tuesday, March 21st. BMO Capital Markets reiterated a “hold” rating and issued a $70.00 price objective on shares of Energen Corporation in a research note on Wednesday, March 22nd. UBS AG upgraded shares of Energen Corporation from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $57.00 to $72.00 in a research note on Thursday, March 23rd. Scotiabank reiterated a “buy” rating and issued a $64.00 price objective on shares of Energen Corporation in a research note on Monday, March 27th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a $80.00 price objective on shares of Energen Corporation in a research note on Thursday, April 13th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and sixteen have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $67.19.

In related news, Director Alan A. Kleier bought 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 23rd. The stock was purchased at an average price of $47.59 per share, for a total transaction of $47,590.00. Following the completion of the transaction, the director now owns 1,500 shares in the company, valued at $71,385. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

Energen Corporation Company Profile

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.

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

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