Energen Corporation (EGN) has risen sharply, recording gains of 2.04% in the past 4 weeks. However, the stock has corrected -3.58% in the past 1 week, providing a good buying opportunity on dips. Energen Corporation (EGN) : During the past 4 weeks, traders have been relatively bearish on Energen Corporation (EGN), hence the stock is down -4.41% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -4.16% relative to the S&P 500.
Energen Corporation (NYSE:EGN): The stock opened at $47.98 on Friday but the bulls could not build on the opening and the stock topped out at $48.05 for the day. The stock traded down to $47.01 during the day, due to lack of any buying support eventually closed down at $47.47 with a loss of -0.42% for the day. The stock had closed at $47.67 on the previous day. The total traded volume was 1,074,333 shares.
The stock has recorded a 20-day Moving Average of 0.48% and the 50-Day Moving Average is 1.21%. Energen Corp. is up 14.25% in the last 3-month period. Year-to-Date the stock performance stands at 15.81%.
Energen Corporation (Energen) is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. The Company has 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 billion barrels of oil-equivalent contingent resources. These all-domestic reserves and resources are located primarily in the Permian Basin in west Texas. Energen also has operations in the San Juan Basin in northern New Mexico.