Teachers Advisors LLC lessened its holdings in shares of Energen Corporation (NYSE:EGN) by 0.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 716,277 shares of the oil and gas producer’s stock after selling 3,421 shares during the quarter. Teachers Advisors LLC owned about 0.74% of Energen Corporation worth $35,363,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the company. Teacher Retirement System of Texas lifted its position in shares of Energen Corporation by 1.4% during the first quarter. Teacher Retirement System of Texas now owns 7,761 shares of the oil and gas producer’s stock worth $423,000 after purchasing an additional 110 shares in the last quarter. World Asset Management Inc lifted its position in shares of Energen Corporation by 1.8% during the first quarter. World Asset Management Inc now owns 6,588 shares of the oil and gas producer’s stock worth $359,000 after purchasing an additional 114 shares in the last quarter. Utah Retirement Systems lifted its position in shares of Energen Corporation by 1.1% during the second quarter. Utah Retirement Systems now owns 17,822 shares of the oil and gas producer’s stock worth $880,000 after purchasing an additional 200 shares in the last quarter. Creative Planning lifted its position in shares of Energen Corporation by 8.0% during the second quarter. Creative Planning now owns 3,390 shares of the oil and gas producer’s stock worth $167,000 after purchasing an additional 250 shares in the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Energen Corporation by 0.6% during the first quarter. PNC Financial Services Group Inc. now owns 47,789 shares of the oil and gas producer’s stock worth $2,601,000 after purchasing an additional 273 shares in the last quarter. 94.01% of the stock is currently owned by institutional investors and hedge funds.

Shares of Energen Corporation (EGN) opened at 52.81 on Tuesday. Energen Corporation has a 12-month low of $46.16 and a 12-month high of $64.44. The firm’s 50-day moving average is $50.57 and its 200-day moving average is $52.02. The firm has a market cap of $5.13 billion, a PE ratio of 83.56 and a beta of 1.94.

Energen Corporation (NYSE:EGN) last announced its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.06. Energen Corporation had a negative return on equity of 1.74% and a net margin of 7.75%. The company had revenue of $256.82 million for the quarter, compared to analyst estimates of $222.60 million. During the same period in the prior year, the company posted ($0.28) EPS. Energen Corporation’s quarterly revenue was up 142.8% on a year-over-year basis. Equities analysts expect that Energen Corporation will post $0.40 earnings per share for the current fiscal year.

Several brokerages have recently issued reports on EGN. Barclays PLC set a $57.00 price target on shares of Energen Corporation and gave the stock a “hold” rating in a research report on Tuesday, August 15th. ValuEngine raised shares of Energen Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Williams Capital set a $76.00 price target on shares of Energen Corporation and gave the stock a “buy” rating in a research report on Tuesday, August 8th. Citigroup Inc. reduced their price target on shares of Energen Corporation from $58.00 to $56.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 15th. Finally, BMO Capital Markets set a $60.00 price target on shares of Energen Corporation and gave the stock a “hold” rating in a research report on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $65.48.

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In other Energen Corporation news, Director Alan A. Kleier bought 1,000 shares of the business’s stock in a transaction on Friday, June 23rd. The shares were bought at an average cost of $47.59 per share, with a total value of $47,590.00. Following the transaction, the director now directly owns 1,500 shares in the company, valued at approximately $71,385. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.00% of the company’s stock.

Energen Corporation 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.

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

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