Last $78.24 USD
Change Today -0.40 / -0.51%
Volume 592.8K
EGN On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 4:15 PM 08/27/14 All times are local (Market data is delayed by at least 15 minutes).

energen corp (EGN) Key Developments

Energen Corp. Presents at Tuohy Brothers 5th Annual "All-in-One" Energy Conference, Aug-12-2014 08:00 AM

Energen Corp. Presents at Tuohy Brothers 5th Annual "All-in-One" Energy Conference, Aug-12-2014 08:00 AM. Venue: New York, New York, United States.

Energen Corp. Seeks Acquisitions

Energen Corp. (NYSE:EGN) will consider acquisitions. James McManus, Chairman and Chief Executive Officer of Energen Corp. said that they are open to acreage acquisitions.

Energen Corp. Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Production Guidance for the Year 2014; Revises Earnings Guidance for the Year 2014

Energen Corp. reported unaudited consolidated production and earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $270,097,000 against $366,981,000 for the same period last year. Operating income was $3,107,000 against $138,637,000 for the same period last year. Loss from continuous operations before income taxes was $4,170,000 against income before income taxes of $128,651,000 for the same period last year. Loss from continuous operations was $3,154,000 or $0.04 per diluted share against income of $82,422,000 or $1.14 per diluted share for the same period last year. Net loss was $7,953,000 or $0.11 per diluted share against net income of $83,067,000 or $1.15 per diluted share for the same period last year. Capital expenditures were $322,572,000 against $349,879,000 for the same period last year. Adjusted net income was $30,178 million or $0.41 per share against $47,581 million or $0.66 per share a year ago. Adjusted income from continuous operations was $34,977 million or $0.48 per diluted share against income of $46,936 million or $0.65 per diluted share for the same period last year. Adjusted EBITDAX from continuing operations was 204.1 million against $200.3 million for the same period last year. For the six months, the company reported total revenues of $567,375,000 against $603,312,000 for the same period last year. Operating income was $34,567,000 against $159,827,000 for the same period last year. Income from continuous operations before income taxes was $19,725,000 against $141,114,000 for the same period last year. Income from continuous operations was $12,493,000 or $0.17 per diluted share against income of $90,841,000 or $1.26 per diluted share for the same period last year. Net income was $45,363,000 or $0.62 per diluted share against net income of $139,759,000 or $1.93 per diluted share for the same period last year. Capital expenditures were $594,268,000 against $634,932,000 for the same period last year. Adjusted net income was $105,030 million or $1.44 per share against $130,215 million or $1.80 per share a year ago. Adjusted income from continuous operations was $72,160 million or $0.48 per diluted share against income of $81,297 million or $1.12 per diluted share for the same period last year. Adjusted EBITDAX from continuing operations was 408.5 million against $361.8 million for the same period last year. For the quarter, the company reported total production volumes of 6,354 MBOE against 6,480 MBOE a year ago. Natural gas production was 14,676 MMcf against 14,742 MMcf a year ago. Oil production was 2,833 MBbl against 2,592 MBbl a year ago. Natural gas liquids production was 44.7 MMgal against 34.2 MMgal a year ago. For the six months, the company reported total production volumes of 12,516 MBOE against 12,401 MBOE a year ago. Natural gas production was 28,800 MMcf against 28,560 MMcf a year ago. Oil production was 5,584 MBbl against 4,906 MBbl a year ago. Natural gas liquids production was 82.7 MMgal against 61.8 MMgal a year ago. For the year 2014, the company expects production from continuing operations remains unchanged at 24.9 MMBOE to 25.9 MMBOE, with a midpoint of 25.4 MMBOE. The company has revised its 2014 guidance for after-tax cash flows and earnings to reflect numerous adjustments including year-to-date results, timing and composition of annual production, increased assumptions for key basis differentials, and reduced interest expense. After-tax cash flows from continuing operations in 2014 are estimated to be $833 million to $855 million, and earnings are estimated to fall within a range of $2.00 to $2.30 per diluted share. The company expects capital spending plans for 2014 of $1.4 billion.

Energen Corporation Declares Quarterly Cash Dividend, Payable on September 2, 2014

The board of directors of Energen Corporation declared a quarterly cash dividend of 15 cents per share payable September 2, 2014, to shareholders of record on August 15, 2014.

Energen Corp. to Report Q2, 2014 Results on Jul 30, 2014

Energen Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 30, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EGN:US $78.24 USD -0.40

EGN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dragon Oil PLC 610.00 GBp +7.50
ITC Holdings Corp $37.50 USD +0.18
Lundin Petroleum AB kr130.40 SEK +1.20
National Fuel Gas Co $76.12 USD +0.93
Newfield Exploration Co $44.13 USD -0.09
View Industry Companies
 

Industry Analysis

EGN

Industry Average

Valuation EGN Industry Range
Price/Earnings 49.9x
Price/Sales 3.2x
Price/Book 2.0x
Price/Cash Flow 8.7x
TEV/Sales 2.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ENERGEN CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.