Browse by ▼

Energen Corp

  • 2 Stocks You Must Buy Despite A Gloomy Industry Outlook

    By Madhu Dube - February 14, 2013 | Tickers: EGN, PEP, PM

    Birmingham Capital Management recently disclosed its 13F filings. The fund majorly invests in consumer goods companies that form ~22% of its portfolio followed by industrial goods companies that are ~16.5% of its portfolio. As per the recent filings, the company entered a new position in Colonial Properties Trust, a Birmingham based real estate investment trust primarily investing in office and retail properties in the US. Aside from that, the more »

  • Marathon Oil Earnings: Good Valuation As Long As Growth Ramps Up

    By Matthew Frankel - February 4, 2013 | Tickers: EGN, MRO, MPC

    Marathon Oil (NYSE: MRO) is an international leader in oil exploration and production, having spun off its refining and marketing businesses in 2011 into a new company, Marathon Petroleum (NYSE: MPC). 

    Marathon has traded pretty flat since the spinoff (while Marathon Petroleum Corp has performed wonderfully), and with the stock currently hovering around its 52-week high, are we set for a dip in the share price, or is Marathon finally more »

  • SandRidge Sees Downgrade, May Now Be a Value Play

    By Meena Krishnamsetty - December 22, 2012 | Tickers: CXO, EGN, LPI, OXY, SD

    SandRidge Energy (NYSE: SD) recently saw Citigroup downgrade the stock from a buy to neutral due to declining cash flows and the flood of oil to market. SandRidge is an oil and natural gas company focused on the development and production of assets in the Mid-Continent area of Oklahoma and Kansas, and in western Texas. One positive is that the estimated proven reserves are around 50/50 oil and gas more »

  • Dividend Companies With Growth Prospects for the Immortals in Bugarach

    By Nathan Kirykos - December 20, 2012 | Tickers: EGN, PBN, PMG, RPL, TBE

    As the world is going to end this Friday, it is no use buying stocks. We should close our laptops and dump our stock lists tonight. The indexes of the US stock exchange could drop and Friday could end up being a Black Friday. However the inhabitants of Bugarach, that French village which is going to stay untouched from the apocalyptic mayhem, they could be interested in buying the following more »

  • What Energen said at the Barclays CEO Energy Conference

    By Eric Fox - September 14, 2012 | Tickers: APA, EGN, GPOR, OXY, KWK

    Energen Corp. (NYSE: EGN) highlighted the company’s progress in developing its oil and liquids properties in the Permian Basin as part of a long-term strategy of diversifying the company’s production and reserve base away from natural gas.  These comments were made by management at an energy conference held for institutional investors in early September 2012.

    Permian Basin

    Energen has been involved with the Permian Basin since the 1990s more »

  • The Resurrection of the Permian Basin

    By Eric Fox - August 20, 2012 | Tickers: APA, CXO, EGN, LPI, WLL

    The Permian Basin recently achieved a milestone that went almost unnoticed by many investors active in the energy sector.  The rig count in this basin moved above 500 rigs during the second quarter of 2012, passing levels reached during the energy boom of the early 1980s.  This is an extraordinary event for the Permian Basin, which was once disdained by many as a mature oil and gas producing area that more »