Energen stock: buy or sell?

EGN stock price: $72.12 2.11% At close on November 29th, 2018

Updated on:
November 29th, 2018

2

Shares of Energen ended at $72.12 and escalated a great 2.11%.

Energen Corporation, through its subsidiary, Energen Resources Corporation, engages in the exploration, development, and production of oil, natural gas liquids, and natural gas.

Should I buy Energen stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Energen stock situation right now, therefore this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean EGN will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Energen stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for EGN stock for the last month.

Energen stock analysis

Daily outlook

Energen escalated a great 2.11% and closed at $72.12.

Energen shares escalated 2.11% to $72.12 . When EGN stock price broke down the SMA100d line, it slid $-4.24 per share (-5.55%). , EGN hit new all time highs, pushing higher previous ATH of $88.26 recorded . New ATHs are usual entry points for many trading setups as there aren't higher resistences.

EGN stock chart (daily)

Weekly outlook

Energen crossed up the SMA line of 200d, closing at $72.12. By mid November 2018 EGN collapsed a dreadful -8.94% in just one week.

Not so far away is the last price record Energen marked early October, but since then it dropped a 19.72%.

EGN stock chart (weekly)

Energen stock price history

Energen IPO was on January 4th, 2018 at $58.81 per share1. Since then, EGN stock surged a 22.60%, with a yearly average of 11.30%. If you had invested $1,000 in Energen stock in 2018, it would worth $226.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Energen stock historical price chart

EGN stock reached all-time highs with a price of $89.83.

Energen stock price target

Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not found any price forecast for Energen stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Energen presented excellent results for 2018-Q3 . Energen soared Earnings per Share (EPS) by 12.90%, beating analysts estimates of $0.85. Energen posted $0.96. Energen is reporting earnings for 2018-Q4 on February. We don't currently have any forecast for next quarter EPS ratio. Keep tuned in the coming weeks to learn about EGN's EPS estimate.
EGN earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2016-Q4-n/a-0.53n/a
2017-Q1-n/a0.34n/a
2017-Q2-n/a0.3n/a
2017-Q32017-11-080.160.225.0%
2017-Q42018-02-200.410.6353.7%
2018-Q12018-05-080.770.815.2%
2018-Q22018-08-070.750.772.7%
2018-Q32018-11-060.850.9612.9%
2018-Q42019-02-18n/an/an/a
2019-Q1-n/an/an/a

Annual financial results

Compared to 2016, last anual turnover report draw an outstanding growth of 58.91% to $987.44 million dollars. When comparing 2017 vs 2016, aligned with this, profit margin (that is, the net income divided by revenues) climbed a 58.03% to 31.07%.

Energen fiscal year ends in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Energen TTM sales up to September 2018 were $1,453.54 and earnings $423.05 million USD. When comparing this TTM figures with the last reported annuality, we can review Energen business evolution since December 2017: Annual turnover up to September, compared to lastest yearly report, boosted a dazzling 47.20%. Regarding profit margin, Energen slightly fell -1.97% to 31.07%

EGN annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,750 M-$193 M11.0%-
2014$1,344 M-23.19%$568 M42.3%194.09%
2015$763 M-43.22%$-945.73 M-123.9%-266.49%
2016$621 M-18.59%$-167.51 M-27.0%-82.29%
2017$987 M58.91%$307 M31.1%-283.17%
TTM $1,454 M47.20%$423 M29.1%37.88%

Quarterly financial results

Energen reported $380.88 million in revenues for 2018-Q3, a 2.51% up compared to previous quarter. Reported quarter income marked $-26.57 million with a profit margin of -6.98%. Profit margin plunged a -25.35% compared to previous quarter when profit margin was 18.37%. When comparing revenues to same quarter last year, Energen sales marked an exceptional increase and rocketed a 52.90%. Looking back to recent quarterly results, Energen posted 7 positive quarters in a row.
EGN quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2016-Q4$163 M-$-54 M-33.4%-
2017-Q1$176 M8.22%$33 M18.9%-161.32%
2017-Q2$219 M24.00%$29 M13.5%-11.74%
2017-Q3$249 M13.90%$-18 M-7.4%-162.71%
2017-Q4$343 M37.78%$262 M76.5%-1,519.61%
2018-Q1$358 M4.27%$119 M33.2%-54.69%
2018-Q2$372 M3.83%$68 M18.4%-42.59%
2018-Q3$381 M2.51%$-27 M-7.0%-138.92%

Energen ownership

When you are planning to invest in shares of a stock, it's always worth to overview its ownership structure.

Energen shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

The following table compares ownership indicators for other stocks related to Energen:

EGN
Market cap$0.0 M
Total shares0.0 M
Float shares0.0 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

Energen summary

Thursday, November 29th, 2018
Open$70.50
Close$72.12
Day range$70.50 - $73.51
Previous close$70.63
Session gain2.11%
Average true range$3.06
50d mov avg$77.41
100d mov avg$76.33
200d mov avg$0.00
Daily pattern
Weekly pattern lb06a

Energen performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Energen stock.
Stock3m6m12m
EGNEnergen-7.00%12.49%0.00%

Energen competitors

Unfortunately, we could not find any public company that could be defined as Energen competitor. This doesn't mean Energen does not have any competitor in the market, it's just we could not detected it.

    Latest Energen stock news