Energen stock: buy or sell?
November 29th, 2018
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. That's why is so important to choose your own trading plan that fits your character as inversor. 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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Energen stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for EGN stock for the last 30 days.
Energen stock analysis
Shares of Energen jumped an excellent 2.11% and closed at $72.12.
Energen jumped an excellent 2.11% and closed at $72.12. Since price and SMA100d lines crossed down on October, EGN fell $-4.24 per share (-5.55%). On October, EGN hit a new all time high, pushing higher than on October tops. Check different trading setups that use ATHs as triggers.
After sliding a scary -8.94% in a week by mid November 2018, Energen closed this week at $72.12 and skyrocketed an extraordinary 6.89%.
Not so far away is the last all-time high Energen marked early October, but since then it dropped a 19.72%. Since late November 2018 when EGN stock price broke up the SMA40w line, it gained $4.65 (6.89%).
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 22.60%. 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 on October with a price of $89.83.
Energen stock price targetNobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. You should not follow the analysts' EGN stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Energen stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareOn November, Energen reported its latest financial data, posting a pretty good gain for the Earnings per Share (EPS) ratio. Experts expected $0.85 per share, but Energen posted $0.96. Energen is reporting earnings for 2018-Q4 on February. We don't currently have any estimate for next quarter EPS ratio. Keep tuned in the coming weeks to learn about EGN's EPS estimate.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2017, Energen annual sales rocketed a dazzling 58.91% to $987.44 M dollars from $621.37 marked in 2016. When comparing 2017 vs 2016, aligned with this, profit margin (that is, the net income divided by revenues) boosted a 58.03% to 31.07%. Energen presents anual results 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 income $423.05 M USD. If we compare 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, climbed an outstanding 47.20%. By contrast, profit margin (net income/sales) depreciated at 31.07%.
|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 M||58.91%||$307 M31.1%||-283.17%|
|TTM||$1,454 M||47.20%||$423 M29.1%||37.88%|
Quarterly financial resultsEnergen reported $380.88 M in revenues for 2018-Q3, a 2.51% improvement compared to previous quarter. Reported quarter income marked $-26.57 M with a profit margin of -6.98%. Profit margin collapsed a -25.35% compared to previous quarter when profit margin was 18.37%. When comparing sales to same quarter last year, Energen sales marked an amazing growth and skyrocketed a 52.90%. Looking back to recent quarterly results, Energen posted 7 positive quarters in a row.
|2016-Q4||$163 M||-||$-54 M-33.4%||-|
|2017-Q1||$176 M||8.22%||$33 M18.9%||-161.32%|
|2017-Q2||$219 M||24.00%||$29 M13.5%||-11.74%|
|2017-Q3||$249 M||13.90%||$-18 M-7.4%||-162.71%|
|2017-Q4||$343 M||37.78%||$262 M76.5%||-1,519.61%|
|2018-Q1||$358 M||4.27%||$119 M33.2%||-54.69%|
|2018-Q2||$372 M||3.83%||$68 M18.4%||-42.59%|
|2018-Q3||$381 M||2.51%||$-27 M-7.0%||-138.92%|
Energen ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Energen, of all outstanding shares are owned by its staff.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$0.0 M|
|Total shares||0.0 M|
|Float shares||0.0 M|
|- Institutional holdings (%)||0.0%|
|- Insider holdings (%)||0.0%|
|Shares in short selling||0.0%|
|Thursday, November 29th, 2018|
|Day range||$70.50 - $73.51|
|Average true range||$3.06|
|50d mov avg||$77.41|
|100d mov avg||$76.33|
|200d mov avg||$0.00|
Energen performanceTo better understand Energen performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Energen performance to :
Energen competitorsUnfortunately, 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
- Seeking AlphaEnergen: A Bit About The Potential SaleJuly 11, 2018
- Seeking AlphaEnergen: Greater Than 35% UpsideJuly 5, 2018
- Seeking AlphaHartstreet: Icahn And Corvex See Value In Energen, And We See Production ImprovementsJune 18, 2018