Keeley Teton Advisors LLC increased its position in Energen Co. (NYSE:EGN) by 5.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 174,364 shares of the oil and gas producer’s stock after acquiring an additional 9,352 shares during the period. Keeley Teton Advisors LLC owned about 0.18% of Energen worth $9,534,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Creative Planning lifted its position in Energen by 8.0% during the second quarter. Creative Planning now owns 3,390 shares of the oil and gas producer’s stock valued at $167,000 after purchasing an additional 250 shares in the last quarter. Aperio Group LLC lifted its position in shares of Energen by 17.3% in the second quarter. Aperio Group LLC now owns 13,506 shares of the oil and gas producer’s stock valued at $667,000 after acquiring an additional 1,990 shares in the last quarter. US Bancorp DE lifted its position in shares of Energen by 16.4% in the second quarter. US Bancorp DE now owns 22,919 shares of the oil and gas producer’s stock valued at $1,132,000 after acquiring an additional 3,233 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Energen in the second quarter valued at about $423,000. Finally, Great West Life Assurance Co. Can lifted its position in shares of Energen by 0.9% in the second quarter. Great West Life Assurance Co. Can now owns 58,112 shares of the oil and gas producer’s stock valued at $2,867,000 after acquiring an additional 520 shares in the last quarter. 96.11% of the stock is owned by institutional investors.

Energen Co. (NYSE:EGN) opened at $52.87 on Thursday. Energen Co. has a 52 week low of $46.16 and a 52 week high of $63.06. The company has a quick ratio of 0.53, a current ratio of 0.58 and a debt-to-equity ratio of 0.24.

Energen (NYSE:EGN) last announced its quarterly earnings data on Wednesday, November 8th. The oil and gas producer reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.05. Energen had a negative return on equity of 0.45% and a negative net margin of 1.17%. The company had revenue of $191.50 million for the quarter, compared to analysts’ expectations of $242.81 million. During the same quarter in the prior year, the firm earned ($0.22) earnings per share. Energen’s revenue was up 3.9% compared to the same quarter last year. analysts anticipate that Energen Co. will post 0.47 EPS for the current year.

Several equities analysts have recently commented on EGN shares. Zacks Investment Research downgraded Energen from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Morgan Stanley boosted their target price on Energen from $52.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 31st. Barclays boosted their target price on Energen from $57.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 11th. SunTrust Banks reiterated a “buy” rating and issued a $70.00 target price on shares of Energen in a research report on Monday, October 2nd. Finally, Bank of America began coverage on Energen in a research report on Monday, October 16th. They issued a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $66.17.

In related news, General Counsel J David Woodruff, Jr. sold 2,500 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $57.01, for a total value of $142,525.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.00% of the stock is owned by corporate insiders.

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Energen 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 (NYSE:EGN)

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