Energen Corp (EGN) Key Developments | Reuters.com
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Energen Corp (EGN)

EGN on New York Consolidated

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29 Jun 2016
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Latest Key Developments (Source: Significant Developments)

Energen sees 2016 production of 52.7-53.5 mboepd, excluding asset sales
Monday, 27 Jun 2016 05:06pm EDT 

Energen Corp : Expects 2016 production of 52.7-53.5 mboepd, excluding asset sales . Expects to build 37-39 net DUCs to be drilled in the Midland Basin and 17-19 net in Delaware Basin . Expects double digit production growth in 2017, if all things remain equal at current levels Further company coverage: [EGN.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

Energen says adds swaps for 1.6 mln barrels of 2017 oil production
Thursday, 26 May 2016 04:20pm EDT 

Energen Corp : Recently added swaps for 1.6 million barrels of its 2017 oil production at an average Nymex price of $50.55 per barrel . Recently entered into three way collars for 3.0 million barrels of its 2017 oil production at an average call price of $61.03 per barrel . Company's total oil volumes hedged in 2017 now at 7.1 million barrels . Added 7.2 BCF of permian basin-specific contracts to its 2017 natural gas hedge position at an average contract price of $2.85 per MCF .Energen's total natural gas hedge position in 2017 now at 10.8 bcf of basin-specific gas at an average contract price of $2.82 per MCF.  Full Article

Energen Launches Common Stock Offering
Wednesday, 17 Feb 2016 06:30am EST 

Energen Corporation:Says launch of an underwritten public offering of 12,000,000 shares of its common stock, subject to market and other conditions.The underwriter will have a 30-day option to purchase up to 1,800,000 additional shares of common stock from Energen.Energen intends to use the net proceeds from the offering to repay borrowings under its credit facility, to fund drilling and development activities, and/or for other general corporate purposes.Credit Suisse Securities (USA) LLC is acting as sole book-running manager for the offering.  Full Article

Energen Corp declares dividend
Friday, 30 Oct 2015 04:30pm EDT 

Energen Corp:Declared a quarterly cash dividend of 2 cents per share.Payable Dec. 1, to shareholders of record on Nov. 13.  Full Article

Energen Corp Declares Quarterly Cash Dividend
Friday, 31 Jul 2015 04:00pm EDT 

Energen Corp:Says declared a quarterly cash dividend of 2 cents per share payable Sept. 1, 2015, to shareholders of record on Aug. 14, 2015.  Full Article

Energen Corp announces pricing of common stock offering
Wednesday, 17 Jun 2015 09:20am EDT 

Energen Corp:Prices underwritten public offering of 5,700,000 shares of common stock.Total gross proceeds of the offering will be approximately $405 million.Underwriter has a 30-day option to purchase up to 855,000 additional shares of common stock from Energen.Offering is expected to close on or about June 22.  Full Article

Energen Corp launches common stock offering
Wednesday, 17 Jun 2015 06:30am EDT 

Energen Corp:Launches common stock offering.Says offering 5.7 million common shares.Intends to use proceeds from offering to fund a slight increase in drilling activity in Midland basin in the second half of 2015.Says to use the net proceeds to begin a multi-year acceleration of development activities in the permian basin in 2016.Says intends to use the net proceeds from this offering to repay borrowings outstanding under its credit facility.  Full Article

Energen Corp declares quarterly cash dividend
Thursday, 30 Apr 2015 04:30pm EDT 

Energen Corp:Declares quarterly cash dividend of 2 cents per share.Payable on June 1 to shareholders of record date as on May 15.  Full Article

Energen Corp gives FY 2015 production outlook - Conference Call
Friday, 13 Feb 2015 11:00am EST 

Energen Corp:Expects FY 2015 production to range from 21.4 MMBOE to 22.4 MMBOE.  Full Article

Energen declares quarterly cash dividend
Tuesday, 10 Feb 2015 12:41pm EST 

Energen Corp:Declares quarterly cash dividend of 2 cents per share payable March 2, to shareholders of record on Feb. 23.  Full Article