Key Developments: Energen Corp (EGN)
55.89USD
19 Jun 2013
$0.48 (+0.87%)
$55.41
$55.46
$56.12
$55.24
172,137
597,966
$56.65
$40.13
Latest Key Developments (Source: Significant Developments)
Energen Corp Issues FY 2013 Production Guidance; Reaffirms FY 2013 EPS Guidance
Energen Corp announced that it expects volumes to improve each quarter for the remainder of fiscal 2013 such that it could reach 26.5 million barrels of oil equivalents (MMBOE) by year end. The Company expects production in the range of 26.1 to 26.5 MMBOE for fiscal 2013. Net income guidance for fiscal 2013 remains unchanged at $3.34-$3.74 per diluted share but has been restated to exclude potential dry hole expense that was embedded in the prior guidance range. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EPS of $3.34 for fiscal 2013. Full Article
Energen Corp Declares Quarterly Cash Dividend
Energen Corp announced that it has declared a quarterly cash dividend of 14.5 cents per share payable June 3, 2013, to shareholders of record on May 15, 2013. Full Article
Energen Corp Increases Cash Dividend 3.6 %
Energen Corp announced that it has increased the quarterly cash dividend 3.6 %to 14.5 cents per share. Full Article
Energen Corp Issues FY 2013 Earnings Guidance Below Analysts' Estimates; Issues FY 2013 Production Guidance
Energen Corp announced that for fiscal 2013, it expects Net income to be in the range of $219-$248 million, or $3.03-$3.43 per diluted share. The Company also announced that for fiscal 2013, it expects Oil production of 10.6 MMBO, NGL of 143.4 MMgal and Natural Gals Of 72.7 Bcf. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of $254 million and EPS of $3.67 for fiscal 2013. Full Article
Energen Corp Issues FY 2013 Production Guidance; Declares Quarterly Cash Dividend
Energen Corp announced that for fiscal 2013, it expects Oil and NGL production to increase 21%, with total production rising 8% to 26.5 million barrels of oil equivalents (MMBOE). The Company also announced that the Board of Directors declared a quarterly cash dividend of 14 cents per share payable December 3, 2012, to shareholders of record on November 15, 2012. Full Article
Energen Corp Reaffirms FY 2012 Production Guidance-Conference Call
Energen Corp announced that for fiscal 2012, it expects production to be about 24.5 million barrel of oil-equivalents. Full Article
Energen Corp Reaffirms FY 2012 Production Guidance
Energen Corp reaffirmed its estimated fiscal 2012 production of 24.5 MMBOE. Full Article
Energen Corp Declares Quarterly Cash Dividend
Energen Corp announced that it declared a quarterly cash dividend of 14 cents per share payable September 4, 2012, to shareholders of record on August 15, 2012. Full Article
Energen Corp Declares Quarterly Cash Dividend
Energen Corp announced that its Board of Directors declared a quarterly cash dividend of $0.14 per share payable June 1, 2012, to shareholders of record on May 15, 2012. Full Article
Energen Corp's Energen Resources To Acquire Proved Wolfberry Properties
Energen Corp announced that its oil and gas exploration and production subsidiary, Energen Resources, has signed a purchase and sale agreement to buy a primarily proved undeveloped Wolfberry package from a private seller for $65.8 million plus standard closing adjustments. Energen’s newest planned acquisition is expected to close by the end of February. Full Article

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