Energen Corp. (EGN) is Trading Higher on Unusual Volume for February 17

Equities Staff |

Energen Corp. (EGN) experienced unusually high volume on Feb. 17, as the stock gained 3.23% to a closing price of $23.64. The stock saw 15.03 million shares trade hands over the course of the day on 70,349 trades. Given that the stock’s average daily volume over the last month has been 2.21 million shares a day, this represents a pretty substantial spike over the norm.

Energen Corp. has a P/B ratio of 0.54. The stock has traded between $77.12 and $20.76 over the last 52-weeks, its 50-day SMA is now $37.62, and its 200-day SMA $54.11.

Energen Corp is a domestic oil and gas exploration and production company. Its reserves are primarily in the Permian basin of west Texas. The Company is also exploring the potential of an emerging oil play in the Mancos formation in the San Juan Basin.

Headquartered in Birmingham, AL, Energen Corp. has 550 employees and is currently under the leadership of CEO James T. Mcmanus.

For a complete fundamental analysis analysis of Energen Corp., check out Equities.com’s Stock Valuation Analysis report for EGN. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.


The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Emerging Growth

New Age Farm Inc.

New Age Farm Inc is engaged in the development of the agriculture based business in Langley, British Columbia.

Private Markets

Santo Diablo Mezcal

Santo Diablo Mezcal has been created to capitalize on a boom sector of the beverage market currently full of many small unmemorable products by producing one sexy, household, easily recognizable…

CF0005, LLC dba Mesa-Marshall #1-2

MESA Resources, Inc. ("MESA") is sponsoring the development of the oil & gas well completion project "Mesa-Marshall #1-2". MESA, founded in 1992, is engaged in the acquisition, exploration and development…