Energen Stock Hits New 52-Week High (EGN)

NEW YORK ( TheStreet) -- Energen (NYSE: EGN) hit a new 52-week high Thursday as it is currently trading at $56.85, above its previous 52-week high of $56.67 with 25,416 shares traded as of 9:35 a.m. ET. Average volume has been 610,300 shares over the past 30 days.

Energen has a market cap of $4.03 billion and is part of the basic materials sector and energy industry. Shares are up 25% year to date as of the close of trading on Wednesday.

Energen Corporation, an energy holding company, engages in the development, acquisition, exploration, and production of oil, natural gas, and natural gas liquids in the continental United States.

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TheStreet Ratings rates Energen as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full Energen Ratings Report.

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