Current EGN Stock Info

Multi-year acceleration of Permian development slated for 2016 start
Wolfcamp B and C benches in Glasscock County may warrant two laterals per zone
Energen Corporation (ticker: EGN) took measures to secure stable near-term growth this week, adding its first oil hedges for 2016 and tapping the equity markets. The measures include:

Public offering of 5,700,000 shares of stock, resulting in gross proceeds of $405 million after expenses. The offering includes a 30-day underwriter option for 885,000 additional shares, which would boost gross p...


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