Financial Contrast: Energen Corporation (EGN) versus The Competition
Energen Corporation (NYSE: EGN) is one of 246 public companies in the “Oil & Gas Exploration and Production” industry, but how does it contrast to its competitors? We will compare Energen Corporation to related businesses based on the strength of its valuation, risk, earnings, institutional ownership, analyst recommendations, dividends and profitability.
Insider & Institutional Ownership
94.0% of Energen Corporation shares are owned by institutional investors. Comparatively, 62.2% of shares of all “Oil & Gas Exploration and Production” companies are owned by institutional investors. 1.0% of Energen Corporation shares are owned by insiders. Comparatively, 11.8% of shares of all “Oil & Gas Exploration and Production” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
This table compares Energen Corporation and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Energen Corporation Competitors||-425.13%||-3.30%||1.79%|
This is a breakdown of recent ratings and recommmendations for Energen Corporation and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Energen Corporation Competitors||1442||7471||12103||257||2.53|
Energen Corporation presently has a consensus price target of $66.00, suggesting a potential upside of 23.02%. As a group, “Oil & Gas Exploration and Production” companies have a potential upside of 38.93%. Given Energen Corporation’s competitors higher possible upside, analysts plainly believe Energen Corporation has less favorable growth aspects than its competitors.
Risk and Volatility
Energen Corporation has a beta of 1.95, meaning that its share price is 95% more volatile than the S&P 500. Comparatively, Energen Corporation’s competitors have a beta of 1.42, meaning that their average share price is 42% more volatile than the S&P 500.
Earnings & Valuation
This table compares Energen Corporation and its competitors revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Energen Corporation||$686.19 million||$493.74 million||85.16|
|Energen Corporation Competitors||$1.40 billion||$602.68 million||20.53|
Energen Corporation’s competitors have higher revenue and earnings than Energen Corporation. Energen Corporation is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
About Energen Corporation
Energen Corporation is an oil and natural gas exploration and production company. The Company is engaged in the exploration, development and production of oil and natural gas properties and natural gas. Its operations are conducted through subsidiary, Energen Resources Corporation and occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. The Company is focused on increasing its oil, natural gas liquids and natural gas production and proved reserves through active development and/or exploratory programs in the Permian Basin. As of December 31, 2016, oil, natural gas liquids and natural gas represented approximately 60%, 20% and 20% of its reserves. As of December 31, 2016, its development activities added approximately 327 million barrels of oil equivalent (MMBOE) of reserves from the drilling of 623 gross development, exploratory and service wells and 73 well recompletions and pay-adds.
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