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Enter Symbol:
Energen Corporation (EGN) [hlAlert]

down 24.97 %

Energen Corporation (EGN) rated Buy with price target $64 by SMH Capital

Posted on: Monday,  Jan 7, 2008  11:25 AM ET by SMH Capital

SMH Capital rated Buy Energen Corporation (NYSE: EGN) on 01/07/2008, when the stock price was $64.23. Since
then, Energen Corporation has lost 24.97% as of 01/21/2016's recent price of $48.19.
If you would have followed this SMH Capital's recommendation on EGN, you would have lost 24.97% of your investment in 2936 days.

Energen Corporation (Energen) is an energy holding company engaged in the development, acquisition, exploration and production of oil, natural gas and natural gas liquids in the continental United States and in the purchase, distribution and sale of natural gas in central and north Alabama. The two subsidiaries of the Company are Energen Resources Corporation (Energen Resources) and Alabama Gas Corporation (Alagasco). The Company operates in two business segments: oil and gas operations, and natural gas distributions.

Sanders Morris Harris has built a unique, niche-oriented research effort that's attuned to the Southwest, yet takes a broad, global perspective. Our analysts cover some 100 companies in six broad sectors, including business services; energy; entertainment & media; financial services; and technology. Whatever the geographical focus, our research approach is fundamental and no-nonsense. We look at industries in a bottom-up way, and get to know company managements in depth, to understand their growth philosophy and their views of how their company fits within their group. And we provide straightforward, timely advice to both institutional and private clients based on that research. Unlike many Wall Street firms, which have developed arcane "recommendation matrixes," we have three simple categories of investment advice: buy, sell and hold. And we transmit our recommendations in timely, useful form. Our on-line Research Library gives clients access to the full range of company reports and bulletins generated by our analytical staff. Above all, of course, the success of SMH's research effort rests on its gifted team of analysts - a purposeful blend of experienced research pros and young, creative individuals, all of whom have honed their financial skills within the target industry or with major accounting firms. The combination works. Three of our analysts have appeared on the Wall Street Journal roster of All-Star Analysts or on the Institutional Investor's All-Star Research Team.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/7/2008 11:25 AM Buy
64.23 64.00
as of 12/24/2008
1 Week up  7.45 %
1 Month up  18.63 %
3 Months up  22.79 %
1 YTD down  -42.92 %

(*) Stock Price at the time of the recommendation.
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