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Energen Corp. (EGN) in Focus: Stock Jumps 5.4%

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Energen Corp. was a big mover last session, as the company saw its shares rise over 5% on the day. The upside came after the company posted encouraging fourth-quarter 2014 results wherein both earnings and revenues topped estimates. This led to far more shares changing hands than in a normal session resulting in solid volume. This also reverses the recent trend of the company, as the stock is now trading above the volatile price range of $60.17 to $66.51 in the past one-month time frame.
The company has seen two negative revisions in the past seven days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Energen currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is LRR Energy, L.P. , carrying a Zacks Rank #2 (Buy).
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