4Q17 Production Beats Guidance by 14%, Approaches 100 mboepd

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Energen (EGN) PT Lowered to $67 at Deutsche Bank Following 4Q

February 21, 2018 7:03 AM EST

Deutsche Bank lowered its price target on Energen (NYSE: EGN) to $67.00 (from $70.00) while maintaining a Buy rating following the company's 4Q earnings report. EGN reported 97.4 mboe/d of total production in 4Q17, compared to consensus of 86.2 mboe/d. Oil production of 58.1 mbo/d, came... More