Energen Earnings Preview: Get Ahead of the Analysts

Energen (NYSE:EGN) will report earnings before markets open on Monday, April 29th. Energen Corporation is a diversified energy holding company. The Company acquires, develops, explores, and produces oil, natural gas and natural gas liquids in the continental United States. The Company also purchases, distributes and sells natural gas, principally in central and north Alabama.

Here is your Cheat Sheet to Energen Earnings:

Earnings Expectations: Analysts expect earnings of $1.19 per share on revenues of $511.52 million. Currently, the company’s P/E ratio stands at 13.25.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.72 to a profit $0.66. For the current year, the average estimate is a profit of $3.36, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Energen has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,569 1,440 1,579 1,483 1,617
Diluted EPS ($) 4.47 3.57 4.04 3.59 3.51

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 288.15 418.44 470.36 295.32 433.05
Diluted EPS ($) 0.21 0.79 1.82 0.03 0.87

Past Performance:
Energen has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)