Diamondback Energy Inc. and Energen Corporation or today announced that each of Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC, leading proxy advisor firms, has recommended that Diamondback’s stockholders vote “FOR” the issuance of Diamondback shares in connection with the parties’ pending merger [...]
Energen Corp. today announced financial and operating results for the three months ended September 30, 2018. HIGHLIGHTS: 3Q18 production of 103.1 mboepd beat guidance midpoint by 4% and increased ?6 % from 2Q18 Oil production in 3Q18 of 60.5 mbopd surpassed guidance midpoint by 2.5% and grew 6.7% from 2Q18 3Q18 per-unit LOE of $5.80 improved more [...]
Energen Corp. will release third quarter 2018 financial and operating results on November 6, 2018, after market close. Energen will not host an associated quarterly conference call. Energen Corp. is an oil-focused exploration and production company with operations in the Permian Basin in west Texas and New Mexico. For more information, go to [...]
Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Energen Corp. relating to the sale of the Company to Diamondback Energy Inc. . Under the terms of the agreement, shareholders of Energen will receive only 0.6442 [...]
Shareholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of Energen Corporation breached their fiduciary duties in connection with the proposed sale of the Company to Diamondback Energy. Energen engages in the exploration, development, and production of oil, natural gas liquids, and natural gas [...]
Diamondback Energy and Energen Corporation today announced that they have entered into a definitive agreement under which Diamondback will acquire Energen in an all-stock transaction valued at approximately $9.2 billion, including Energen’s net debt of $830 million as of June 30, 2018. The consideration will consist of 0.6442 shares of [...]
Energen Corp. today announced financial and operating results for the second quarter ended June 30, 2018. In the second quarter of 2018, Energen continued to build on its track record of execution, growth, and financial strength.
Energen Corporation will host a conference call on Tuesday, August 7, 2018, at 8:30 a.m. ET to discuss its second quarter 2018 financial and operating results. An associated news release will be issued Tuesday, August 7, at approximately 6 a.m. ET. Members of the investment community may participate in the conference call by dialing 1-877-407-8289 [...]