Energen is an oil and natural gas exploration and production company engaged in the exploration, development and production of oil, natural gas liquids and natural gas. Co.'s operations are conducted through its subsidiary, Energen Resources Corporation and primarily occur within the Midland Basin, the Delaware Basin and the Central Basin Platform areas of the Permian Basin in west Texas and New Mexico. Co.'s operations focus on increasing production and adding proved reserves through the development of oil, natural gas liquids and natural gas properties. In addition, Co. explores for and develops new reservoirs, primarily in areas in which it has an operating presence. We show 36 historical shares outstanding datapoints in our coverage of EGN's shares outstanding history.
Understanding the changing numbers of EGN shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like EGN versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching EGN by allowing them to research EGN shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
