Energen Financial Statements From 2010 to 2024

Energen financial statements provide useful quarterly and yearly information to potential Energen investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Energen financial statements helps investors assess Energen's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Energen's valuation are summarized below:
Energen does not presently have any fundamental signals for analysis.
Check Energen financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energen main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Energen financial statements analysis is a perfect complement when working with Energen Valuation or Volatility modules.
  
This module can also supplement various Energen Technical models . Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Energen Cash And Equivalents Analysis

Energen's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Cash

 = 

Bank Deposits

+

Liquidities

More About Cash And Equivalents | All Equity Analysis

Current Energen Cash And Equivalents

    
  17.06 M  
Most of Energen's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Energen is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Competition
In accordance with the recently published financial statements, Energen has 17.06 M in Cash And Equivalents. This is 99.4% lower than that of the sector and 97.4% lower than that of the Cash And Equivalents industry. The cash and equivalents for all United States stocks is 99.37% higher than that of the company.

Energen Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Energen's current stock value. Our valuation model uses many indicators to compare Energen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Energen competition to find correlations between indicators driving Energen's intrinsic value. More Info.
Energen is rated # 2 in net income category among related companies. It is rated # 4 in current asset category among related companies fabricating about  0.58  of Current Asset per Net Income. The ratio of Net Income to Current Asset for Energen is roughly  1.72 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Energen by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Energen's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Energen's earnings, one of the primary drivers of an investment's value.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Energen in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Energen's short interest history, or implied volatility extrapolated from Energen options trading.

Pair Trading with Energen

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energen will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoZone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoZone to buy it.
The correlation of AutoZone is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoZone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Energen information on this page should be used as a complementary analysis to other Energen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

Other Consideration for investing in Energen Stock

If you are still planning to invest in Energen check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Energen's history and understand the potential risks before investing.
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