Energen Corporation (NYSE: EGN) announced today that it has discontinued
its cash dividend in response to the significant decline in the market
prices of oil, natural gas, and natural gas liquids.
Energen Corporation is an oil and gas exploration and production
company with headquarters in Birmingham, Alabama. At year-end 2015, the
company had 355 million barrels of oil-equivalent proved reserves and
another 2.8 billion barrels of oil-equivalent probable and possible
reserves and contingent resources. These all-domestic reserves and
resources are located primarily in the Permian Basin in west Texas. For
more information, go to http://www.energen.com.
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Copyright Business Wire 2016
Source: Business Wire
(February 11, 2016 - 4:54 PM EST)
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