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Volatile Stocks in List: Energen Corp. (NYSE:EGN), SandRidge Energy, Inc. (NYSE:SD), J. C. Penney Company, Inc. (NYSE:JCP)

Volatile Stocks in List: Energen Corp. (NYSE:EGN), SandRidge Energy, Inc. (NYSE:SD), J. C. Penney Company, Inc. (NYSE:JCP)
Written by
Ryan Mitchell
Published on
October 23, 2014
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InsidrFinancial

Energen Corp. (NYSE:EGN) reported that a quarterly cash dividend of $0.02/share, previous $0.15/share (following completing the sale of its natural gas utility). Energen completed the sale of its natural gas utility on September 2, 2014, as well as the new dividend is reflective of the company's position as a pure-play, oil-focused exploration and production company. Energen Corp. (NYSE:EGN) has the market capitalization of 4.362 Billion. Shares of firm plunged -3.73% to close at $59.60 with the total traded volume of 944644. The firm has current ratio of 0.60 for the most recent quarter.SandRidge Energy Inc. (NYSE:SD) dropped over -8% in last trading session after firm declared that that the increase in borrowing base and extension of credit facility. The new, five-year accord with 27 lending institutions has a maximum facility size of $2B and an initial borrowing base of $1.2B. Because of its present liquidity position and hedging program, the company elected to initially set a facility limit of $900 million, which can be expanded up to the $1.2 billion borrowing base upon written request. SandRidge Energy, Inc. (NYSE:SD) stock price closed at $4.08 with the total traded volume of 13.46 Million shares. Its price to sales ratio ended at 1.13. Its market capitalization is 1.980 Billion. The stock owned by the Financial Institutions was 75.50% while by insiders was 0.70%.J. C. Penney Company, Inc. (NYSE:JCP) reported that it has deposited funds in the amount of $63,849,262.50 with Wilmington Trust, National Association, as Trustee under the Indenture with respect to J. C. Penney's 6.875% Medium-Term Notes due 2015, to effect a legal defeasance of the Notes as permitted by the terms of the Notes and the Indenture. J. C. Penney Company, Inc. (NYSE:JCP) begun last trade with a price of $7.63 and throughout the trading session climbed at a high of $7.76. The day-trade ended with -1.83% to $7.49. The stock is going forward to its 52 week low with 52.86% and lagging behind from its 52 week high price with -33.72%. JCP last month stock price volatility remained 6.32%.

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