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| Company Overview Energen Corporation dramatically expanded its oil and gas focus over the past dozen years and is, today, among the Top 20 independent exploration and production companies on the basis of U.S. reserves. Energen is listed on the New York Stock Exchange - ticker symbol: EGN This growth has translated into an impressive history of earnings and stock price appreciation. Over the last five years, Energen’s earnings growth rate and total shareholder return have averaged more than 30 percent a year. And Energen is proud to have increased its cash dividend every year for the last quarter-century. Energen Resources Corporation, Energen’s oil and gas subsidiary, contributes approximately 85 percent of the Company’s consolidated net income and is the dominant driver of Energen’s growth…now and for the future. Energen Resources has increased its reserves through property acquisitions and development. Its domestic, proved reserves of natural gas, oil and natural gas liquids today total 1.75 trillion cubic feet equivalent, and another 1.9 Tcfe of identified probable and possible reserves offer a significant inventory of future drilling opportunities. Energen’s regulated business, Alabama Gas Corporation (Alagasco), is the largest distributor of natural gas in Alabama. With roots spanning more than 150 years, Alagasco serves approximately 450,000 homes, businesses and industries in north and central Alabama. |
IN THE NEWS Financial News 03/05/2010 Energen to Present at Raymond James 31st Annual Institutional Investor Conference 03/02/2010 Energen Investment Community Meetings Slated for March 4, 2010 02/05/2010 Energen Investment Community Meetings Slated for February 8-10 01/27/2010 Energen Earns $3.57 per Diluted Share in 2009 01/27/2010 Energen Board Increases Cash Dividend 4 Percent INVESTOR SPOTLIGHT |

