Energen (NYSE: EGN) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 30 (Q2), Energen crushed expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue increased. Non-GAAP earnings per share dropped. GAAP earnings per share dropped significantly.

Margins dropped across the board.

Revenue details
Energen reported revenue of $490.1 million. The six analysts polled by S&P Capital IQ looked for a top line of $403.7 million on the same basis. GAAP reported sales were 4.2% higher than the prior-year quarter's $470.4 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $0.66. The 14 earnings estimates compiled by S&P Capital IQ averaged $0.62 per share. Non-GAAP EPS of $0.66 for Q2 were 9.6% lower than the prior-year quarter's $0.73 per share. GAAP EPS of $1.15 for Q2 were 37% lower than the prior-year quarter's $1.82 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 62.5%, much worse than the prior-year quarter. Operating margin was 29.9%, much worse than the prior-year quarter. Net margin was 17.0%, much worse than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $413.6 million. On the bottom line, the average EPS estimate is $0.59.

Next year's average estimate for revenue is $1.81 billion. The average EPS estimate is $3.33.

Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 260 members out of 269 rating the stock outperform, and nine members rating it underperform. Among 62 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 60 give Energen a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Energen is outperform, with an average price target of $62.83.

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