ENERGEN CORP (EGN) [Rocket]

In millions, except per share items	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Oil and gas operations								958.8
Natural gas distribution								619.8
Total revenues [+]	961.0	532.9	878.6	1,679.2	1,206.3	1,090.9	1,373.1	1,578.5
Oil & gas	987.4	621.4	763.3	1,344.2	1,256.3	1,006.8		958.8
Other income					1.0	1.7
Revenue growth [+]	80.3%	-39.3%	-47.7%	39.2%	10.6%	-20.5%	-13.0%	9.6%
Oil and gas operations								16.6%
Natural gas distribution								0.3%
Cost of goods sold [+]	249.0	221.3	292.9	384.1	359.5	286.3	631.6	746.2
Maintenance and operations costs							398.1	429.2
Oil & gas costs							233.5	317.0
Gross profit	712.1	311.6	585.7	1,295.1	846.8	804.7	741.5	832.4
Gross margin	74.1%	58.5%	66.7%	77.1%	70.2%	73.8%	54.0%	52.7%
Selling, general and administrative [+]	84.8	95.7	149.1	122.1	113.8	78.6	88.4	85.0
General and administrative [+]	84.8	95.7	149.1	122.1	113.8	78.6	88.4	85.0
General and administrative expenses	84.8	95.7	149.1	122.1	113.8	78.6	88.4	85.0
Operating taxes							88.4	85.0
Other operating expenses [+]	-2.9	-241.5	-11.7	30.7	14.0	13.1	5.7	6.2
Exploration expenses	10.1	5.4	14.9	28.1	14.0	13.1	10.9	63.7
EBITDA [+]	630.2	457.4	448.2	1,142.3	718.9	713.0	931.5	741.2
EBITDA growth	37.8%	2.0%	-60.8%	58.9%	0.8%	-23.5%	25.7%	10.6%
EBITDA margin	65.6%	85.8%	51.0%	68.0%	59.6%	65.4%	67.8%	47.0%
Depreciation and amortization	483.4	448.0	593.8	548.6	452.9	342.6	537.8	247.9
EBIT [+]	146.8	9.4	-145.5	593.8	266.0	370.4	393.7	493.4
EBIT growth	1458.1%	-106.5%	-124.5%	123.2%	-28.2%	-5.9%	-20.2%	13.3%
EBIT margin	15.3%	1.8%	-16.6%	35.4%	22.1%	34.0%	28.7%	31.3%
Non-recurring items [+]	1.7	220.7	1,292.3	416.8	13.9	6.3
Asset impairment	1.7	220.7	1,292.3	416.8	13.9	6.3
Loss (gain) on sale of assets					1.0	1.7
Interest expense	38.4	36.9	43.1	37.8	39.7	47.6	44.8	39.2
Interest expense	38.4	36.9	43.1	37.8	39.7	47.6	44.8	39.2
Other income (expense), net [+]	0.6	1.0	0.2	1.2	3.8	1.6	1.8	3.6
Other non-operating income	0.6	1.0	0.2	1.2	3.8	1.6	2.2	4.3
Other non-ooperating expenses							-0.5	-0.6
Other	-0.6	-1.0	-0.2	1.2	3.8	1.6	1.8	3.6
Pre-tax income	107.4	-247.2	-1,480.7	140.4	216.2	318.2	350.6	457.8
Income taxes	-199.4	-79.6	-535.0	40.7	74.3	113.6	126.3	167.0
Tax rate		32.2%	36.1%	29.0%	34.4%	35.7%	36.0%	36.5%
Earnings from continuing ops	306.8	-167.5	-945.7	99.6	141.9	204.6	189.0	290.8
Earnings from discontinued ops				468.4	62.7	48.9	35.3
Net income	306.8	-167.5	-945.7	568.0	204.6	253.6	224.3	290.8
Net margin	31.9%	-31.4%	-107.6%	33.8%	17.0%	23.2%	16.3%	18.4%

Basic EPS [+]	$3.16	($1.77)	($12.43)	$1.37	$1.96	$2.84	$2.62	$4.05
Growth	-278.1%	-85.7%	-1009.4%	-30.3%	-30.9%	8.2%	-35.2%	13.2%
Diluted EPS [+]	$3.14	($1.77)	($12.43)	$1.36	$1.96	$2.83	$2.61	$4.04
Growth	-277.1%	-85.7%	-1014.1%	-30.5%	-30.8%	8.3%	-35.3%	13.2%

Dividends per share [+]			$0.08	$0.47	$0.58	$0.56	$0.54	$0.52
Growth		-100.0%	-83.0%	-19.0%	3.7%	3.7%	3.8%	4.0%

Shares outstanding (basic) [+]	97.2	94.5	76.1	72.9	72.3	72.1	72.1	71.8
Growth	2.9%	24.2%	4.4%	0.8%	0.3%	0.1%	0.3%	0.2%
Shares outstanding (diluted) [+]	97.7	94.5	76.1	73.3	72.5	72.3	72.3	72.1
Growth	3.4%	24.2%	3.8%	1.1%	0.2%	0.0%	0.4%	0.2%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.