Pumping Oil, Fighting Raiders

Energen Corp. is feasting on a chunk of assets that could surpass Saudi Arabia’s Ghawar Field as the largest oil field in the world. The company also is being circled by some hungry activist investors.

Energen Corp., a Birmingham-based oil exploration and production company, is currently drilling in the largest petroleum basin in the U.S. The sixth largest publicly traded company in Alabama, Energen showed $961 million in revenue last year. The company’s success in the oil fields has coincided with consistent gains on Wall Street, and major investors have…

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