Employee Benefit Plans

9 Months Ended

Sep. 30, 2018

Retirement Benefits [Abstract]

Employee Benefit Plans

EMPLOYEE BENEFIT PLANS

Postretirement Benefit Plans

Energen provides certain postretirement benefits for all eligible employees hired prior to January 1, 2010. These postretirement benefits are available upon retirement as defined by the plan. The components of net periodic postretirement benefit income for Energen’s postretirement benefit plan were as follows:

	Three months ended September 30,
(in thousands)	2018			2017			Line item where presented
Components of net periodic benefit cost:
Service cost	$	16		$	18		General and administrative
Interest cost	53			57			Interest expense
Expected long-term return on assets	(51		)	(62		)	Other income
Prior service cost amortization	(113		)	(114		)	Other income
Actuarial loss amortization	31			2			Other income
Net periodic income	$	(64	)	$	(99	)

	Nine months ended September 30,
(in thousands)	2018			2017			Line item where presented
Components of net periodic benefit cost:
Service cost	$	48		$	53		General and administrative
Interest cost	160			170			Interest expense
Expected long-term return on assets	(152		)	(187		)	Other income
Prior service cost amortization	(340		)	(340		)	Other income
Actuarial loss amortization	93			7			Other income
Net periodic income	$	(191	)	$	(297	)

There are no required contributions to the postretirement benefit plan during 2018.