EP Energy Corp. (NYSE:EPE) dropped 4.1% during mid-day trading on Thursday . The stock traded as low as $4.59 and last traded at $4.64, with a volume of 1,705,867 shares traded. The stock had previously closed at $4.84.

EPE has been the subject of several recent research reports. KLR Group lowered shares of EP Energy Corp. from a “buy” rating to an “accumulate” rating and set a $6.00 price objective for the company. in a research report on Monday, March 14th. Vetr raised shares of EP Energy Corp. from a “sell” rating to a “buy” rating and set a $4.33 price objective for the company in a research report on Thursday, April 7th. Zacks Investment Research raised shares of EP Energy Corp. from a “hold” rating to a “buy” rating and set a $6.50 price objective for the company in a research report on Wednesday, May 11th. Citigroup Inc. reissued a “hold” rating and issued a $4.50 price objective (up previously from $3.00) on shares of EP Energy Corp. in a research report on Thursday, April 7th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $7.00 price objective (up previously from $3.00) on shares of EP Energy Corp. in a research report on Wednesday, March 23rd. Seven equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $5.70.

The stock’s market cap is $1.12 billion. The firm has a 50 day moving average price of $5.51 and a 200-day moving average price of $4.45.

EP Energy Corp. (NYSE:EPE) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.01 by $0.18. During the same quarter in the prior year, the business posted $0.13 earnings per share.

Several institutional investors have recently added to or reduced their stakes in EPE. Sei Investments Co. purchased a new position in EP Energy Corp. during the fourth quarter worth approximately $1,663,000. First Trust Advisors LP raised its position in EP Energy Corp. by 76.6% in the fourth quarter. First Trust Advisors LP now owns 1,179,331 shares of the company’s stock worth $5,165,000 after buying an additional 511,528 shares in the last quarter. GSA Capital Partners LLP raised its position in EP Energy Corp. by 24.6% in the fourth quarter. GSA Capital Partners LLP now owns 305,933 shares of the company’s stock worth $1,340,000 after buying an additional 60,494 shares in the last quarter. Finally, Morgan Stanley raised its position in EP Energy Corp. by 15.1% in the fourth quarter. Morgan Stanley now owns 2,112,600 shares of the company’s stock worth $9,253,000 after buying an additional 277,823 shares in the last quarter.

EP Energy Corporation (EP Energy) is an independent exploration and production company. The Company is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. The Company operates through a diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana).

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