EP Energy Corp. (EPE) Trading Up 2.7%
EP Energy Corp. (NYSE:EPE)’s share price was up 2.7% on Thursday . The stock traded as high as $4.70 and last traded at $4.62, with a volume of 1,752,091 shares. The stock had previously closed at $4.50.
Several equities analysts have weighed in on EPE shares. Topeka Capital Markets raised their price target on EP Energy Corp. from $3.00 to $6.00 and gave the stock a “hold” rating in a research report on Monday, May 9th. Wolfe Research downgraded EP Energy Corp. from a “peer perform” rating to an “underperform” rating in a research report on Tuesday, May 10th. Zacks Investment Research downgraded EP Energy Corp. from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 7th. Northland Securities raised EP Energy Corp. from an “under perform” rating to a “market perform” rating in a research report on Friday, August 5th. Finally, KLR Group raised EP Energy Corp. from an “accumulate” rating to a “buy” rating and lowered their price objective for the company from $7.00 to $6.50 in a research report on Monday, July 18th. Eight analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $4.67.
The company has a 50-day moving average price of $4.28 and a 200 day moving average price of $4.55. The company’s market cap is $1.16 billion.
EP Energy Corp. (NYSE:EPE) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported $0.21 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.04. During the same period last year, the company posted $0.17 EPS.
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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