Equities analysts predict that EP Energy Corporation (NYSE:EPE) will post earnings of ($0.11) per share for the current quarter, according to Zacks. Five analysts have made estimates for EP Energy Corporation’s earnings. The highest EPS estimate is ($0.07) and the lowest is ($0.20). EP Energy Corporation reported earnings of $0.10 per share in the same quarter last year, which indicates a negative year over year growth rate of 210%. The business is expected to announce its next quarterly earnings report on Wednesday, October 25th.

On average, analysts expect that EP Energy Corporation will report full year earnings of ($0.44) per share for the current financial year, with EPS estimates ranging from ($0.60) to ($0.37). For the next fiscal year, analysts anticipate that the business will post earnings of ($0.62) per share, with EPS estimates ranging from ($1.02) to ($0.39). Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that follow EP Energy Corporation.

EP Energy Corporation (NYSE:EPE) last posted its earnings results on Wednesday, August 2nd. The energy producer reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.02. The business had revenue of $296.00 million during the quarter, compared to the consensus estimate of $275.99 million. During the same period in the previous year, the firm earned $0.21 EPS.

Several analysts have weighed in on the stock. FBR & Co set a $5.00 price objective on shares of EP Energy Corporation and gave the stock a “hold” rating in a research note on Tuesday, May 16th. Stifel Nicolaus reiterated a “hold” rating and issued a $5.00 price objective on shares of EP Energy Corporation in a research note on Friday, May 26th. Credit Suisse Group cut shares of EP Energy Corporation from a “neutral” rating to an “underperform” rating in a research note on Thursday, June 1st. BidaskClub cut shares of EP Energy Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 10th. Finally, Scotiabank reiterated a “hold” rating and issued a $4.00 price objective on shares of EP Energy Corporation in a research note on Tuesday, June 6th. Nine analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $4.31.

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Several institutional investors have recently made changes to their positions in the stock. State Street Corp grew its holdings in shares of EP Energy Corporation by 3.4% during the 2nd quarter. State Street Corp now owns 674,288 shares of the energy producer’s stock valued at $2,469,000 after purchasing an additional 22,030 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of EP Energy Corporation by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 809,282 shares of the energy producer’s stock valued at $2,962,000 after purchasing an additional 2,919 shares during the last quarter. Virtu KCG Holdings LLC grew its holdings in shares of EP Energy Corporation by 86.4% during the 2nd quarter. Virtu KCG Holdings LLC now owns 82,065 shares of the energy producer’s stock valued at $300,000 after purchasing an additional 38,029 shares during the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of EP Energy Corporation by 1.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 817,432 shares of the energy producer’s stock valued at $2,992,000 after purchasing an additional 8,690 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of EP Energy Corporation by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,459,190 shares of the energy producer’s stock valued at $12,660,000 after purchasing an additional 9,068 shares during the last quarter. 70.42% of the stock is currently owned by institutional investors.

EP Energy Corporation (NYSE:EPE) traded up 4.55% during mid-day trading on Tuesday, reaching $2.99. 745,386 shares of the company were exchanged. The stock’s market capitalization is $762.45 million. The company’s 50 day moving average price is $3.19 and its 200-day moving average price is $4.01. EP Energy Corporation has a 12-month low of $2.70 and a 12-month high of $7.49.

About EP Energy Corporation

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 base of producing assets. It is involved in the development of its drilling inventory located in three areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas) and the Altamont Field in the Uinta Basin (Northeastern Utah).

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Earnings History and Estimates for EP Energy Corporation (NYSE:EPE)

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