Ep Energy Corp (EPE): Dane E Whitehead , EVP & CFO of Ep Energy Corp sold 8 shares on May 16, 2016. The Insider selling transaction was reported by the company on May 17, 2016 to the Securities and Exchange Commission. The shares were sold at $5.81 per share for a total value of $46.48 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Aug 5, 2015, Brent J Smolik (CEO) purchased 63,300 shares at $7.93 per share price.On Jan 6, 2015, Clayton A. Carrell (COO) purchased 1,300 shares at $9.07 per share price.
EP Energy Corp: On Monday, May 16, 2016 heightened volatility was witnessed in EP Energy Corp which led to swings in the share price. The shares opened for trading at $5.58 and hit $5.79 on the upside , eventually ending the session at $5.62, with a gain of 6.04% or 0.32 points. The heightened volatility saw the trading volume jump to 34,33,803 shares. The 52-week high of the share price is $14.15 and the company has a market cap of $1,420 M . The 52-week low of the share price is at $1.6.
Company has been under the radar of several Street Analysts.EP Energy Corp is Downgraded by Wolfe Research to Underperform. Earlier the firm had a rating of Peer Perform on the company shares. The Rating was issued on May 10, 2016.EP Energy Corp is Reiterated by Topeka Capital Markets to Hold and the brokerage firm has raised the Price Target to $ 6 from a previous price target of $3 .The Rating was issued on May 9, 2016.EP Energy Corp is Downgraded by JP Morgan to Neutral. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 15, 2016.EP Energy Corp is Downgraded by BofA/Merrill to Underperform. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Mar 22, 2016.EP Energy Corp is Downgraded by CapitalOne to Underweight. Earlier the firm had a rating of Equal Weight on the company shares. The Rating was issued on Mar 22, 2016.
EP Energy Corporation 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 located in four operating areas which include the Eagle Ford Shale the Wolfcamp Shale the Altamont field in the Uinta Basin Northeastern Utah and the Haynesville Shale. The Company had proved reserves of approximately 622 million barrels of oil equivalent (MMBoe) and had average production of 97734 Boe/d. Approximately 223 MMBoe of its total proved reserves are proved developed producing assets which generated an average production of over 97.7 MBoe/d in 2014 from approximately 1325 wells. It had approximately 321 MMBbls of proved oil reserves over 94 MMBbls of proved natural gas liquids (NGLs) reserves and about 1243 Bcf of proved natural gas reserves in the United States.