EP Energy Corporation (NYSE:EPE) : 11 Wall Street analysts covering EP Energy Corporation (NYSE:EPE) believe that the average level the stock could reach for the short term is $4.73. The maximum price target given is $7 and the minimum target for short term is around $3, hence the standard deviation is calculated at $1.66.
EP Energy Corporation has lost 18.17% in the last five trading days and dropped 4.78% in the last 4 weeks. EP Energy Corporation is up 28.54% in the last 3-month period. Year-to-Date the stock performance stands at 18.26%. Also, Deutsche Bank maintains their rating on the shares of EP Energy Corporation (NYSE:EPE). The current rating of the shares is Hold. Equity Analysts at the Firm raises the price target to $7 per share from $6 per share. The rating by the firm was issued on June 14, 2016.
EP Energy Corporation (NYSE:EPE) has an average broker rating of 3.73, which is interpreted as a Sell, as rated by 12 equity analysts. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy. 3 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 3 considers that the stock is a Sell.
EP Energy Corporation (NYSE:EPE): The stock opened at $5.73 on Thursday but the bulls could not build on the opening and the stock topped out at $5.74 for the day. The stock traded down to $5.14 during the day, due to lack of any buying support eventually closed down at $5.18 with a loss of -10.38% for the day. The stock had closed at $5.78 on the previous day. The total traded volume was 3,805,339 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged that Whitehead Dane E, officer (EVP & CFO) of Ep Energy Corp, had unloaded 008 shares at an average price of $5.81 in a transaction dated on May 16, 2016. The total value of the transaction was worth $046.
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 97,734 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 1,325 wells. It had approximately 321 MMBbls of proved oil reserves, over 94 MMBbls of proved natural gas liquids (NGLs) reserves and about 1,243 Bcf of proved natural gas reserves in the United States.