Brokerage Firm Rating on EP Energy Corporation (EPE)

EP Energy Corporation (EPE) has an average broker rating of 3.45, which is interpreted as a Hold, as rated by 15 equity analysts. Nevertheless, the majority of 10 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 3, which is also a Hold. 2 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 (EPE) has been rated by 12 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $7 and the lowest price target forecast is $3. The average forecast of all the analysts is $4.83 and the expected standard deviation is $1.34.


Company shares have received an average consensus rating of Hold for the current week EP Energy Corporation (NYSE:EPE): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $4.08 and $3.93 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $4.23. The buying momentum continued till the end and the stock did not give up its gains. It closed at $4.14, notching a gain of 4.02% for the day. The total traded volume was 2,507,848 . The stock had closed at $3.98 on the previous day.

In a related news,The officer (EVP & CFO) of Ep Energy Corp, Whitehead Dane E sold 008 shares at $5.81 on May 16, 2016. The Insider selling transaction had a total value worth of $046. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.