Zacks Rating on EV Energy Partners L.P. (EVEP)

EV Energy Partners L.P. (EVEP) has an average broker rating of 3.2, which is interpreted as a Hold, as rated by 5 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 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. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

EV Energy Partners L.P. (EVEP) : 3 Wall Street analysts covering EV Energy Partners L.P. (EVEP) believe that the average level the stock could reach for the short term is $2.5. The maximum price target given is $4 and the minimum target for short term is around $1, hence the standard deviation is calculated at $1.5.


Shares of EV Energy Partners LP rose by 4.2% in the last five trading days and 2.9% for the last 4 weeks. EV Energy Partners L.P. (NASDAQ:EVEP): stock turned positive on Tuesday. Though the stock opened at $2.4, the bulls momentum made the stock top out at $2.53 level for the day. The stock recorded a low of $2.4 and closed the trading day at $2.48, in the green by 1.64%. The total traded volume for the day was 133,357. The stock had closed at $2.44 in the previous days trading.

EV Energy Partners, L.P. is an upstream master limited partnership. The Company is engaged in the acquisition, operation, and development of oil and gas properties. The exploration and production operation is engaged in the acquisition, development and production of its oil and natural gas properties. The midstream operation consists of its investments in Utica East Ohio Midstream LLC (UEO). Its oil and natural gas properties were located in the Barnett Shale, the Appalachian Basin (which includes the Utica Shale), the Mid Continent areas in Oklahoma, Texas, Arkansas, Kansas and Louisiana, the Monroe Field in Northern Louisiana, the San Juan Basin, Michigan, Central Texas (which includes the Austin Chalk area), and the Permian Basin. It had estimated net proved reserves of approximately 11.9 MMBbls of oil, over 712.2 Bcf of natural gas and approximately 36.1 MMBbls of natural gas liquids. The Companys general partner is EV Energy GP, L.P. (EV Energy GP).

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