EP Energy Corporation (EPE) Receives Average Rating of “Sell” from Analysts

Shares of EP Energy Corporation (NYSE:EPE) have earned a consensus recommendation of “Sell” from the sixteen research firms that are presently covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $3.70.

Several research firms recently commented on EPE. ValuEngine raised EP Energy from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. BMO Capital Markets reissued a “hold” rating and set a $3.00 price target on shares of EP Energy in a research report on Tuesday, August 8th. Zacks Investment Research lowered EP Energy from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 11th. BidaskClub raised EP Energy from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Finally, Jefferies Group LLC reissued an “underperform” rating and set a $1.00 price target on shares of EP Energy in a research report on Tuesday, October 10th.

A number of hedge funds have recently bought and sold shares of the business. Rhumbline Advisers increased its holdings in EP Energy by 0.6% during the 2nd quarter. Rhumbline Advisers now owns 58,536 shares of the energy producer’s stock worth $214,000 after purchasing an additional 375 shares during the last quarter. American International Group Inc. increased its holdings in EP Energy by 7.1% during the 1st quarter. American International Group Inc. now owns 23,840 shares of the energy producer’s stock worth $113,000 after purchasing an additional 1,581 shares during the last quarter. Alliancebernstein L.P. increased its holdings in EP Energy by 1.2% during the 1st quarter. Alliancebernstein L.P. now owns 170,762 shares of the energy producer’s stock worth $811,000 after purchasing an additional 2,100 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in EP Energy by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 809,282 shares of the energy producer’s stock worth $2,962,000 after purchasing an additional 2,919 shares during the last quarter. Finally, Wells Fargo & Company MN increased its holdings in EP Energy by 11.7% during the 2nd quarter. Wells Fargo & Company MN now owns 28,848 shares of the energy producer’s stock worth $106,000 after purchasing an additional 3,028 shares during the last quarter. Institutional investors own 69.50% of the company’s stock.

EP Energy (EPE) opened at $1.90 on Monday. EP Energy has a 52 week low of $1.85 and a 52 week high of $7.49. The company has a debt-to-equity ratio of 8.01, a quick ratio of 0.65 and a current ratio of 0.69.

EP Energy (NYSE:EPE) last released its quarterly earnings data on Wednesday, November 1st. The energy producer reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.01. The business had revenue of $219.00 million for the quarter, compared to analyst estimates of $264.90 million. EP Energy had a negative return on equity of 8.50% and a negative net margin of 25.44%. During the same period in the previous year, the company posted $0.10 EPS. sell-side analysts anticipate that EP Energy will post -0.46 EPS for the current year.

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EP Energy Company Profile

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).

Analyst Recommendations for EP Energy (NYSE:EPE)

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