EP Energy Corporation (EPE) : During the past 4 weeks, traders have been relatively bearish on EP Energy Corporation (EPE), hence the stock is down -34.05% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.94% relative to the S&P 500. The 4-week change in the price of the stock is -31.17% and the stock has fallen -6.56% in the past 1 week. The stock has recorded a 20-day Moving Average of 21.58% and the 50-Day Moving Average is 23.63%.
EP Energy Corporation (NYSE:EPE): The stock opened at $4.30 on Friday but the bulls could not build on the opening and the stock topped out at $4.30 for the day. The stock traded down to $4.05 during the day, due to lack of any buying support eventually closed down at $4.13 with a loss of -2.36% for the day. The stock had closed at $4.23 on the previous day. The total traded volume was 2,876,334 shares.
The company Insiders own 1.4% of EP Energy Corporation shares according to the proxy statements. Institutional Investors own 76.41% of EP Energy Corporation shares. In a related news, Whitehead Dane E, officer (EVP & CFO) of Ep Energy Corp, unloaded 008 shares at an average price of $5.81 on May 16, 2016. The total amount of the transaction was worth $046, according to the disclosed information 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.