Zacks Rating on EP Energy Corporation (EPE)

EP Energy Corporation (EPE) : Zacks Investment Research ranks EP Energy Corporation (EPE) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 3 Sell recommendation. 2 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 9 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 3.48, which indicates as a Hold.

EP Energy Corporation (EPE) : 12 investment research analysts covering EP Energy Corporation (EPE) have an average price target of $4.75 for the near short term. The highest target price given by the Brokerage Firm to the stock is $7 and the lowest target is $3 for the short term. Analysts expect the variance to be within $1.29 of the average price.


EP Energy Corporation has dropped 0.88% in the last five trading days, however, the shares have posted positive gains of 11.17% in the last 4 weeks. EP Energy Corporation has dropped 9.49% during the last 3-month period . Year-to-Date the stock performance stands at 2.28%. EP Energy Corporation (NYSE:EPE): stock turned positive on Tuesday. Though the stock opened at $4.26, the bulls momentum made the stock top out at $4.55 level for the day. The stock recorded a low of $4.26 and closed the trading day at $4.48, in the green by 4.19%. The total traded volume for the day was 2,479,486. The stock had closed at $4.3 in the previous days trading.

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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

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