EPL Oil & Gas Inc. Hits New 52-Week High at $38.52 (EPL)
Shares of EPL Oil & Gas (NYSE:EPL) hit a new 52-week high during mid-day trading on Friday, AmericanBankingNews.com reports. The stock traded as high as $38.52 and last traded at $38.13, with a volume of 472,300 shares trading hands. The stock had previously closed at $36.20.
EPL has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of EPL Oil & Gas from $35.00 to $37.00 in a research note to investors on Tuesday, August 6th. They now have a “hold” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of EPL Oil & Gas from $37.00 to $40.00 in a research note to investors on Friday, August 2nd. They now have an “outperform” rating on the stock. One investment analyst has rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. EPL Oil & Gas has a consensus rating of “Buy” and a consensus price target of $37.08.
EPL Oil & Gas has a 1-year low of $19.31 and a 1-year high of $38.32. The stock’s 50-day moving average is $35.42 and its 200-day moving average is $32.24. The company has a market cap of $1.490 billion and a price-to-earnings ratio of 11.88.
EPL Oil & Gas (NYSE:EPL) last posted its quarterly earnings results on Thursday, August 1st. The company reported $0.91 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.96 by $0.05. The company had revenue of $184.10 million for the quarter, compared to the consensus estimate of $182.06 million. The company’s quarterly revenue was up 85.4% on a year-over-year basis. Analysts expect that EPL Oil & Gas will post $3.71 EPS for the current fiscal year.
EPL Oil & Gas, Inc, formerly Energy Partners, Ltd., is an independent oil and natural gas exploration and production company based in New Orleans, Louisiana and Houston, Texas.
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