EP Energy Corp major shareholder Buys $66,544,761 in Stock (EPE)
EP Energy Corp (NYSE:EPE) major shareholder Len Blavatnik purchased 3,666,378 shares of the company’s stock in a transaction that occurred on Tuesday, January 21st. The shares were purchased at an average price of $18.15 per share, for a total transaction of $66,544,760.70. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Shares of EP Energy Corp (NYSE:EPE) traded up 0.27% during mid-day trading on Thursday, hitting $18.75. The stock had a trading volume of 2,939,929 shares. EP Energy Corp has a one year low of $18.00 and a one year high of $19.99. The stock has a 50-day moving average of $18.4 and a 200-day moving average of $18.4.
EP Energy Corporation is an independent exploration and production company. It is engaged in the acquisition and development of unconventional onshore oil and natural gas properties in the United States.
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