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EP Energy Corp (NYSE:EPE) CEO Brent J. Smolik purchased 27,250 shares of EP Energy Corp stock on the open market in a transaction dated Friday, August 15th. The shares were purchased at an average price of $18.42 per share, for a total transaction of $501,945.00. Following the acquisition, the chief executive officer now directly owns 86,368 shares of the company’s stock, valued at approximately $1,590,899. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

EP Energy Corp (NYSE:EPE) opened at 18.83 on Wednesday. EP Energy Corp has a one year low of $16.00 and a one year high of $23.23. The stock has a 50-day moving average of $20.46 and a 200-day moving average of $19.78. The company has a market cap of $4.628 billion and a price-to-earnings ratio of 27.31.

EP Energy Corp (NYSE:EPE) last announced its earnings results on Wednesday, August 6th. The company reported $0.23 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.20 by $0.03. Analysts expect that EP Energy Corp will post $0.97 EPS for the current fiscal year.

A number of research firms have recently commented on EPE. Analysts at Deutsche Bank reiterated a “buy” rating on shares of EP Energy Corp in a research note on Tuesday, August 12th. They now have a $25.00 price target on the stock, up previously from $24.00. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of EP Energy Corp in a research note on Monday, August 11th. They now have a $24.00 price target on the stock, up previously from $23.50. Finally, analysts at Topeka Capital Markets raised their price target on shares of EP Energy Corp from $25.00 to $26.00 in a research note on Friday, August 1st. Four equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. EP Energy Corp currently has a consensus rating of “Buy” and a consensus price target of $25.54.

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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