EP Energy Corporation (NYSE:EPE) – Stock analysts at Jefferies Group issued their Q1 2019 earnings per share (EPS) estimates for shares of EP Energy Corporation in a report released on Monday. Jefferies Group analyst M. Lear expects that the energy producer will post earnings per share of ($0.10) for the quarter. Jefferies Group currently has a “Underperform” rating and a $1.00 target price on the stock. Jefferies Group also issued estimates for EP Energy Corporation’s Q2 2019 earnings at ($0.11) EPS and Q3 2019 earnings at ($0.11) EPS.

Other equities analysts have also recently issued reports about the company. Royal Bank Of Canada set a $7.00 target price on EP Energy Corporation and gave the stock a “buy” rating in a report on Saturday, June 17th. Citigroup Inc. cut EP Energy Corporation from a “neutral” rating to a “sell” rating and cut their target price for the stock from $4.00 to $3.00 in a report on Friday, July 21st. ValuEngine upgraded EP Energy Corporation from a “strong sell” rating to a “sell” rating in a report on Wednesday, July 19th. Scotiabank cut EP Energy Corporation from a “sector perform” rating to an “underperform” rating and cut their target price for the stock from $4.00 to $3.00 in a report on Thursday, June 29th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $3.00 target price on shares of EP Energy Corporation in a report on Tuesday, August 8th. Eight analysts have rated the stock with a sell rating, six have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. EP Energy Corporation presently has a consensus rating of “Hold” and an average target price of $3.77.

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Shares of EP Energy Corporation (NYSE:EPE) traded down 5.63% during mid-day trading on Wednesday, hitting $3.02. 1,052,474 shares of the stock were exchanged. The stock’s 50 day moving average price is $3.10 and its 200-day moving average price is $3.81. The stock’s market capitalization is $770.37 million. EP Energy Corporation has a 12-month low of $2.70 and a 12-month high of $7.49.

EP Energy Corporation (NYSE:EPE) last announced its quarterly earnings data on Wednesday, August 2nd. The energy producer reported ($0.10) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.12) by $0.02. The business had revenue of $296.00 million during the quarter, compared to the consensus estimate of $275.99 million. During the same period in the prior year, the firm earned $0.21 EPS.

A number of large investors have recently modified their holdings of the business. Rhumbline Advisers lifted its stake in EP Energy Corporation by 0.6% during the 2nd quarter. Rhumbline Advisers now owns 58,536 shares of the energy producer’s stock valued at $214,000 after acquiring an additional 375 shares in the last quarter. American International Group Inc. lifted its stake in EP Energy Corporation by 7.1% during the 1st quarter. American International Group Inc. now owns 23,840 shares of the energy producer’s stock valued at $113,000 after acquiring an additional 1,581 shares in the last quarter. Alliancebernstein L.P. lifted its stake in EP Energy Corporation by 1.2% during the 1st quarter. Alliancebernstein L.P. now owns 170,762 shares of the energy producer’s stock valued at $811,000 after acquiring an additional 2,100 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in EP Energy Corporation by 0.4% during the 2nd quarter. Dimensional Fund Advisors LP now owns 809,282 shares of the energy producer’s stock valued at $2,962,000 after acquiring an additional 2,919 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in EP Energy Corporation by 11.7% during the 2nd quarter. Wells Fargo & Company MN now owns 28,848 shares of the energy producer’s stock valued at $106,000 after acquiring an additional 3,028 shares in the last quarter. Institutional investors and hedge funds own 70.42% of the company’s stock.

EP Energy Corporation Company Profile

EP Energy Corporation (EP Energy) 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. It is involved in the development of its drilling inventory located in three areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas) and the Altamont Field in the Uinta Basin (Northeastern Utah).

Earnings History and Estimates for EP Energy Corporation (NYSE:EPE)

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