EP Energy Corporation (NYSE:EPE) – Equities researchers at Jefferies Group issued their Q3 2017 earnings per share (EPS) estimates for EP Energy Corporation in a research report issued to clients and investors on Monday. Jefferies Group analyst M. Lear anticipates that the energy producer will post earnings of ($0.12) per share 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 Q4 2017 earnings at ($0.10) EPS, FY2017 earnings at ($0.41) EPS, Q1 2018 earnings at ($0.11) EPS, Q2 2018 earnings at ($0.11) EPS, Q3 2018 earnings at ($0.09) EPS, Q4 2018 earnings at ($0.09) EPS, FY2018 earnings at ($0.40) EPS and FY2019 earnings at ($0.43) EPS.

Several other equities analysts also recently commented on EPE. Royal Bank Of Canada set a $7.00 price objective on shares of EP Energy Corporation and gave the company a “buy” rating in a research note on Saturday, June 17th. ValuEngine downgraded shares of EP Energy Corporation from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. BMO Capital Markets set a $3.00 price objective on shares of EP Energy Corporation and gave the company a “hold” rating in a research note on Tuesday. Stifel Nicolaus set a $3.00 price objective on shares of EP Energy Corporation and gave the company a “hold” rating in a research note on Thursday, October 5th. Finally, Zacks Investment Research downgraded shares of EP Energy Corporation from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Eight equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $3.77.

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Shares of EP Energy Corporation (NYSE:EPE) opened at 3.00 on Thursday. EP Energy Corporation has a 12-month low of $2.70 and a 12-month high of $7.49. The firm’s market cap is $765.00 million. The firm’s 50-day moving average is $3.10 and its 200-day moving average is $3.81.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. Rhumbline Advisers increased its position in shares of EP Energy Corporation by 0.6% during the second quarter. Rhumbline Advisers now owns 58,536 shares of the energy producer’s stock worth $214,000 after buying an additional 375 shares during the period. American International Group Inc. increased its position in shares of EP Energy Corporation by 7.1% during the first quarter. American International Group Inc. now owns 23,840 shares of the energy producer’s stock worth $113,000 after buying an additional 1,581 shares during the period. Alliancebernstein L.P. increased its position in shares of EP Energy Corporation by 1.2% during the first quarter. Alliancebernstein L.P. now owns 170,762 shares of the energy producer’s stock worth $811,000 after buying an additional 2,100 shares during the period. Dimensional Fund Advisors LP increased its position in shares of EP Energy Corporation by 0.4% during the second quarter. Dimensional Fund Advisors LP now owns 809,282 shares of the energy producer’s stock worth $2,962,000 after buying an additional 2,919 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of EP Energy Corporation by 11.7% during the second quarter. Wells Fargo & Company MN now owns 28,848 shares of the energy producer’s stock worth $106,000 after buying an additional 3,028 shares during the period. Institutional investors own 70.42% of the company’s stock.

About EP Energy Corporation

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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