EP Energy (NYSE:EPE) was downgraded by ValuEngine from a “sell” rating to a “strong sell” rating in a report released on Friday.

EPE has been the topic of several other research reports. Tudor Pickering downgraded EP Energy from a “buy” rating to a “sell” rating in a research note on Tuesday, September 5th. Zacks Investment Research upgraded EP Energy from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a research report on Monday, October 9th. Stifel Nicolaus set a $3.00 target price on EP Energy and gave the stock a “hold” rating in a research report on Thursday, October 5th. Royal Bank Of Canada set a $5.00 target price on EP Energy and gave the stock a “hold” rating in a research report on Thursday, August 24th. Finally, J P Morgan Chase & Co downgraded EP Energy from a “neutral” rating to an “underweight” rating in a research report on Thursday, November 2nd. Nine equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company currently has an average rating of “Sell” and an average target price of $3.68.

EP Energy (EPE) remained flat at $$1.80 during mid-day trading on Friday. 1,250,000 shares of the company traded hands, compared to its average volume of 839,810. EP Energy has a 1-year low of $1.73 and a 1-year high of $7.49. The company has a quick ratio of 0.65, a current ratio of 0.69 and a debt-to-equity ratio of 8.01.

EP Energy (NYSE:EPE) last posted its quarterly earnings data on Wednesday, November 1st. The energy producer reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.01. EP Energy had a negative return on equity of 8.50% and a negative net margin of 25.44%. The business had revenue of $219.00 million for the quarter, compared to the consensus estimate of $264.90 million. During the same quarter in the prior year, the business earned $0.10 earnings per share. analysts anticipate that EP Energy will post -0.46 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC bought a new position in shares of EP Energy in the third quarter worth $160,000. State Street Corp increased its holdings in shares of EP Energy by 3.4% in the second quarter. State Street Corp now owns 674,288 shares of the energy producer’s stock worth $2,469,000 after purchasing an additional 22,030 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of EP Energy by 0.4% in the second quarter. Dimensional Fund Advisors LP now owns 809,282 shares of the energy producer’s stock worth $2,962,000 after purchasing an additional 2,919 shares during the period. Virtu KCG Holdings LLC increased its holdings in shares of EP Energy by 86.4% in the second quarter. Virtu KCG Holdings LLC now owns 82,065 shares of the energy producer’s stock worth $300,000 after purchasing an additional 38,029 shares during the period. Finally, Parametric Portfolio Associates LLC increased its holdings in shares of EP Energy by 1.1% in the second quarter. Parametric Portfolio Associates LLC now owns 817,432 shares of the energy producer’s stock worth $2,992,000 after purchasing an additional 8,690 shares during the period. 68.95% of the stock is currently owned by hedge funds and other institutional investors.

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EP Energy 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).

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Analyst Recommendations for EP Energy (NYSE:EPE)

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