EP Energy Corporation (NYSE:EPE) – Equities research analysts at Jefferies Group issued their Q1 2019 earnings per share estimates for shares of EP Energy Corporation in a note issued to investors on Monday. Jefferies Group analyst M. Lear expects that the energy producer will post earnings of ($0.10) 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 Q2 2019 earnings at ($0.11) EPS and Q3 2019 earnings at ($0.11) EPS.

EP Energy Corporation (NYSE:EPE) last announced its quarterly earnings data on Wednesday, August 2nd. The energy producer reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.02. The business had revenue of $296.00 million during the quarter, compared to analysts’ expectations of $275.99 million. During the same period in the prior year, the firm posted $0.21 EPS. TRADEMARK VIOLATION NOTICE: “Analysts Issue Forecasts for EP Energy Corporation’s Q1 2019 Earnings (EPE)” was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/10/12/analysts-issue-forecasts-for-ep-energy-corporations-q1-2019-earnings-epe.html.

EPE has been the topic of several other research reports. Tudor Pickering lowered shares of EP Energy Corporation from a “buy” rating to a “sell” rating in a research note on Tuesday, September 5th. Zacks Investment Research upgraded shares of EP Energy Corporation from a “hold” rating to a “buy” rating and set a $3.50 price target on the stock in a research note on Monday. Royal Bank Of Canada set a $5.00 price target on shares of EP Energy Corporation and gave the company a “hold” rating in a research note on Thursday, August 24th. ValuEngine lowered shares of EP Energy Corporation from a “hold” rating to a “sell” rating in a research note on Monday, October 2nd. Finally, Stifel Nicolaus set a $3.00 price target on shares of EP Energy Corporation and gave the company a “hold” rating in a research note on Thursday, October 5th. Eight 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 presently has a consensus rating of “Hold” and an average target price of $3.77.

Shares of EP Energy Corporation (NYSE EPE) traded down 5.67% during midday trading on Wednesday, reaching $2.83. The company’s stock had a trading volume of 956,826 shares. EP Energy Corporation has a 1-year low of $2.70 and a 1-year high of $7.49. The stock has a 50 day moving average of $3.10 and a 200-day moving average of $3.81. The company’s market capitalization is $721.65 million.

Several institutional investors have recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of EP Energy Corporation by 3.4% in the second quarter. State Street Corp now owns 674,288 shares of the energy producer’s stock valued at $2,469,000 after acquiring an additional 22,030 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of EP Energy Corporation by 0.4% in the second 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. Virtu KCG Holdings LLC boosted its holdings in shares of EP Energy Corporation by 86.4% in the second quarter. Virtu KCG Holdings LLC now owns 82,065 shares of the energy producer’s stock valued at $300,000 after acquiring an additional 38,029 shares in the last quarter. Parametric Portfolio Associates LLC boosted its holdings in shares of EP Energy Corporation by 1.1% in the second quarter. Parametric Portfolio Associates LLC now owns 817,432 shares of the energy producer’s stock valued at $2,992,000 after acquiring an additional 8,690 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of EP Energy Corporation by 0.3% in the second quarter. Vanguard Group Inc. now owns 3,459,190 shares of the energy producer’s stock valued at $12,660,000 after acquiring an additional 9,068 shares in the last quarter. Institutional investors and hedge funds 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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