EP Energy (NASDAQ:EPEG) Lifted to “Hold” at Zacks Investment Research

Share on StockTwits

Zacks Investment Research upgraded shares of EP Energy (NASDAQ:EPEG) from a sell rating to a hold rating in a research report released on Tuesday morning, Zacks.com reports.

According to Zacks, “EP Energy Corporation is involved in the acquisition and development of unconventional onshore oil and natural gas. The company’s assets consist of the Eagle Ford Shale in South Texas, the Wolfcamp Shale in Permian Basin in West Texas, the Altamont field in the Uinta Basin in Utah and the Haynesville Shale in North Louisiana. EP Energy Corporation is based in Houston, United States. “

Shares of NASDAQ:EPEG remained flat at $$0.04 during trading hours on Tuesday. 1,000 shares of the company’s stock were exchanged, compared to its average volume of 895,866. EP Energy has a 52 week low of $0.03 and a 52 week high of $2.55. The business’s 50-day moving average price is $0.06.

EP Energy (NASDAQ:EPEG) last posted its earnings results on Friday, August 9th. The company reported ($0.15) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.01. The company had revenue of $256.00 million during the quarter, compared to analysts’ expectations of $240.09 million.

About EP Energy

EP Energy Corporation, an independent exploration and production company, engages in the acquisition and development of unconventional onshore oil and natural gas properties in the United States. Its assets are located primarily in three areas, such as the Eagle Ford Shale in South Texas; Northeastern Utah in the Uinta basin; and the Permian basin in West Texas.

Recommended Story: What is a blue-chip stock?

Get a free copy of the Zacks research report on EP Energy (EPEG)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for EP Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EP Energy and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Penumbra  Price Target Raised to $195.00 at Wells Fargo & Co
Penumbra Price Target Raised to $195.00 at Wells Fargo & Co
Sun Life Financial  Price Target Raised to $59.00 at CIBC
Sun Life Financial Price Target Raised to $59.00 at CIBC
Great Western Bancorp Inc  To Go Ex-Dividend on November 14th
Great Western Bancorp Inc To Go Ex-Dividend on November 14th
PAYCENT Reaches 24-Hour Volume of $141,589.00
PAYCENT Reaches 24-Hour Volume of $141,589.00
BORA  Price Down 6.2% Over Last 7 Days
BORA Price Down 6.2% Over Last 7 Days
Jarvis Securities Plc  Declares Dividend of GBX 7.25
Jarvis Securities Plc Declares Dividend of GBX 7.25


© 2006-2019 Ticker Report