EP Energy Corporation (NYSE:EPE) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $2.01 and last traded at $2.37, with a volume of 575000 shares changing hands. The stock had previously closed at $2.49.

A number of equities research analysts have recently issued reports on EPE shares. ValuEngine upgraded EP Energy Corporation from a “sell” rating to a “hold” rating in a research report on Thursday, November 9th. BidaskClub upgraded EP Energy Corporation from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Royal Bank Of Canada set a $5.00 price target on EP Energy Corporation and gave the company a “hold” rating in a research report on Thursday, August 24th. BMO Capital Markets restated a “hold” rating and issued a $3.00 price target on shares of EP Energy Corporation in a research report on Tuesday, August 8th. Finally, Zacks Investment Research upgraded EP Energy Corporation from a “hold” rating to a “buy” rating and set a $3.50 price target for the company in a research report on Monday, October 9th. Nine research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. EP Energy Corporation has an average rating of “Sell” and an average target price of $3.68.

The company has a debt-to-equity ratio of 8.01, a current ratio of 0.69 and a quick ratio of 0.65.

EP Energy Corporation (NYSE:EPE) last issued its quarterly earnings data on Wednesday, November 1st. The energy producer reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.01. The company had revenue of $219.00 million during the quarter, compared to analyst estimates of $264.90 million. EP Energy Corporation had a negative return on equity of 8.50% and a negative net margin of 25.44%. During the same period in the prior year, the business posted $0.10 earnings per share. analysts forecast that EP Energy Corporation will post -0.45 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. grew its position in EP Energy Corporation by 1.0% in the second quarter. JPMorgan Chase & Co. now owns 5,313,377 shares of the energy producer’s stock worth $19,447,000 after acquiring an additional 52,904 shares during the period. Vanguard Group Inc. lifted its stake in EP Energy Corporation by 0.3% during the second quarter. Vanguard Group Inc. now owns 3,459,190 shares of the energy producer’s stock worth $12,660,000 after purchasing an additional 9,068 shares in the last quarter. Northern Trust Corp lifted its stake in EP Energy Corporation by 1.8% during the second quarter. Northern Trust Corp now owns 1,794,632 shares of the energy producer’s stock worth $6,568,000 after purchasing an additional 32,018 shares in the last quarter. Parametric Portfolio Associates LLC lifted its stake in EP Energy Corporation by 1.1% during 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 in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in 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 purchasing an additional 2,919 shares in the last quarter. Institutional investors own 69.50% of the company’s stock.

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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).

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