Stifel Nicolaus set a $3.00 price target on EP Energy Corporation (NYSE:EPE) in a report released on Thursday. The brokerage currently has a hold rating on the energy producer’s stock.

A number of other research analysts have also weighed in on the stock. ValuEngine lowered shares of EP Energy Corporation from a hold rating to a sell rating in a research note on Monday, October 2nd. Tudor Pickering lowered shares of EP Energy Corporation from a buy rating to a sell rating in a research note on Tuesday, September 5th. Royal Bank Of Canada set a $5.00 target price on shares of EP Energy Corporation and gave the stock a hold rating in a research note on Thursday, August 24th. BMO Capital Markets reissued a hold rating and issued a $3.00 target price on shares of EP Energy Corporation in a research note on Tuesday, August 8th. Finally, BidaskClub raised shares of EP Energy Corporation from a sell rating to a hold rating in a research note on Monday, July 31st. Eight research analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a strong buy rating to the company. EP Energy Corporation presently has an average rating of Hold and an average target price of $4.07.

Shares of EP Energy Corporation (NYSE EPE) opened at 3.14 on Thursday. The firm’s 50-day moving average price is $3.09 and its 200 day moving average price is $3.83. The company’s market capitalization is $800.70 million. EP Energy Corporation has a 52 week low of $2.70 and a 52 week high of $7.49.

EP Energy Corporation (NYSE:EPE) last released its earnings results on Wednesday, August 2nd. The energy producer reported ($0.10) earnings per share for the quarter, topping 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 last year, the business earned $0.21 earnings per share.

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Several hedge funds and other institutional investors have recently made changes to their positions in the company. State Street Corp increased its holdings in shares of EP Energy Corporation by 3.4% during the 2nd quarter. State Street Corp now owns 674,288 shares of the energy producer’s stock worth $2,469,000 after buying an additional 22,030 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of EP Energy Corporation by 0.4% during the 2nd 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 last quarter. Virtu KCG Holdings LLC increased its holdings in shares of EP Energy Corporation by 86.4% during the 2nd quarter. Virtu KCG Holdings LLC now owns 82,065 shares of the energy producer’s stock worth $300,000 after buying an additional 38,029 shares during the last quarter. Parametric Portfolio Associates LLC increased its holdings in shares of EP Energy Corporation by 1.1% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 817,432 shares of the energy producer’s stock worth $2,992,000 after buying an additional 8,690 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of EP Energy Corporation by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 3,459,190 shares of the energy producer’s stock worth $12,660,000 after buying an additional 9,068 shares during the last quarter. Institutional investors and hedge funds own 70.42% of the company’s stock.

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).

Analyst Recommendations for EP Energy Corporation (NYSE:EPE)

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