EP Energy Corporation (EPE) Receiving Somewhat Favorable Press Coverage, Report Finds

News coverage about EP Energy Corporation (NYSE:EPE) has been trending somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. EP Energy Corporation earned a news impact score of 0.07 on Accern’s scale. Accern also assigned news articles about the energy producer an impact score of 45.6316738411364 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media stories that may have impacted Accern Sentiment’s rankings:

Several equities research analysts have commented on the stock. Royal Bank Of Canada set a $7.00 price target on shares of EP Energy Corporation and gave the stock a “buy” rating in a research report on Saturday, June 17th. Scotiabank cut shares of EP Energy Corporation from a “sector perform” rating to an “underperform” rating and cut their price target for the stock from $4.00 to $3.00 in a research report on Thursday, June 29th. ValuEngine raised shares of EP Energy Corporation from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 19th. Citigroup Inc. cut shares of EP Energy Corporation from a “neutral” rating to a “sell” rating and cut their price target for the stock from $4.00 to $3.00 in a research report on Friday, July 21st. Finally, Jefferies Group LLC set a $4.00 price target on shares of EP Energy Corporation and gave the stock a “sell” rating in a research report on Wednesday, July 19th. Nine analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $4.31.

EP Energy Corporation (NYSE:EPE) opened at 2.86 on Tuesday. The firm’s market capitalization is $729.30 million. EP Energy Corporation has a 1-year low of $2.70 and a 1-year high of $7.49. The stock’s 50 day moving average is $3.19 and its 200 day moving average is $4.01.

EP Energy Corporation (NYSE:EPE) last released its quarterly earnings results on Wednesday, August 2nd. The energy producer reported ($0.10) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $296 million for the quarter, compared to the consensus estimate of $275.99 million. During the same period in the previous year, the business earned $0.21 earnings per share.

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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).

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