EP Energy Corp (NYSE:EPE) stock price target increased to $5.00, issued a report today by Goldman Sachs Group Inc.
- Updated: September 21, 2016
Yesterday EP Energy Corp (NYSE:EPE) traded -1.36% lower at $3.62. The company’s 50-day moving average is $4.16 and its 200-day moving average is $4.82. The last closing price is down -24.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,735,684 shares of the stock traded hands, down from an average trading volume of 3,027,290
In a report released on Wednesday September 21, 2016 Goldman Sachs Group Inc. increased the stock price target of EP Energy Corp (NYSE:EPE) from $3.62 to $5.00 indicating a possible upside of 0.38%.
Previously on 9/13/2016, FBR & Co. reported on EP Energy Corp (NYSE:EPE) increased the target price from $0.00 to $4.50. At the time, this indicated a possible upside of 0.06%.
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EP Energy Corp has a 52 week low of $1.60 and a 52 week high of $7.99 The company’s market cap is currently $0.
In addition to Goldman Sachs Group Inc. reporting its stock price target, a total of 4 brokers have issued a report on the company. The average stock price target is $57.50 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About EP Energy Corp (NYSE:EPE)
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 diverse base of producing assets and are focused on creating value through the development of its drilling inventory located in four areas: the Eagle Ford Shale (South Texas), the Wolfcamp Shale (Permian Basin in West Texas), the Altamont Field in the Uinta Basin (Northeastern Utah) and the Haynesville Shale (North Louisiana). In its operating areas, it has identified approximately 5,710 drilling locations (including over 860 drilling locations to which it has attributed proved undeveloped reserves). The Company has proved reserves of approximately 546.0 million barrels of oil equivalent (MMBoe) and it has an average net daily production of over 109,680 barrel of oil equivalent per day (Boe/d).
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