Why Gic Private Ltd Reported Ep Energy Corp Position?

February 14, 2018 - By Adrian Mccoy

 Why Gic Private Ltd Reported Ep Energy Corp Position?

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.35, from 0.57 in 2017Q2. It increased, as 10 investors sold EP Energy Corporation shares while 28 reduced holdings. 14 funds opened positions while 21 raised stakes. 175.66 million shares or 1.91% less from 179.07 million shares in 2017Q2 were reported.

Perella Weinberg Capital Management Limited Partnership invested in 200,000 shares. Millennium Lc holds 0% of its portfolio in EP Energy Corporation (NYSE:EPE) for 45,000 shares. Citigroup owns 784 shares. Fiera Cap owns 0% invested in EP Energy Corporation (NYSE:EPE) for 100,000 shares. Bluecrest Capital Mgmt Limited owns 0% invested in EP Energy Corporation (NYSE:EPE) for 14,190 shares. Price T Rowe Associate Md stated it has 51,007 shares. Credit Suisse Ag has 33,420 shares. Ameritas Inv holds 0% or 3,016 shares in its portfolio. Dimensional Fund Advsr L P reported 638,929 shares. Invesco Ltd has 1.00 million shares for 0% of their portfolio. Moreover, Us Retail Bank De has 0% invested in EP Energy Corporation (NYSE:EPE). Tiaa Cref Inv Management Ltd Company holds 0% or 105,735 shares. D E Shaw And holds 64,019 shares or 0% of its portfolio. Columbia Pacific Advisors Ltd Liability Corp invested 4.28% in EP Energy Corporation (NYSE:EPE). Deutsche National Bank & Trust Ag owns 0% invested in EP Energy Corporation (NYSE:EPE) for 38,312 shares.

The New Gic Private Ltd Holding in Ep Energy Corp

Gic Private Ltd reported SC 13G/A form with the SEC for Ep Energy Corp. Access it here: 000119312518042513. As reported by Gic Private Ltd, the filler owns 4.91% or 12,509,968 shares of the Energy–company.

Ep Energy Corp stake is new for [reportingPerson]. Date of activity: December31, 2017. This shows Gic Private Ltd’s positive view for Ep Energy Corp.

Ep Energy Corp Institutional Sentiment

Filings show 125 investors own Ep Energy Corp. The ownership in Q3 2015 is high, at Infinity of the outstanding shares. This is increased by 15815814. 198333820 were owned by these investors. 27 funds opened new Ep Energy Corp stakes, 58 increased positions. There were 19 that closed positions and 26 reduced them.

3 investors had the stock in their top 10. Some are: Riverstone Holdings Llc, Columbia Pacific Advisors Llc, Apollo Management Holdings L.P…

Anthony Giammalva Sound Energy Partners Inc is an investor bullish on Ep Energy Corp, owning 250000 shares as of Q3 2015 for 2.60% of its portfolio. Todd J. Kantor Encompass Capital Advisors Llc owns 3102600 shares or 2.97% of its portfolio. NY Riverstone Holdings Llc have 11.06% of its portfolio for 31276726 shares. Further, Columbia Pacific Advisors Llc reported stake worth 3.42% of its portfolio. The NY Apollo Management Holdings Lp owns 112596207 shares. Ep Energy Corp is 14.23% of its portfolio.

Business 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). As of December 31, 2016, in its operating areas, the Company had identified 5,156 drilling locations (including 639 drilling locations to which it has attributed proved undeveloped reserves). As of December 31, 2016, the Company had proved reserves of 432.4 million barrels of oil equivalent (MMBoe) and an average net daily production of 87,641 barrel of oil equivalent per day (Boe/d).

SEC Form 13G.

Analysts await EP Energy Corporation (NYSE:EPE) to report earnings on March, 7. They expect $-0.12 EPS, down 200.00 % or $0.24 from last year’s $0.12 per share. After $-0.12 actual EPS reported by EP Energy Corporation for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

The stock decreased 1.65% or $0.03 during the last trading session, reaching $1.79. About 328,024 shares traded. EP Energy Corporation (NYSE:EPE) has declined 9.47% since February 14, 2017 and is downtrending. It has underperformed by 26.17% the S&P500.

EP Energy Corporation, an independent exploration and production company, engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States. The company has market cap of $450.21 million. The firm has interests in three primary areas, such as the Eagle Ford Shale located in South Texas; the Wolfcamp Shale located in Permian Basin in West Texas; and the Altamont Field located in the Uinta Basin in Northeastern Utah. It currently has negative earnings. As of December 31, 2016, it had proved reserves of 432.4 million barrels of oil equivalent and had average net daily production of 87,641 barrel of oil equivalent/per day.

EP Energy Corporation (NYSE:EPE) Ratings Coverage

Among 23 analysts covering EP Energy Corporation (NYSE:EPE), 3 have Buy rating, 7 Sell and 13 Hold. Therefore 13% are positive. EP Energy Corporation has $17 highest and $2.0 lowest target. $5.37’s average target is 200.00% above currents $1.79 stock price. EP Energy Corporation had 81 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, July 22 by Credit Suisse. BMO Capital Markets maintained the stock with “Hold” rating in Monday, August 7 report. Stifel Nicolaus maintained the stock with “Hold” rating in Monday, May 29 report. The firm has “Sell” rating given on Wednesday, July 19 by Jefferies. Goldman Sachs downgraded the shares of EPE in report on Friday, March 11 to “Sell” rating. The company was downgraded on Monday, February 22 by Northland Capital. The firm has “Neutral” rating given on Friday, April 15 by JP Morgan. The company was maintained on Friday, May 26 by FBR Capital. The stock of EP Energy Corporation (NYSE:EPE) earned “Buy” rating by Topeka Capital Markets on Monday, January 25. The stock of EP Energy Corporation (NYSE:EPE) has “Buy” rating given on Monday, October 19 by SunTrust.

More important recent EP Energy Corporation (NYSE:EPE) news were published by: Prnewswire.com which released: “EP Energy Provides 2018 Outlook Focused on Capital Efficiency and Improving …” on January 22, 2018, also Prnewswire.com published article titled: “EP Energy Announces Closing of Eagle Ford Acreage Acquisition and Divestiture …”, Seekingalpha.com published: “Durig Fixed Income: Over 16% YTM With EP Energy, Bonds Mature September 2022” on February 02, 2018. More interesting news about EP Energy Corporation (NYSE:EPE) was released by: Prnewswire.com and their article: “Bob Reeves and Bart Kalsu Join EP Energy Corporation’s Board of Directors” with publication date: January 29, 2018.

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