Enterprise GP Holdings LP (NYSE:EPE) Stock Sentiment Worsens

June 14, 2018 - By Marguerite Chambers

Sentiment for Enterprise GP Holdings LP (NYSE:EPE)

Enterprise GP Holdings LP (NYSE:EPE) institutional sentiment decreased to 0.7 in 2018 Q1. Its down -0.06, from 0.76 in 2017Q4. The ratio is negative, as 28 investment professionals opened new or increased stock positions, while 40 sold and reduced their holdings in Enterprise GP Holdings LP. The investment professionals in our partner’s database now possess: 171.52 million shares, down from 174.98 million shares in 2017Q4. Also, the number of investment professionals holding Enterprise GP Holdings LP in their top 10 stock positions was flat from 2 to 2 for the same number . Sold All: 11 Reduced: 29 Increased: 18 New Position: 10.

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 $685.20 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.

The stock decreased 3.20% or $0.09 during the last trading session, reaching $2.72. About 719,613 shares traded. EP Energy Corporation (NYSE:EPE) has declined 38.48% since June 14, 2017 and is downtrending. It has underperformed by 51.05% the S&P500.

Analysts await EP Energy Corporation (NYSE:EPE) to report earnings on August, 1. They expect $-0.04 EPS, up 60.00 % or $0.06 from last year’s $-0.1 per share. After $-0.07 actual EPS reported by EP Energy Corporation for the previous quarter, Wall Street now forecasts -42.86 % EPS growth.

Columbia Pacific Advisors Llc holds 2.55% of its portfolio in EP Energy Corporation for 1.47 million shares. Apollo Management Holdings L.P. owns 112.60 million shares or 1.4% of their US portfolio. Moreover, Riverstone Holdings Llc has 1.26% invested in the company for 31.28 million shares. The New York-based King Street Capital Management L.P. has invested 0.47% in the stock. Fir Tree Capital Management Lp, a New York-based fund reported 1.19 million shares.

EP Energy Corporation (NYSE:EPE) Ratings Coverage

Ratings analysis reveals 11% of EP Energy Corporation’s analysts are positive. Out of 9 Wall Street analysts rating EP Energy Corporation, 1 give it “Buy”, 1 “Sell” rating, while 7 recommend “Hold”. The lowest target is $100 while the high is $5.0. The stock’s average target of $2.54 is -6.62% below today’s ($2.72) share price. EPE was included in 12 notes of analysts from December 19, 2017. Wells Fargo maintained EP Energy Corporation (NYSE:EPE) on Monday, March 19 with “Market Perform” rating. The stock of EP Energy Corporation (NYSE:EPE) earned “Buy” rating by Robert W. Baird on Tuesday, January 2. As per Wednesday, April 11, the company rating was maintained by BMO Capital Markets. The stock of EP Energy Corporation (NYSE:EPE) earned “Outperform” rating by Robert W. Baird on Tuesday, December 19. On Monday, April 23 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by Bank of America with “Underperform” on Thursday, March 8. The rating was downgraded by KLR Group on Monday, May 14 to “Hold”. The firm earned “Hold” rating on Wednesday, December 20 by RBC Capital Markets. The firm has “Hold” rating given on Monday, January 29 by Stifel Nicolaus. The company was maintained on Thursday, January 11 by BMO Capital Markets.

EP Energy Corporation (NYSE:EPE) Institutional Positions Chart

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