EP Energy Corp. today reported second quarter 2019 financial and operational results. 2Q'19 Results: Equivalent production of 69.8 MBoe/d Oil production of 37.6 MBbls/d Net loss of $50 million, including $29 million gain on financial derivatives Adjusted EBITDAX of $148 million Oil and gas expenditures of $149 million, including $11 million acquisition capital Completed three horizontal wells in Northeastern Utah [...]
EP Energy Corp. has scheduled a webcast at 10:00 a.m. Eastern Time, 9:00 a.m. Central Time, on Friday, August 9 to discuss its second quarter 2019 financial and operational results. The company's second quarter earnings press release is scheduled to be issued before market-hours on Friday, August 9, 2019. The webcast may be accessed online through the company's website at epenergy.com in the Investor Center. A limited [...]
EP Energy Corp. today confirmed that the New York Stock Exchange has suspended trading in the Company's common stock, effective immediately, and has initiated proceeding to delist the common stock from the NYSE. The determination was based on "abnormally low" price levels of the Company's common stock pursuant to Section 802.01D of the NYSE Listed Company Manual. The NYSE stated that it will apply to the Securities and [...]
EP Energy Corp. today reported first quarter 2019 financial and operational results. 1Q'19 Results: Equivalent production of 73.2 MBoe/d Oil production of 39.4 MBbls/d Net loss of $140 million, including $95 million loss on financial derivatives Adjusted EBITDAX of $148 million Oil and gas expenditures of $154 million, including $4 million acquisition capital Adjusted oil and gas expenditures of $150 million Completed [...]
EP Energy Corp. has scheduled a webcast at 10:00 a.m. Eastern Time, 9:00 a.m. Central Time, on Thursday, May 9 to discuss its first quarter 2019 financial and operational results. The company's first quarter earnings press release is scheduled to be issued after the New York Stock Exchange closes trading on Wednesday, May 8, 2019. The webcast may be accessed online through the company's website at epenergy.com in the [...]
EP Energy Corp. today reported 2018 financial and operational results for the company. 2018 Key Results: Net Loss of $1,003 million including $1,103 million non-cash impairment charge Adjusted EBITDAX of $813 million 80.7 thousand barrels of oil equivalent per day , including 45.8 thousand barrels of oil production per day $984 million of oil and gas expenditures, including acquisitions and other capital of $340 million [...]
EP Energy Corp. has scheduled a webcast at 10:00 a.m. Eastern Time, 9:00 a.m. Central Time, on Friday, March 15 to discuss its fourth quarter 2018 and full year 2018 financial and operational results. The company's fourth quarter earnings press release is scheduled to be issued after the New York Stock Exchange closes trading on Thursday, March 14, 2019. The webcast may be accessed online through the company's website at [...]
EP Energy Corp. today announced that on January 3, 2019, EP Energy was notified by the New York Stock Exchange of its noncompliance with continued listing standards because the average closing price of its class A common stock over a prior 30 consecutive trading day period had fallen below $1.00 per share, which is the minimum average closing price per share required to maintain listing on the NYSE. In accordance with [...]
Russell Parker, president and chief executive officer of EP Energy Corp. , will present Wednesday, November 14, at the Bank of America Merrill Lynch Global Energy Conference in Miami, Florida. The presentation will begin at 4:00 p.m. EST, 3:00 p.m. CST with an audio webcast available on the Investor Center page of EP Energy's website at epenergy.com. Presentation slides will be available prior to the presentation on the [...]
EP Energy Corp. today reported third quarter 2018 financial and operational results. 3Q'18 Updates - Continuing to Execute Strategy with Focus on Value Creation and De-levering the Business Drilled and completed most productive oil well in company history in Northeastern Utah , formerly Altamont Drilled most productive Eagle Ford oil well and second most productive Permian oil well in company history Improved capital [...]
EP Energy Corp. has scheduled a webcast at 10:00 a.m. Eastern Time, 9:00 a.m. Central Time, on Thursday, November 8 to discuss its third quarter 2018 financial and operational results. The company's third quarter earnings press release is scheduled to be issued after the New York Stock Exchange closes trading on Wednesday, November 7, 2018. The webcast may be accessed online through the company's website at epenergy.com [...]
EP Energy Corp. today reported second quarter 2018 financial and operational results. 2Q'18 Updates - Executing Strategy to Drive Long-Term Value Creation Equivalent production of 82.5 MBoe/d Oil production of 47.2 MBbls/d Net Loss of $58MM Adjusted EBITDAX of $215MM Oil and Gas Expenditures of $203MM Completed 37 gross wells Lease Operating Expense of $4.95 per Boe New completion designs generating ~20% improvement in [...]