EP Energy Corp. (EPE) Reports Q1 EPS of $0.19

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Go back to EP Energy Corp. (EPE) Reports Q1 EPS of $0.19

EP Energy Reports Solid First Quarter 2016 Results And Significant Progress Improving Financial Position

May 4, 2016 4:11 PM EDT

HOUSTON, May 4, 2016 /PRNewswire/ -- EP Energy Corporation (NYSE: EPE) today reported first quarter 2016 financial and operational results.

First quarter 2016 results

50.8 thousand barrels of oil production per day (MBbls/d) $278 million Adjusted EBITDAX $0.19 adjusted earnings per share (Adjusted EPS) $0.80 Discretionary Cash Flow Per Share Adjusted cash operating costs of $8.71 per barrel of oil equivalent (Boe) $122 million of positive free cash flow Reduced well costs and increased operational performance

Significant progress in reducing debt and increasing... More