EP Energy Corp. (EPE) Tops Q2 EPS by 3c
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EP Energy Reports Second Quarter 2016 Results With Continued Financial and Operational Improvement
August 3, 2016 4:10 PM EDTHOUSTON, Aug. 3, 2016 /PRNewswire/ --Â EP Energy Corporation (NYSE: EPE) today reported second quarter 2016 financial and operational results.
Second quarter 2016 results
45.1 thousand barrels of oil production per day (MBbls/d) $62 million net income / $256 million Adjusted EBITDAX $0.25 diluted earnings per share / $0.21 adjusted earnings per share (Adjusted EPS) Generated $26 million positive free cash flow and $148 million year-to-date June 30 / year-to-date $406 million operating cash flow along with cash capital expenditures of $258 million Continued well and operating cost reductions Restarted Wolfcamp... More