EP Energy Corp. (EPE) Misses Q3 EPS by 11c

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Go back to EP Energy Corp. (EPE) Misses Q3 EPS by 11c

EP Energy Reports Third Quarter 2016 With Strong Production Results and Continued Financial and Operational Improvements

October 26, 2016 4:10 PM EDT

HOUSTON, Oct. 26, 2016 /PRNewswire/ -- EP Energy Corporation (NYSE: EPE) today reported third quarter 2016 financial and operational results.

Third quarter 2016 Highlights

45.0 thousand barrels of oil production per day (MBbls/d) in line with second quarter of 2016 and ahead of expectations $43 million net loss / $250 million Adjusted EBITDAX $658 million operating cash flow along with cash capital expenditures of $398 million year-to-date / $260 million positive free cash flow year-to-date Continued well cost and operating cost reduction Higher Wolfcamp... More