EP Energy Corp. (EPE) Misses Q3 EPS by 11c
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EP Energy Reports Third Quarter 2016 With Strong Production Results and Continued Financial and Operational Improvements
October 26, 2016 4:10 PM EDTHOUSTON, Oct. 26, 2016 /PRNewswire/ --Â 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