Welcome to our dedicated page for EPE news (Ticker: EPE), a resource for investors and traders seeking the latest updates and insights on EPE stock.
EP Energy Corp. (EPE) news coverage tracks developments from this Houston-based independent oil and gas producer operating across three major U.S. basins. As an exploration and production company focused on unconventional resources, EP Energy generates news related to drilling programs, production results, and operational updates from the Eagle Ford Shale, Uinta Basin, and Permian Basin.
Oil and gas producers like EP Energy face news cycles driven by commodity prices, drilling activity, and basin-specific developments. Coverage typically includes production volume announcements, capital expenditure plans, and operational efficiency improvements. The company's multi-basin strategy means news may originate from any of its three geographic operating areas, each with distinct market dynamics.
Independent E&P companies operate in a capital-intensive sector where financing decisions, hedging strategies, and reserve estimates significantly impact investor perception. EP Energy news may address acreage acquisitions, drilling permit activity, or infrastructure developments affecting its South Texas, Utah, and West Texas operations.
Follow EP Energy news to monitor developments from this unconventional resource developer and track how broader energy market conditions affect independent upstream operators.
EP Energy Corporation announced the successful closure of its divestiture of Southern Midland Basin assets on February 24, 2021. The Company's revised portfolio now includes approximately 410,000 gross (270,000 net) acres in the Uinta Basin and the Eagle Ford. For the fourth quarter of 2020, pro-forma average daily net production was 44,000 barrels of oil equivalent, with 28,000 barrels of oil per day. Post-transaction, net debt is approximately $95MM, and liquidity stands at $465MM, highlighting a robust financial position.
