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.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EPE's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EPE's position in the market.
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.
