EP Energy Announces Fourth Quarter and Full Year 2016 Results; Improving Value with Increased Performance
EP Energy Corporation (NYSE:EPE) today reported fourth quarter and year-end 2016 financial and operational results for the company.
Key highlights include:
2016 Full Year Results
87.6 thousand barrels of oil equivalent per day (MBoe/d), including 46.6 thousand barrels of oil production per day (MBbls/d)$488 million of oil and gas expenditures - lower than company estimates98 completed wells - higher than company estimates$27 million net loss / $1,039 million Adjusted EBITDAXI...