enterprise

Enterprise GP (EPE) Stock Price Up 9% – Fairfield Current


Enterprise GP Holdings L.P. (NYSE:EPE)’s share price rose 9% during trading on Friday . The company traded as high as $0.75 and last traded at $0.73. Approximately 715,361 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 676,602 shares. The stock had previously closed at $0.67.

Several equities research analysts recently issued reports on EPE shares. Zacks Investment Research lowered Enterprise GP from a “hold” rating to a “sell” rating in a research note on Tuesday, December 25th. BMO Capital Markets reissued a “hold” rating and set a $2.00 price objective on shares of Enterprise GP in a research note on Tuesday, November 13th. One analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $2.32.

The company has a market cap of $188.27 million, a PE ratio of -1.88 and a beta of 3.15. The company has a quick ratio of 0.53, a current ratio of 0.56 and a debt-to-equity ratio of 13.55.

Large investors have recently bought and sold shares of the stock. Rhumbline Advisers boosted its stake in Enterprise GP by 36.6% during the fourth quarter. Rhumbline Advisers now owns 62,447 shares of the energy producer’s stock valued at $44,000 after buying an additional 16,730 shares during the period. Cpwm LLC purchased a new stake in Enterprise GP during the third quarter valued at about $289,000. Geode Capital Management LLC raised its position in Enterprise GP by 4.1% during the fourth quarter. Geode Capital Management LLC now owns 430,867 shares of the energy producer’s stock valued at $301,000 after purchasing an additional 16,821 shares in the last quarter. Marshall Wace LLP purchased a new stake in Enterprise GP during the third quarter valued at about $1,038,000. Finally, Paloma Partners Management Co raised its position in Enterprise GP by 131.3% during the third quarter. Paloma Partners Management Co now owns 625,001 shares of the energy producer’s stock valued at $1,462,000 after purchasing an additional 354,788 shares in the last quarter. 64.34% of the stock is owned by institutional investors.

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Enterprise GP Company Profile (NYSE:EPE)

EP Energy Corporation, an independent exploration and production company, engages in the exploration for and the acquisition, development, and production of oil, natural gas, and natural gas liquids in the United States. The company has interests in three primary areas, such as the Permian basin in West Texas; the Eagle Ford Shale in South Texas; and the Altamont Field in the Uinta basin in Northeastern Utah.

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