EP Energy

OverviewSuggest Edit

EP Energy is an independent exploration and production company. It is engaged in the acquisition and development of unconventional onshore oil and natural gas properties.

TypePrivate
Founded2012
HQHouston, US
Websiteepenergy.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Feb 2019)372(-14%)
Job Openings1
Revenue (FY, 2019)$820 M(-38%)
Share Price (May 2019)$0.2
Cybersecurity ratingAMore

Key People/Management at EP Energy

Russell E. Parker

Russell E. Parker

Board Member, President and Chief Executive Officer
Kyle A. McCuen

Kyle A. McCuen

Senior Vice President and Chief Financial Officer
Jace D. Locke

Jace D. Locke

Vice President, General Counsel and Corporate Secretary
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EP Energy Office Locations

EP Energy has an office in Houston
Houston, US (HQ)
El Paso Energy Building, 1001 Louisiana St
Houston, US
601 Travis St #1400
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EP Energy Financials and Metrics

Summary Metrics

Founding Date

2012
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EP Energy Revenue

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EP Energy's revenue was reported to be $820 m in FY, 2019
USD

Revenue (FY, 2019)

820.0m

Gross profit (FY, 2019)

820.0m

Gross profit margin (FY, 2019), %

100%

Net income (FY, 2019)

(943.0m)

EBIT (FY, 2019)

(473.0m)

Cash (31-Dec-2019)

32.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.1b1.9b767.0m1.1b1.3b820.0m

Revenue growth, %

180%(60%)

Cost of goods sold

23.0m31.0m10.0m2.0m3.0m

Gross profit

3.1b1.9b757.0m1.1b1.3b820.0m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

390.0m276.0m953.0m493.0m189.0m753.0m224.0m100.0m255.0m327.0m296.0m219.0m286.0m265.0m294.0m134.0m256.0m247.0m

Cost of goods sold

3.0m5.0m8.0m7.0m8.0m9.0m4.0m3.0m2.0m1.0m1.0m3.0m

Gross profit

387.0m271.0m945.0m486.0m181.0m744.0m220.0m97.0m253.0m326.0m295.0m219.0m286.0m265.0m291.0m247.0m

Gross profit Margin, %

99%98%99%99%96%99%98%97%99%100%100%100%100%100%99%100%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

48.0m22.0m26.0m20.0m27.0m27.0m32.0m

Accounts Receivable

2.3m2.3m158.0m164.0m127.0m

Prepaid Expenses

35.0m5.0m

Inventories

20.0m25.0m24.0m16.0m16.0m22.0m42.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(256.0m)(3.7b)(27.0m)(194.0m)(1.0b)(943.0m)

Depreciation and Amortization

268.0m188.0m983.0m462.0m487.0m507.0m418.0m

Inventories

Accounts Payable

66.0m66.0m(70.0m)(22.0m)55.0m6.0m(72.0m)
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EP Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

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EP Energy Online and Social Media Presence

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EP Energy News and Updates

EP Energy Corporation Restructuring Plan Confirmed by Court

HOUSTON, March 6, 2020 /PRNewswire/ -- EP Energy Corporation ("EP Energy" or the "Company") (OTC Pink: EPEGQ) today announced that the United States Bankruptcy Court for the Southern District of Texas (the "Court") has confirmed the Company's Plan of Reorganization (the "Plan"). The...

EP Energy Reports Third Quarter 2019 Results

HOUSTON, Nov. 12, 2019 /PRNewswire/ -- EP Energy Corporation (OTC Pink: EPEGQ) today reported third quarter 2019 financial and operational results. 3Q'19 Results: Equivalent production of 67.2 MBoe/d Oil production of 37.9 MBbls/d Net loss of $620 million, including $32 million gain on...

EP Energy to Host Third Quarter Results Webcast on November 12

HOUSTON, Nov. 11, 2019 /PRNewswire/ -- EP Energy Corporation (OTC Pink: EPEGQ) has scheduled a webcast at 10:00 a.m. Eastern Time, 9:00 a.m. Central Time, on Tuesday, November 12 to discuss its third quarter 2019 financial and operational results. The company's third quarter earnings...

EP Energy Secures Plan Support Agreement with Key Creditors and Commitment for Significant New Money Investment

HOUSTON, Oct. 18, 2019 /PRNewswire/ -- EP Energy Corporation ("EP Energy" or the "Company") (OTC Pink: EPEGQ) today announced that it has entered into a Backstop Commitment Agreement (the "Backstop Agreement") and Plan Support Agreement (the "PSA") with a number of its key creditors on...

Apollo and Elliott Team Up to Save EP Energy Stake in Bankruptcy

Apollo and Elliott Team Up to Save EP Energy Stake in Bankruptcy

EP Energy Takes Action to Reduce its Debt Significantly and Strengthen its Balance Sheet

HOUSTON, Oct. 3, 2019 /PRNewswire/ -- EP Energy Corporation ("EP Energy" or the "Company") (OTC Pink: EPEG) today announced that it has voluntarily filed petitions for chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of Texas (the "Court"). EP Energy...
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EP Energy Frequently Asked Questions

  • When was EP Energy founded?

    EP Energy was founded in 2012.

  • Who are EP Energy key executives?

    EP Energy's key executives are Russell E. Parker, Kyle A. McCuen and Jace D. Locke.

  • How many employees does EP Energy have?

    EP Energy has 372 employees.

  • What is EP Energy revenue?

    Latest EP Energy annual revenue is $820 m.

  • What is EP Energy revenue per employee?

    Latest EP Energy revenue per employee is $2.2 m.

  • Who are EP Energy competitors?

    Competitors of EP Energy include Lonestar Resources US, Carrier Energy Partners and Whiting Petroleum.

  • Where is EP Energy headquarters?

    EP Energy headquarters is located at El Paso Energy Building, 1001 Louisiana St, Houston.

  • Where are EP Energy offices?

    EP Energy has an office in Houston.

  • How many offices does EP Energy have?

    EP Energy has 2 offices.