July 12, 2014 10:47 PM ET

Oil, Gas and Consumable Fuels

Company Overview of EP Energy LLC

Company Overview

EP Energy LLC acquires, explores, develops, and produces oil, natural gas, and natural gas liquids primarily in the United States. The company’s oil and natural gas properties are located in the Eagle Ford Shale in South Texas; the Wolfcamp Shale in Permian Basin, in West Texas; the Altamont field in the Uinta Basin in northeastern Utah; and the Haynesville Shale in North Louisiana. As of December 31, 2013, it had proved reserves of 547.5 million barrels of oil equivalent. The company is headquartered in Houston, Texas. EP Energy LLC operates as a subsidiary of EPE Holdings LLC.

1001 Louisiana Street

Houston, TX 77002

United States

Phone:

713-997-1000

Key Executives for EP Energy LLC

Chairman of The Board - Ep Energy Corporation
Age: 53
Chief Financial Officer and Executive Vice President
Age: 53
Chief Operating Officer and Executive Vice President
Age: 49
Senior Vice President
Age: 49
Executive Vice President of Operations Services
Age: 45
Compensation as of Fiscal Year 2014.

EP Energy LLC Key Developments

EP Energy LLC Presents at 42nd Annual Howard Weil Energy Conference, Mar-26-2014

EP Energy LLC Presents at 42nd Annual Howard Weil Energy Conference, Mar-26-2014 . Venue: The Roosevelt New Orleans Hotel, 123 Baronne Street, New Orleans, LA 70112, United States. Speakers: Brent J. Smolik, Chairman of The Board - Ep Energy Corporation, Chief Executive Officer and President.

EP Energy LLC Announces Unaudited Consolidated Earnings Results for the Third Quarter and Year to Date Ended September 30, 2013; Reports Impairment for the Third Quarter Ended September 30, 2013

EP Energy LLC announced unaudited consolidated earnings results for the third quarter and year to date ended September 30, 2013. For the quarter, the company reported total operating revenues of $329 million compared to $145 million a year ago. Operating loss was $2 million compared to $105 million a year ago. Loss from continuing operations before income taxes was $110 million compared to $205 million a year ago. Loss from continuing operations was $110 million compared to $205 million a year ago. EBITDAX was $157 million compared to LBITDAX of $20 million a year ago. Adjusted EBITDAX was $315 million compared to $315 million a year ago. For the year to date, the company reported total operating revenues of $1,135 million, operating income of $221 million, loss from continuing operations before income taxes of $45 million and loss from continuing operations of $45 million against pro forma total operating revenues of $1,103 million, operating income of $241 million, income from continuing operations before income taxes of $69 million and loss from continuing operations of $65 million a year ago. EBITDAX was $682 million compared to $540 million a year ago. Adjusted EBITDAX was $859 million compared to $871 million a year ago. For the quarter, the company reported impairment of $2 million or $0.24 per unit.

EP Energy LLC to Report Q3, 2013 Results on Nov 13, 2013

EP Energy LLC announced that they will report Q3, 2013 results on Nov 13, 2013

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 11, 2013
Four Star Oil & Gas Company
 

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