Seeking Alpha

EPL Oil & Gas +6.6% after favorable Barron's profile

  • A four-month slide in EPL Oil & Gas (EPL +6.6%) has left shares undervalued even as the company's production and reserves are growing, according to a Barron's weekend profile.
  • EPL will report 2013 results in a few weeks; although earnings are expected to fall to $2.81/share this year from $2.97 in 2013, primarily due to accounting-related charges, cash flow could rise 8% in 2014 to $11.45/share, driven by higher oil production.
Comments (1)
  • ive been buying shares for 3 months finally a up turn.go epl.long
    18 Feb, 12:11 PM Reply Like
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