On Jan. 6, EP Energy Corp. opened its initial public offering (IPO) of 40 million shares of common stock at an initial price per share of $23-$27, the company said. An additional 6 million shares were also offered to underwriters, the company said the same day.
The IPO was made through a prospectus, the company said, and joint book-running managers for it were Credit Suisse (NYSE: CS) and J.P. Morgan (NYSE: JPM), the company added.
Shares will trade on the New York Stock Exchange under the symbol “EPE,” the company added.
EP Energy Corp. is a Houston-based oil and gas exploration, development and production company.
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