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EP Energy sees $13 million November loss, $68.16 million in revenue
By Caroline Salls
Pittsburgh, Dec. 31 – EP Energy Corp. reported a $13 million net loss for November on $68.16 million in total revenue, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of Texas.
In comparison, EP Energy posted a $37.07 million net loss for October on $69.12 million in total revenue.
The company listed $79.88 million in cash and cash equivalents as of Nov. 30, down from $191 million at the end of October.
The oil and natural gas exploration and production company is based in Houston. The company filed bankruptcy on Oct. 3 under Chapter 11 case number 19-35654.
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