Wunderlich Securities Comments on EV Energy Partners

Wunderlich Securities provided color on EV Energy Partners

in a research report published today. Wunderlich Securities has a Buy rating and $92 price target on the company. In the report, Wunderlich Securities stated, "Despite much lower crude prices, EV Energy's EBITDA and distributable cash flow still look strong enough to cover our distribution outlook for the next two years. This is primarily because of the partnership's hedging program and higher leverage to natural gas prices. We believe the partnership's operations and hedges can support the recent level of distribution increases for the next several years." Shares of EV Energy Partners closed Tuesday at $53.16.