Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * AMBROSE RAYMOND J	2. Date of Event Requiring Statement (MM/DD/YYYY) 11/6/2017	3. Issuer Name and Ticker or Trading Symbol EP Energy Corp [EPE]
(Last)        (First)        (Middle) 1001 LOUISIANA STREET	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                            _____ 10% Owner ___ X ___ Officer (give title below)          _____ Other (specify below) Senior Vice President /
(Street) HOUSTON, TX 77002        (City)              (State)              (Zip)	5. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	150943   (1)	D

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units	(2)	(2)	Class A Common Stock	168000	(2)	D

Explanation of Responses:
(1)	Class A common stock granted under the EP Energy Corporation Employment Inducement Plan that vests ratably over four years, so long as the Reporting Person remains continuously employed by the Issuer.
(2)	Performance Share Units granted under the EP Energy Corporation Employment Inducement Plan that entitle the Reporting Person to receive up to 1,750,000 shares of the Issuer's Class A common stock depending on the performance of the Issuer's Class A common stock during the four-year performance period ending October 31, 2021. Vested shares of the Issuer's Class A common stock earned pursuant to the award will be issued to the Reporting Person within 60 days following each of October 31, 2021, October 31, 2022, and October 31, 2023 in accordance with the schedule set forth in the performance share unit grant notice and award agreement pursuant to which the Performance Share Units were granted.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
AMBROSE RAYMOND J 1001 LOUISIANA STREET HOUSTON, TX 77002			Senior Vice President

Signatures
/s/ Jace D. Locke, Attorney-in-Fact		11/8/2017
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.