QEP Resources Company Profile (NYSE:QEP)

About QEP Resources (NYSE:QEP)

QEP Resources logoQEP Resources, Inc. is an independent crude oil and natural gas exploration and production company. The Company focuses on two regions of the United States: the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana). The Company conducts exploration and production activities in North America's hydrocarbon resource plays. The Company has an inventory of developed and undeveloped drilling locations in the Permian Basin in western Texas, the Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, the Pinedale Anticline (Pinedale) in western Wyoming, the Uinta Basin in eastern Utah and other properties in Wyoming, Utah and Colorado. It sells gas volumes to wholesale marketers, industrial users, local distribution companies and utilities. It sells oil and natural gas liquid (NGL) volumes to refiners, marketers and other companies.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:QEP
  • CUSIP: 74733V10
  • Web: www.qepres.com
Capitalization:
  • Market Cap: $2.51 billion
  • Outstanding Shares: 240,504,000
Average Prices:
  • 50 Day Moving Avg: $11.51
  • 200 Day Moving Avg: $15.40
  • 52 Week Range: $10.31 - $21.12
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -34.83
  • P/E Growth: -1.98
Sales & Book Value:
  • Annual Revenue: $1.54 billion
  • Price / Sales: 1.63
  • Book Value: $14.90 per share
  • Price / Book: 0.70
Profitability:
  • EBIDTA: $483.2 million
  • Net Margins: -79.57%
  • Return on Equity: -5.55%
  • Return on Assets: -2.68%
Debt:
  • Debt-to-Equity Ratio: 0.56%
  • Current Ratio: 3.26%
  • Quick Ratio: 3.23%
Misc:
  • Average Volume: 4.80 million shs.
  • Beta: 1.94
  • Short Ratio: 1.96
 

Frequently Asked Questions for QEP Resources (NYSE:QEP)

What is QEP Resources' stock symbol?

QEP Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "QEP."

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings data on Wednesday, April, 26th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.21) by $0.07. The firm had revenue of $420.10 million for the quarter, compared to analyst estimates of $402.16 million. QEP Resources had a negative net margin of 79.57% and a negative return on equity of 5.55%. The company's revenue for the quarter was up 60.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.53) earnings per share. View QEP Resources' Earnings History.

Where is QEP Resources' stock going? Where will QEP Resources' stock price be in 2017?

15 brokers have issued 1 year target prices for QEP Resources' shares. Their forecasts range from $13.00 to $33.00. On average, they anticipate QEP Resources' share price to reach $22.33 in the next twelve months. View Analyst Ratings for QEP Resources.

What are analysts saying about QEP Resources stock?

Here are some recent quotes from research analysts about QEP Resources stock:

  • 1. According to Zacks Investment Research, "With natural gas and oil prices remaining weak, QEP's core business – exploration and production – has been facing high degree of volatility. As a result, the company has been able to extract less value for its products. This, in turn, has adversely affected the group’s earnings and cash flows. QEP’s valuation has also been negatively impacted by its natural gas-heavy production mix. Additionally, the energy company's decision to suspend dividend due to market weakness has further contributed to negative outlook by the investors. To make matters worse, QEP halved its 2016 growth plans and plans to rapidly reduce its operating rig count. Given these headwinds, we see QEP as a risky bet that ordinary investors should exit." (10/19/2016)
  • 2. Simmons analysts commented, "will deliver oil production growth of 8 percent above peers (CRZO, NFX, SM, WLL, WPX)." (6/15/2016)

Who are some of QEP Resources' key competitors?

Who owns QEP Resources stock?

QEP Resources' stock is owned by a number of of retail and institutional investors. Top institutional investors include Wellington Management Group LLP (9.56%), BlackRock Inc. (8.30%), Vanguard Group Inc. (8.26%), Boston Partners (5.46%), State Street Corp (3.85%) and Alliancebernstein L.P. (3.18%). Company insiders that own QEP Resources stock include Charles B Stanley, Christopher K Woosley and Phillips S Baker Jr. View Institutional Ownership Trends for QEP Resources.

Who sold QEP Resources stock? Who is selling QEP Resources stock?

QEP Resources' stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, AQR Capital Management LLC, RE Advisers Corp, Dimensional Fund Advisors LP, Bank of New York Mellon Corp, Nationwide Fund Advisors, First Trust Advisors LP and Cornerstone Capital Management Holdings LLC.. View Insider Buying and Selling for QEP Resources.

Who bought QEP Resources stock? Who is buying QEP Resources stock?

QEP Resources' stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Boston Partners, Wellington Management Group LLP, Caymus Capital Partners L.P., Alliancebernstein L.P., Wedge Capital Management L L P NC, Mackenzie Financial Corp and Vanguard Group Inc.. Company insiders that have bought QEP Resources stock in the last two years include Charles B Stanley and Phillips S Baker Jr. View Insider Buying and Selling for QEP Resources.

How do I buy QEP Resources stock?

Shares of QEP Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of QEP Resources stock cost?

One share of QEP Resources stock can currently be purchased for approximately $10.45.

Analyst Ratings

Consensus Ratings for QEP Resources (NYSE:QEP) (?)
Ratings Breakdown: 3 Hold Ratings, 11 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.87)
Consensus Price Target: $22.33 (113.72% upside)

Analysts' Ratings History for QEP Resources (NYSE:QEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/28/2017KLR GroupBoost Price TargetBuy$22.00 -> $23.00LowView Rating Details
4/22/2017Barclays PLCReiterated RatingOverweight$20.00 -> $16.00MediumView Rating Details
4/15/2017FBR & CoSet Price TargetBuy$24.00 -> $20.00LowView Rating Details
4/12/2017Stifel NicolausInitiated CoverageBuy -> Buy$21.00HighView Rating Details
3/21/2017MizuhoDowngradeBuy -> Neutral$13.00HighView Rating Details
3/7/2017Deutsche Bank AGLower Price TargetBuy$22.00 -> $18.00N/AView Rating Details
2/10/2017Wells Fargo & CoUpgradeMarket Perform -> OutperformN/AView Rating Details
1/12/2017ScotiabankUpgradeOutperform -> Focus Stock$31.00 -> $33.00N/AView Rating Details
10/7/2016Evercore ISIInitiated CoverageHold$22.00N/AView Rating Details
10/6/2016Goldman Sachs Group IncInitiated CoverageNeutral$21.00N/AView Rating Details
7/18/2016BMO Capital MarketsUpgradeMarket Perform -> Outperform$18.00 -> $24.00N/AView Rating Details
6/22/2016Cantor FitzgeraldReiterated RatingBuyN/AView Rating Details
6/22/2016Drexel HamiltonReiterated RatingBuy$33.00N/AView Rating Details
6/15/2016SimmonsUpgradeNeutral -> Overweight$20.00 -> $24.00N/AView Rating Details
6/14/2016Piper Jaffray CompaniesUpgradeNeutral -> OverweightN/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/29/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$27.00N/AView Rating Details
4/12/2016JPMorgan Chase & Co.Initiated CoverageOverweight$17.00N/AView Rating Details
2/29/2016SunTrust Banks, Inc.Lower Price TargetNeutral$12.00N/AView Rating Details
10/30/2015Cowen and CompanyBoost Price Target$18.00 -> $22.00N/AView Rating Details
8/19/2015Capital One Financial Corp.Lower Price Target$29.00 -> $27.00N/AView Rating Details
8/14/2015Howard WeilLower Price Target$30.00 -> $29.00N/AView Rating Details
8/8/2015Imperial CapitalReiterated RatingBuyN/AView Rating Details
(Data available from 5/26/2015 forward)

Earnings

Earnings History for QEP Resources (NYSE:QEP)
Earnings by Quarter for QEP Resources (NYSE:QEP)
Earnings History by Quarter for QEP Resources (NYSE:QEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017Q1 2017($0.21)($0.14)$402.16 million$420.10 millionViewN/AView Earnings Details
2/22/2017Q4 2016($0.22)($0.15)$395.90 million$399.70 millionViewListenView Earnings Details
10/26/2016Q3($0.24)($0.21)$359.53 million$382.40 millionViewListenView Earnings Details
7/27/2016Q2($0.35)($0.23)$362.17 million$333.70 millionViewListenView Earnings Details
4/27/2016Q116($0.60)($0.53)$393.22 million$261.30 millionViewListenView Earnings Details
2/24/2016Q4($0.12)($0.01)$595.37 million$468.30 millionViewListenView Earnings Details
10/28/2015Q315($0.10)$0.01$606.86 million$536.70 millionViewListenView Earnings Details
8/3/2015Q215($0.10)$0.09$535.05 million$608.60 millionViewN/AView Earnings Details
4/29/2015Q115($0.30)($0.05)$650.40 million$491.60 millionViewN/AView Earnings Details
2/24/2015Q414$0.24$0.22$848.37 million$799.60 millionViewN/AView Earnings Details
11/5/2014Q314$0.26$0.41$755.90 million$910.00 millionViewListenView Earnings Details
8/6/2014Q214$0.33$0.38$766.76 million$936.70 millionViewListenView Earnings Details
5/8/2014Q114$0.25$0.38$689.47 million$883.90 millionViewListenView Earnings Details
2/25/2014Q413$0.23$0.17$821.40 million$715.00 millionViewListenView Earnings Details
11/6/2013Q313$0.39$0.36$795.37 million$772.80 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.35$0.34$823.93 million$751.00 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.30$0.28$785.62 million$696.50 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.31$0.33$674.39 millionViewListenView Earnings Details
10/30/2012Q312$0.35$0.19$619.20 million$542.40 millionViewN/AView Earnings Details
7/31/2012$0.33$0.31ViewN/AView Earnings Details
2/22/2012$0.43$0.58ViewN/AView Earnings Details
10/25/2011$0.38$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for QEP Resources (NYSE:QEP)
2017 EPS Consensus Estimate: ($0.77)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.21)($0.16)($0.19)
Q2 20172($0.22)($0.18)($0.20)
Q3 20172($0.21)($0.20)($0.21)
Q4 20172($0.18)($0.16)($0.17)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for QEP Resources (NYSE:QEP)
Most Recent Dividend:12/7/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for QEP Resources (NYSE:QEP)

Dividend History by Quarter for QEP Resources (NYSE:QEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/26/2015quarterly$0.020.57%11/13/201511/17/201512/7/2015
7/27/2015quarterly$0.020.61%8/14/20158/18/20159/4/2015
5/11/2015quarterly$0.020.39%5/21/20155/26/20156/5/2015
2/13/2015quarterly$0.020.35%2/20/20152/24/20153/6/2015
11/4/2014quarterly$0.020.33%11/12/201411/14/201412/5/2014
7/29/2014quarterly$0.020.24%8/14/20148/18/20149/5/2014
5/13/2014quarterly$0.020.26%5/21/20145/23/20146/6/2014
2/14/2014quarterly$0.020.25%2/21/20142/25/20143/7/2014
10/29/2013quarterly$0.020.24%11/15/201311/19/201312/6/2013
7/30/2013quarterly$0.020.26%8/16/20138/20/20139/6/2013
5/24/2013quarterly$0.020.28%5/30/20136/3/20136/22/2013
2/14/2013quarterly$0.020.27%2/21/20132/25/20133/7/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for QEP Resources (NYSE:QEP)
Insider Ownership Percentage: 1.36%
Institutional Ownership Percentage: 90.76%
Insider Trades by Quarter for QEP Resources (NYSE:QEP)
Institutional Ownership by Quarter for QEP Resources (NYSE:QEP)
Insider Trades by Quarter for QEP Resources (NYSE:QEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/24/2017Phillips S Baker JrDirectorBuy7,000$14.21$99,470.00View SEC Filing  
6/30/2016Charles B. StanleyCEOBuy16,763$17.85$299,219.55View SEC Filing  
3/8/2016Christopher K WoosleyVPSell1,717$10.24$17,582.08View SEC Filing  
11/14/2014David A TriceDirectorBuy5,000$23.83$119,150.00View SEC Filing  
4/17/2014Abigail JonesVPSell4,154$32.00$132,928.00View SEC Filing  
4/3/2014Abigail JonesVPSell4,154$31.00$128,774.00View SEC Filing  
4/1/2014Abigail JonesVPSell4,154$30.00$124,620.00View SEC Filing  
3/17/2014David TriceDirectorBuy2,500$28.40$71,000.00View SEC Filing  
2/28/2014Thomas OconnorDirectorBuy5,000$28.91$144,550.00View SEC Filing  
11/6/2013Abigail JonesVPSell3,300$32.00$105,600.00View SEC Filing  
9/6/2013Kendall K CarboneVPSell1,654$28.59$47,287.86View SEC Filing  
11/14/2012Keith O RattieDirectorSell23,000$28.13$646,990.00View SEC Filing  
10/5/2012Keith O RattieDirectorSell5,198$32.50$168,935.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for QEP Resources (NYSE:QEP)
Latest Headlines for QEP Resources (NYSE:QEP)
Source:
DateHeadline
finance.yahoo.com logoEnergy Calendar for Oil and Gas Traders: May 22–26
finance.yahoo.com - May 22 at 6:32 PM
finance.yahoo.com logoWill Cushing Crude Oil Inventories Fall for 5th Consecutive Week?
finance.yahoo.com - May 15 at 3:41 PM
americanbankingnews.com logo Analysts Expect QEP Resources Inc (QEP) Will Announce Quarterly Sales of $424.88 Million
www.americanbankingnews.com - May 14 at 11:14 AM
americanbankingnews.com logo-$0.18 EPS Expected for QEP Resources Inc (QEP) This Quarter
www.americanbankingnews.com - May 12 at 10:24 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - May 9 at 10:52 AM
finance.yahoo.com logoQEP Resources (QEP) Posts Narrower-than-Expected Loss in Q1
finance.yahoo.com - May 2 at 5:14 PM
americanbankingnews.com logoQEP Resources (QEP) Receives Daily Media Impact Score of 0.12
www.americanbankingnews.com - May 2 at 11:40 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Expected to Earn FY2019 Earnings of $0.19 Per Share
www.americanbankingnews.com - May 1 at 2:36 PM
americanbankingnews.com logoCapital One Financial Corp. Weighs in on QEP Resources Inc's FY2018 Earnings (QEP)
www.americanbankingnews.com - May 1 at 1:44 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for QEP Resources Inc (QEP) Issued By FBR & Co
www.americanbankingnews.com - May 1 at 8:50 AM
finance.yahoo.com logoEdited Transcript of QEP earnings conference call or presentation 27-Apr-17 1:00pm GMT
finance.yahoo.com - April 29 at 7:50 PM
americanbankingnews.com logoQEP Resources (QEP) Getting Somewhat Positive News Coverage, Analysis Shows
www.americanbankingnews.com - April 29 at 6:58 PM
americanbankingnews.com logoKLR Group Reiterates "Buy" Rating for QEP Resources Inc (QEP)
www.americanbankingnews.com - April 29 at 1:05 AM
finance.yahoo.com logoETFs with exposure to QEP Resources, Inc. : April 28, 2017
finance.yahoo.com - April 28 at 8:26 PM
seekingalpha.com logoQEP Resources (QEP) Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 27 at 7:53 PM
finance.yahoo.com logoQEP Resources, Inc. :QEP-US: Earnings Analysis: Q1, 2017 By the Numbers : April 27, 2017
finance.yahoo.com - April 27 at 7:53 PM
rttnews.com logoEARNINGS SUMMARY: Details of QEP Resources, Inc. Q1 Earnings Report
www.rttnews.com - April 27 at 10:47 AM
reuters.com logoBRIEF-QEP Resources reports Q1 adjusted non-gaap loss per share $0.14
www.reuters.com - April 27 at 10:47 AM
seekingalpha.com logoQEP Resources, Inc. 2017 Q1 - Results - Earnings Call Slides
seekingalpha.com - April 27 at 10:47 AM
americanbankingnews.com logoQ1 2017 EPS Estimates for QEP Resources Inc (QEP) Lowered by Capital One Financial Corp.
www.americanbankingnews.com - April 27 at 7:36 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Issues Earnings Results, Beats Estimates By $0.07 EPS
www.americanbankingnews.com - April 26 at 10:06 PM
americanbankingnews.com logoQEP Resources (QEP) Receives Coverage Optimism Score of 0.08
www.americanbankingnews.com - April 26 at 9:58 PM
marketbeat.com logoQEP Resources tops Street 1Q forecasts
marketbeat.com - April 26 at 6:09 PM
finance.yahoo.com logoQEP Resources Reports First Quarter 2017 Financial and Operating Results
finance.yahoo.com - April 26 at 5:52 PM
finance.yahoo.com logoUS Dollar Could Support Crude Oil Prices This Week
finance.yahoo.com - April 24 at 5:54 PM
americanbankingnews.com logoQEP Resources (QEP) Given Daily Media Impact Rating of 0.31
www.americanbankingnews.com - April 23 at 10:45 PM
americanbankingnews.com logoQEP Resources Inc (QEP) Expected to Post Quarterly Sales of $404.19 Million
www.americanbankingnews.com - April 23 at 9:53 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Receives "Overweight" Rating from Barclays PLC
www.americanbankingnews.com - April 22 at 7:09 AM
americanbankingnews.com logo Analysts Expect QEP Resources Inc (QEP) Will Announce Earnings of -$0.21 Per Share
www.americanbankingnews.com - April 21 at 8:55 AM
bloomberg.com logoWhy Exxon Is Giving Its Shale Unit a Long Leash
www.bloomberg.com - April 20 at 7:32 PM
finance.yahoo.com logoEIA’s Gasoline Inventories Could Surprise Traders
finance.yahoo.com - April 19 at 9:42 AM
nasdaq.com logoShares of QEP Now Oversold
www.nasdaq.com - April 18 at 9:36 AM
finance.yahoo.com logoAnalyzing OPEC’s Crude Oil Production Cut Deal
finance.yahoo.com - April 18 at 9:36 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Now Covered by Analysts at Stifel Nicolaus
www.americanbankingnews.com - April 18 at 9:16 AM
americanbankingnews.com logoFBR & Co Analysts Give QEP Resources Inc (QEP) a $20.00 Price Target
www.americanbankingnews.com - April 17 at 12:52 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 14 at 12:08 PM
247wallst.com logoValeant, Sorrento Pharmaceuticals Tumble into Thursday’s 52-Week Low Club
247wallst.com - April 13 at 7:15 PM
americanbankingnews.com logoNegative Press Coverage Likely to Effect QEP Resources (QEP) Stock Price
www.americanbankingnews.com - April 13 at 10:43 AM
americanbankingnews.com logoQEP Resources Inc (QEP) Coverage Initiated by Analysts at Stifel Nicolaus
www.americanbankingnews.com - April 12 at 6:27 PM
finance.yahoo.com logoThompson Rubinstein Investment Management Inc Buys QEP Resources - Yahoo Finance
finance.yahoo.com - April 8 at 12:01 PM
finance.yahoo.com logoUS Distillate Inventories: Bullish for Diesel and Oil Prices?
finance.yahoo.com - April 7 at 12:10 PM
finance.yahoo.com logoWhy Is QEP Resources (QEP) Down 18.3% Since the Last Earnings Report?
finance.yahoo.com - March 30 at 7:40 PM
globenewswire.com logoQEP Resources Announces First Quarter 2017 Financial and Operational Results Release Date and Conference Call - GlobeNewswire (press release)
globenewswire.com - March 30 at 1:21 AM
feeds.benzinga.com logoQEP Resources Announces First Quarter 2017 Financial and Operational Results Release Date and Conference Call
feeds.benzinga.com - March 28 at 4:49 PM
americanbankingnews.com logoQEP Resources Inc (QEP) Downgraded to "Neutral" at Mizuho
www.americanbankingnews.com - March 25 at 5:07 PM
americanbankingnews.com logoQEP Resources Inc (QEP) PT Lowered to $18.00 at Deutsche Bank AG
www.americanbankingnews.com - March 13 at 2:48 PM
streetinsider.com logoForm 4 QEP RESOURCES, INC. For: Mar 06 Filed by: STANLEY CHARLES B
www.streetinsider.com - March 9 at 2:14 AM
streetinsider.com logoForm 4 QEP RESOURCES, INC. For: Mar 06 Filed by: STANLEY CHARLES B - StreetInsider.com
www.streetinsider.com - March 8 at 9:13 PM
streetinsider.com logoForm 4 QEP RESOURCES, INC. For: Mar 06 Filed by: WOOSLEY CHRISTOPHER K
www.streetinsider.com - March 8 at 4:13 PM
seekingalpha.com logoQEP Resources (QEP) Presents At The Raymond James 38th Annual Institutional Investors Conference 2017
seekingalpha.com - March 7 at 7:18 PM

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Chart

QEP Resources (QEP) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by MarketBeat.com Staff