NYSE:QEP - QEP Resources Stock Price, News, & Analysis

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

QEP Resources declared that its Board of Directors has initiated a share repurchase program on Thursday, March 1st 2018, which allows the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) issued its earnings results on Wednesday, July, 25th. The pipeline company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.18. The pipeline company earned $532.40 million during the quarter, compared to analysts' expectations of $434.12 million. QEP Resources had a negative net margin of 13.63% and a positive return on equity of 5.96%. QEP Resources's revenue was up 38.8% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.12) earnings per share. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October, 24th 2018. View Earnings Estimates for QEP Resources.

15 equities research analysts have issued 1 year price objectives for QEP Resources' shares. Their predictions range from $9.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.3036 in the next twelve months. This suggests a possible upside of 39.2% from the stock's current price. View Analyst Price Targets for QEP Resources.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

Some companies that are related to QEP Resources include Cimarex Energy (XEC), RSP Permian (RSPP), Energen (EGN), WPX Energy (WPX), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Centennial Resource Development (CDEV), Viper Energy Partners (VNOM), Vermilion Energy (VET), Whiting Petroleum (WLL), Chesapeake Energy (CHK), ARC Resources (AETUF), Oasis Petroleum (OAS) and Black Stone Minerals (BSM).

Media headlines about QEP stock have been trending somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QEP Resources earned a daily sentiment score of 0.18 on Accern's scale. They also gave news stories about the pipeline company an impact score of 46.38 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for QEP Resources.

QEP Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.65%), Dimensional Fund Advisors LP (6.43%), Bank of New York Mellon Corp (1.63%), Vaughan Nelson Investment Management L.P. (1.58%), Frontier Capital Management Co. LLC (1.23%) and Wells Fargo & Company MN (1.18%). Company insiders that own QEP Resources stock include David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.

QEP stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Bank of Nova Scotia, Nomura Holdings Inc., Bank of America Corp DE, Aristotle Capital Boston LLC, Caymus Capital Partners L.P., BlackRock Inc. and Vaughan Nelson Investment Management L.P.. View Insider Buying and Selling for QEP Resources.

QEP stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Pinnacle Associates Ltd., FMR LLC, Wells Fargo & Company MN, First Trust Advisors LP, James Investment Research Inc., Signition LP and Boston Partners. Company insiders that have bought QEP Resources stock in the last two years include David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. View Insider Buying and Selling for QEP Resources.

Shares of QEP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of QEP stock can currently be purchased for approximately $9.56.

QEP Resources has a market capitalization of $2.20 billion and generates $1.62 billion in revenue each year. The pipeline company earns $269.30 million in net income (profit) each year or $0.77 on an earnings per share basis. QEP Resources employs 656 workers across the globe.

QEP Resources' mailing address is 1050 17TH STREET SUITE 800, DENVER CO, 80265. The pipeline company can be reached via phone at 303-672-6900 or via email at [email protected]