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 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: Integrated Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:QEP
  • CUSIP: 74733V10
  • Web: www.qepres.com
Capitalization:
  • Market Cap: $2.02066 billion
  • Outstanding Shares: 240,555,000
Average Prices:
  • 50 Day Moving Avg: $8.31
  • 200 Day Moving Avg: $9.40
  • 52 Week Range: $7.02 - $21.12
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -23.74
  • P/E Growth: -0.79
Sales & Book Value:
  • Annual Revenue: $1.59 billion
  • Price / Sales: 1.26
  • Book Value: $15.11 per share
  • Price / Book: 0.55
Profitability:
  • EBITDA: $822.6 million
  • Net Margins: -3.90%
  • Return on Equity: -4.24%
  • Return on Assets: -2.10%
Debt:
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.80%
Misc:
  • Average Volume: 5.76 million shs.
  • Beta: 1.71
  • Short Ratio: 3.27
 

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) released its earnings results on Wednesday, July, 26th. The company reported ($0.12) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.08. The company had revenue of $383.70 million for the quarter, compared to the consensus estimate of $413.27 million. QEP Resources had a negative net margin of 3.90% and a negative return on equity of 4.24%. QEP Resources's revenue was up 15.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.23) EPS. View QEP Resources' Earnings History.

When will QEP Resources make its next earnings announcement?

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for QEP Resources.

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

15 brokerages have issued 12-month target prices for QEP Resources' stock. Their forecasts range from $9.00 to $33.00. On average, they expect QEP Resources' share price to reach $15.00 in the next twelve months. View Analyst Ratings for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a drop in short interest in September. As of September 29th, there was short interest totalling 13,423,643 shares, a drop of 24.9% from the September 15th total of 17,868,641 shares. Based on an average trading volume of 7,479,221 shares, the short-interest ratio is currently 1.8 days. Currently, 5.6% of the company's shares are short sold.

Who are some of QEP Resources' key competitors?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:

  • Charles B. Stanley, Chairman of the Board, President, Chief Executive Officer
  • Richard J. Doleshek, Chief Financial Officer, Executive Vice President
  • Jim E. Torgerson, Executive Vice President
  • Alice B. Ley, Chief Accounting Officer, Vice President, Controller
  • Christopher K. Woosley, Vice President, General Counsel and Corporate Secretary
  • Margo D. Fiala, Vice President - Human Resources
  • Myles W. Scoggins, Lead Independent Director
  • Phillips S. Baker Jr., Independent Director
  • Julie A. Dill, Independent Director
  • Robert F. Heinemann, Independent Director

Who owns QEP Resources stock?

QEP Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include INTEGRATED CORE STRATEGIES (US) LLC (5.10%), Mutual of America Capital Management LLC (0.08%), Quantitative Systematic Strategies LLC (0.08%), State Treasurer State of Michigan (0.04%) and Shell Asset Management Co. (0.01%). Company insiders that own QEP Resources stock include Charles B Stanley, Christopher K Woosley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. 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 State Treasurer State of Michigan. View Insider Buying and Selling for QEP Resources.

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

QEP Resources' stock was bought by a variety of institutional investors in the last quarter, including Shell Asset Management Co., Quantitative Systematic Strategies LLC and Mutual of America Capital Management LLC. Company insiders that have bought QEP Resources stock in the last two years include Charles B Stanley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. 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.

What is QEP Resources' stock price today?

One share of QEP Resources stock can currently be purchased for approximately $8.31.


MarketBeat Community Rating for QEP Resources (NYSE QEP)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  335 (Vote Outperform)
Underperform Votes:  317 (Vote Underperform)
Total Votes:  652
MarketBeat's community ratings are surveys of what our community members think about QEP Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for QEP Resources (NYSE:QEP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.73)
Consensus Price Target: $15.00 (80.51% upside)
Consensus Price Target History for QEP Resources (NYSE:QEP)
Price Target History for QEP Resources (NYSE:QEP)
Analysts' Ratings History for QEP Resources (NYSE:QEP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Barclays PLCBoost Price TargetOverweight$8.00 -> $9.00N/AView Rating Details
10/10/2017BMO Capital MarketsSet Price TargetBuy$11.00N/AView Rating Details
9/27/2017KLR GroupReiterated RatingBuy$15.00 -> $14.00MediumView Rating Details
9/26/2017Stifel NicolausLower Price TargetBuy -> Buy$26.00 -> $23.00HighView Rating Details
9/18/2017Piper Jaffray CompaniesLower Price TargetOverweight$20.00 -> $12.00LowView Rating Details
8/25/2017Cowen and CompanySet Price TargetBuy$12.00MediumView Rating Details
7/31/2017National SecuritiesInitiated CoverageBuy$11.00MediumView Rating Details
7/27/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$11.00 -> $9.00HighView Rating Details
7/18/2017Deutsche Bank AGDowngradeBuy -> Hold$18.00 -> $13.00HighView Rating Details
6/15/2017Wolfe ResearchInitiated CoverageMarket PerformHighView Rating Details
6/1/2017Credit Suisse GroupInitiated CoverageNeutral -> Neutral$15.00HighView Rating Details
4/15/2017FBR & CoSet Price TargetBuy$24.00 -> $20.00LowView Rating Details
3/21/2017MizuhoDowngradeBuy -> Neutral$13.00HighView Rating Details
2/10/2017Wells Fargo & CompanyUpgradeMarket 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
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
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/29/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$27.00N/AView Rating Details
2/29/2016SunTrust Banks, Inc.Lower Price TargetNeutral$12.00N/AView Rating Details
(Data available from 10/21/2015 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
10/24/2017($0.21)N/AView Earnings Details
7/26/2017Q2 2017($0.20)($0.12)$413.27 million$383.70 millionViewN/AView Earnings Details
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: ($0.78)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.21)($0.16)($0.19)
Q2 20173($0.24)($0.17)($0.21)
Q3 20173($0.24)($0.21)($0.22)
Q4 20173($0.18)($0.13)($0.16)
(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: 93.21%
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
8/17/2017David A TriceDirectorBuy25,000$7.20$180,000.00View SEC Filing  
7/28/2017Julie DillDirectorBuy5,000$8.49$42,450.00View SEC Filing  
7/28/2017Richard J DoleshekCFOBuy12,500$7.91$98,875.00View SEC Filing  
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)
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QEP Resources (QEP) Chart for Saturday, October, 21, 2017

This page was last updated on 10/21/2017 by MarketBeat.com Staff

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