About QEP Resources (NYSE:QEP)
QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in western Texas, Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, Uinta Basin in eastern Utah, and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2017, it had estimated proved reserves of 684.7 MMboe. The company sells its gas, oil, and natural gas liquids (NGL) to various customers, including wholesale marketers, industrial users, local distribution companies, utilities, and other companies. In addition, it operates an underground gas storage facility. QEP Resources, Inc. is headquartered in Denver, Colorado.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio15.89
Forward P/E Ratio-21.28
Sales & Book Value
Annual Sales$1.62 billion
Price / Sales1.65
Cash Flow$3.9303 per share
Price / Cash2.87
Book Value$15.76 per share
Price / Book0.72
EPS (Most Recent Fiscal Year)$0.77
Net Income$269.30 million
Return on Equity4.66%
Return on Assets2.32%
QEP Resources (NYSE:QEP) Frequently Asked Questions
What is QEP Resources' stock symbol?
QEP Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "QEP."
How will QEP Resources' stock buyback program work?
QEP Resources declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 1st 2018, which permits the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.
How were QEP Resources' earnings last quarter?
QEP Resources Inc (NYSE:QEP) released its quarterly earnings data on Wednesday, April, 25th. The pipeline company reported ($0.20) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.01. The pipeline company earned $428.90 million during the quarter, compared to analysts' expectations of $369.94 million. QEP Resources had a net margin of 8.51% and a return on equity of 4.66%. The business's quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the business earned ($0.14) EPS. View QEP Resources' Earnings History.
When is QEP Resources' next earnings date?
What price target have analysts set for QEP?
15 analysts have issued 1-year target prices for QEP Resources' shares. Their predictions range from $9.00 to $19.00. On average, they anticipate QEP Resources' stock price to reach $12.8833 in the next twelve months. View Analyst Ratings for QEP Resources.
Who are some of QEP Resources' key competitors?
Some companies that are related to QEP Resources include Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Antero Resources (AR), Energen (EGN), Murphy Oil (MUR), Newfield Exploration (NFX), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC) and Crescent Point Energy (CPG).
Who are QEP Resources' key executives?
QEP Resources' management team includes the folowing people:
- Mr. Charles B. Stanley, Chairman, Pres & CEO (Age 59)
- Mr. Richard J. Doleshek, Exec. VP & CFO (Age 60)
- Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 48)
- Mr. Jim E. Torgerson, Exec. VP of QEP Energy (Age 54)
- Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 44)
Has QEP Resources been receiving favorable news coverage?
Media coverage about QEP stock has been trending positive on Monday, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. 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 media sentiment score of 0.27 on Accern's scale. They also gave news headlines about the pipeline company an impact score of 47.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are QEP Resources' major shareholders?
QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.93%), Dimensional Fund Advisors LP (5.71%), Vaughan Nelson Investment Management L.P. (1.87%), Talara Capital Management LLC (1.70%), Millennium Management LLC (1.30%) and Frontier Capital Management Co. LLC (1.27%). Company insiders that own QEP Resources stock include Charles B Stanley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.
Which institutional investors are selling QEP Resources stock?
QEP stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Millennium Management LLC, Schroder Investment Management Group, Caymus Capital Partners L.P., Glen Harbor Capital Management LLC, Nokomis Capital L.L.C., Wedge Capital Management L L P NC and SG Americas Securities LLC. View Insider Buying and Selling for QEP Resources.
Which institutional investors are buying QEP Resources stock?
QEP stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Talara Capital Management LLC, Hsbc Holdings PLC, UBS Group AG, Caisse DE Depot ET Placement DU Quebec, Seven Eight Capital LP, WINTON GROUP Ltd and JPMorgan Chase & Co.. 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 shares of 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.
What is QEP Resources' stock price today?
One share of QEP stock can currently be purchased for approximately $11.28.
How big of a company is QEP Resources?
QEP Resources has a market capitalization of $2.68 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.
How can I contact QEP Resources?
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]
MarketBeat Community Rating for QEP Resources (QEP)MarketBeat's community ratings are surveys of what our community members think about QEP Resources and other stocks. Vote "Outperform" if you believe QEP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe QEP will underperform the S&P 500 over the long term. You may vote once every thirty days.