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

$7.11
+0.98 (+15.99 %)
(As of 06/26/2019 04:00 PM ET)
Today's Range
$6.1350
Now: $7.11
$7.23
50-Day Range
$5.80
MA: $6.85
$7.93
52-Week Range
$5.00
Now: $7.11
$13.77
Volume8.26 million shs
Average Volume4.97 million shs
Market Capitalization$1.69 billion
P/E RatioN/A
Dividend YieldN/A
Beta2
QEP Resources, Inc operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota. As of December 31, 2018, it had estimated proved reserves of approximately 658.2 MMboe. The company sells its gas, oil, and natural gas liquids to various customers, including wholesale marketers, industrial users, local distribution companies, midstream service providers, and utility companies. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP74733V10
Phone303-672-6900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.93 billion
Cash Flow$4.1098 per share
Book Value$11.62 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$1.69 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

Receive QEP News and Ratings via Email

Sign-up to receive the latest news and ratings for QEP and its competitors with MarketBeat's FREE daily newsletter.

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 has approved a stock buyback plan on Thursday, March 1st 2018, which authorizes the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's management believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) announced its earnings results on Wednesday, April, 24th. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.02) by $0.17. The pipeline company had revenue of $280.60 million for the quarter, compared to analyst estimates of $289.23 million. QEP Resources had a positive return on equity of 1.91% and a negative net margin of 60.23%. The company's quarterly revenue was down 34.6% on a year-over-year basis. During the same period in the previous year, the company earned ($0.20) earnings per share. View QEP Resources' Earnings History.

When is QEP Resources' next earnings date?

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, July 24th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

14 brokerages have issued twelve-month price objectives for QEP Resources' stock. Their predictions range from $8.00 to $15.00. On average, they anticipate QEP Resources' share price to reach $12.00 in the next twelve months. This suggests a possible upside of 68.8% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

Has QEP Resources been receiving favorable news coverage?

Media coverage about QEP stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QEP Resources earned a news impact score of 2.3 on InfoTrie's scale. They also assigned headlines about the pipeline company a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an effect on the stock's share price in the near term. View News Stories for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a decrease in short interest in May. As of May 15th, there was short interest totalling 13,710,800 shares, a decrease of 6.1% from the April 15th total of 14,599,300 shares. Based on an average daily trading volume, of 4,010,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 5.8% of the shares of the stock are sold short. View QEP Resources' Current Options Chain.

Who are some of QEP Resources' key competitors?

What other stocks do shareholders of QEP Resources own?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • Mr. Timothy J. Cutt, CEO, Pres & Director (Age 59)
  • Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 45)
  • Mr. Jamie C. Cutler, Chief Information Officer & VP
  • Mr. William Kent, Director of Investor Relations

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include Oslo Asset Management AS (2.94%), Vaughan Nelson Investment Management L.P. (1.26%), Alpine Associates Management Inc. (1.01%), FMR LLC (0.95%), Pinnacle Associates Ltd. (0.77%) and Schneider Capital Management Corp (0.57%). Company insiders that own QEP Resources stock include David A Trice, Julie Dill and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.

Which major investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including Schneider Capital Management Corp, Vaughan Nelson Investment Management L.P., Creative Planning, First Trust Advisors LP, James Investment Research Inc., Wedge Capital Management L L P NC, Marshall Wace North America L.P. and Dupont Capital Management Corp. View Insider Buying and Selling for QEP Resources.

Which major investors are buying QEP Resources stock?

QEP stock was bought by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Oslo Asset Management AS, JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., TT International, Marshall Wace LLP, SG Americas Securities LLC and Mercer Global Advisors Inc. ADV. Company insiders that have bought QEP Resources stock in the last two years include David A Trice, Julie Dill 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 $7.11.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $1.69 billion and generates $1.93 billion in revenue each year. The pipeline company earns $-1,011,600,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. QEP Resources employs 465 workers across the globe.View Additional Information About QEP Resources.

What is QEP Resources' official website?

The official website for QEP Resources is http://www.qepres.com/.

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 (NYSE QEP)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  447 (Thanks for Voting!)
Underperform Votes:  450 (Thanks for Voting!)
Total Votes:  897
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.
This page was last updated on 6/26/2019 by MarketBeat.com Staff

Featured Article: What is a trade deficit?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel