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QEP Resources Stock Price, Forecast & Analysis (NYSE:QEP)

$3.49
-0.08 (-2.24 %)
(As of 11/14/2019 06:42 AM ET)
Today's Range
$3.47
Now: $3.49
$3.63
50-Day Range
$2.71
MA: $3.39
$4.16
52-Week Range
$2.58
Now: $3.49
$9.27
Volume6.01 million shs
Average Volume7.91 million shs
Market Capitalization$829.89 million
P/E RatioN/A
Dividend Yield2.26%
Beta1.98
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$3.42 per share
Book Value$11.65 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$829.89 million
Next Earnings Date2/19/2020 (Estimated)
OptionableOptionable

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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 often does QEP Resources pay dividends? What is the dividend yield for QEP Resources?

QEP Resources declared a quarterly dividend on Monday, October 21st. Stockholders of record on Friday, November 15th will be given a dividend of $0.02 per share on Friday, December 6th. This represents a $0.08 annualized dividend and a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, November 14th. View QEP Resources' Dividend History.

How will QEP Resources' stock buyback program work?

QEP Resources announced that its board has initiated a share 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 purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) posted its quarterly earnings data on Wednesday, October, 23rd. The pipeline company reported $0.05 earnings per share for the quarter, hitting the consensus estimate of $0.05. The pipeline company earned $307.50 million during the quarter, compared to analyst estimates of $295.03 million. QEP Resources had a positive return on equity of 0.30% and a negative net margin of 47.59%. The company's revenue was down 45.2% compared to the same quarter last year. During the same period last year, the firm posted $0.17 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, February 19th 2020. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

14 equities research analysts have issued 1 year price objectives for QEP Resources' stock. Their forecasts range from $5.00 to $12.00. On average, they anticipate QEP Resources' stock price to reach $7.81 in the next year. This suggests a possible upside of 123.7% 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, 10 hold ratings and 3 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 headlines about QEP stock have trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. QEP Resources earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a decrease in short interest during the month of October. As of October 31st, there was short interest totalling 24,750,000 shares, a decrease of 5.7% from the September 30th total of 26,240,000 shares. Based on an average trading volume of 7,270,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 10.5% of the company's shares are short sold. 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 many different of institutional and retail investors. Top institutional shareholders include Vaughan Nelson Investment Management L.P. (1.08%), Wedge Capital Management L L P NC (0.47%), First Trust Advisors LP (0.46%), Rhumbline Advisers (0.33%), California Public Employees Retirement System (0.25%) and River Road Asset Management LLC (0.23%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. 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 Vaughan Nelson Investment Management L.P., Creative Planning, Meeder Asset Management Inc., Mackay Shields LLC, Mason Street Advisors LLC, SG Americas Securities LLC, Rhumbline Advisers and LS Investment Advisors LLC. View Insider Buying and Selling for QEP Resources.

Which major investors are buying QEP Resources stock?

QEP stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, State of New Jersey Common Pension Fund D, Virginia Retirement Systems ET AL, State of Tennessee Treasury Department, State of Alaska Department of Revenue, River Road Asset Management LLC, New York State Teachers Retirement System and California Public Employees Retirement System. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. 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, Robinhood, Fidelity and Charles Schwab.

What is QEP Resources' stock price today?

One share of QEP stock can currently be purchased for approximately $3.49.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $829.89 million 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:  473 (Vote Outperform)
Underperform Votes:  474 (Vote Underperform)
Total Votes:  947
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 11/14/2019 by MarketBeat.com Staff

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