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

$3.49
+0.14 (+4.18 %)
(As of 12/6/2019 04:00 PM ET)
Today's Range
$3.38
Now: $3.49
$3.54
50-Day Range
$2.71
MA: $3.36
$3.74
52-Week Range
$2.58
Now: $3.49
$9.01
Volume7.46 million shs
Average Volume6.01 million shs
Market Capitalization$829.89 million
P/E RatioN/A
Dividend Yield2.39%
Beta2.02
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$3.71 per share
Book Value$11.62 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. Shareholders of record on Friday, November 15th will be paid a dividend of $0.02 per share on Friday, December 6th. This represents a $0.08 annualized dividend and a 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 declared that its Board of Directors has authorized a share repurchase plan on Thursday, March 1st 2018, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans 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) announced its quarterly earnings data on Wednesday, October, 23rd. The pipeline company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. The pipeline company had revenue of $307.50 million for the quarter, compared to analysts' expectations 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 quarter last year, the business earned $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?

12 analysts have issued twelve-month target prices for QEP Resources' shares. Their forecasts range from $5.00 to $12.00. On average, they expect QEP Resources' stock price to reach $7.41 in the next twelve months. This suggests a possible upside of 112.2% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

12 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 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?

Headlines about QEP stock have been trending extremely negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. QEP Resources earned a news impact score of -4.2 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the company's share price in the immediate future. View News Stories for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 24,750,000 shares, a decline of 5.7% from the October 31st total of 26,240,000 shares. Based on an average daily trading volume, of 7,270,000 shares, the days-to-cover ratio is presently 3.4 days. Currently, 10.5% of the company's shares 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 variety of of institutional and retail investors. Top institutional shareholders include State Street Corp (5.52%), Millennium Management LLC (3.39%), Vaughan Nelson Investment Management L.P. (1.08%), Wedge Capital Management L L P NC (0.47%), First Trust Advisors LP (0.46%) and Rhumbline Advisers (0.33%). 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 institutional investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including Voya Investment Management LLC, Boston Partners, Vaughan Nelson Investment Management L.P., Creative Planning, Meeder Asset Management Inc., Mackay Shields LLC, Mason Street Advisors LLC and SG Americas Securities LLC. View Insider Buying and Selling for QEP Resources.

Which institutional investors are buying QEP Resources stock?

QEP stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, State Street Corp, Squarepoint Ops LLC, First Trust Advisors LP, State of New Jersey Common Pension Fund D, Maverick Capital Ltd., Virginia Retirement Systems ET AL and State of Tennessee Treasury Department. 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:  477 (Vote Outperform)
Underperform Votes:  476 (Vote Underperform)
Total Votes:  953
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 12/7/2019 by MarketBeat.com Staff

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