NYSE:QEP - QEP Resources Stock Price, Price Target & More

QEP Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "QEP."

QEP Resources announced that its board has authorized a stock 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 purchase shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's management believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings data on Wednesday, April, 25th. The pipeline company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.01. The pipeline company had revenue of $428.90 million for the quarter, compared to analysts' expectations of $369.94 million. QEP Resources had a return on equity of 4.66% and a net margin of 8.51%. QEP Resources's revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.14) earnings per share. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for QEP Resources.

15 brokerages have issued 1 year target prices for QEP Resources' stock. Their predictions range from $9.00 to $19.00. On average, they anticipate QEP Resources' stock price to reach $12.8833 in the next year. View Analyst Ratings for QEP Resources.

Some companies that are related to QEP Resources include Cabot Oil & Gas (COG), Cimarex Energy (XEC), Parsley Energy (PE), 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 Oasis Petroleum (OAS).

Media coverage about QEP stock has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. QEP Resources earned a news sentiment score of 0.10 on Accern's scale. They also assigned headlines about the pipeline company an impact score of 45.93 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

QEP Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors 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.

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.

QEP stock was bought 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.

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.

One share of QEP stock can currently be purchased for approximately $12.28.

QEP Resources has a market capitalization of $2.80 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.

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]