QEP Resources Company Profile (NYSE:QEP)

About QEP Resources (NYSE:QEP)

QEP Resources, Inc. is an independent crude oil and natural gas exploration and production company. The Company focuses on two regions of the United States: the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana). The Company conducts exploration and production activities in North America's hydrocarbon resource plays. The Company has an inventory of developed and undeveloped drilling locations in the Permian Basin in western Texas, the Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, the Uinta Basin in eastern Utah and other properties in Wyoming, Utah and Colorado. It sells gas volumes to wholesale marketers, industrial users, local distribution companies and utilities. It sells oil and natural gas liquid (NGL) volumes to refiners, marketers and other companies.

Industry, Sector and Symbol:

Sector: Oils/Energy
Industry: Integrated Oil & Gas
Sub-Industry: Oil & Gas Exploration & Production
Symbol: NYSE:QEP
CUSIP: 74733V10
Web: www.qepres.com

Capitalization:

Market Cap: $2.02 billion
Outstanding Shares: 240,555,000

Average Prices:

50 Day Moving Avg: $8.17
200 Day Moving Avg: $9.50
52 Week Range: $7.02 - $21.12

P/E:

Trailing P/E Ratio: N/A
Foreward P/E Ratio: -28.00
P/E Growth: -0.83

Sales & Book Value:

Annual Revenue: $1.59 billion
Price / Sales: 1.27
Book Value: $15.11 per share
Price / Book: 0.56

Profitability:

EBITDA: $822.6 million
Net Margins: -3.90%
Return on Equity: -4.24%
Return on Assets: -2.10%

Debt:

Debt-to-Equity Ratio: 0.52%
Current Ratio: 0.82%
Quick Ratio: 0.80%

Misc:

Average Volume: 5.88 million shs.
Beta: 1.71
Short Ratio: 3.27

Frequently Asked Questions for QEP Resources (NYSE:QEP)

What is QEP Resources' stock symbol?

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

How were QEP Resources' earnings last quarter?

QEP Resources, Inc. (NYSE:QEP) posted its quarterly earnings results on Wednesday, July, 26th. The company reported ($0.12) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.20) by $0.08. The business earned $383.70 million during the quarter, compared to analyst estimates of $413.27 million. QEP Resources had a negative net margin of 3.90% and a negative return on equity of 4.24%. The company's quarterly revenue was up 15.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.23) EPS. View QEP Resources' Earnings History.

When will QEP Resources make its next earnings announcement?

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for QEP Resources.

Where is QEP Resources' stock going? Where will QEP Resources' stock price be in 2017?

15 brokerages have issued 1 year price targets for QEP Resources' stock. Their predictions range from $9.00 to $33.00. On average, they anticipate QEP Resources' stock price to reach $15.00 in the next twelve months. View Analyst Ratings for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a drop in short interest during the month of September. As of September 29th, there was short interest totalling 13,423,643 shares, a drop of 24.9% from the September 15th total of 17,868,641 shares. Based on an average trading volume of 7,479,221 shares, the days-to-cover ratio is presently 1.8 days. Approximately 5.6% of the company's shares are sold short.

Who are some of QEP Resources' key competitors?

Some companies that are related to QEP Resources include Transocean (RIG), Core Laboratories N.V. (CLB), Weatherford International PLC (WFT), CONSOL Energy (CNX), Boardwalk Pipeline Partners L.P. (BWP), TC PipeLines, LP (TCP), Black Stone Minerals, L.P. (BSM), Tallgrass Energy Partners, LP (TEP), Chesapeake Energy Corporation (CHK), Transportadora De Gas Sa Ord B (TGS), Nustar Energy L.P. (NS), Plains Group Holdings, L.P. (PAGP), Ormat Technologies (ORA), PDC Energy (PDCE), Dominion Midstream Partners, LP (DM), Sunoco LP (SUN), PBF Energy (PBF) and Jagged Peak Energy (JAG).

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:

Charles B. Stanley, Chairman of the Board, President, Chief Executive Officer
Richard J. Doleshek, Chief Financial Officer, Executive Vice President
Jim E. Torgerson, Executive Vice President
Alice B. Ley, Chief Accounting Officer, Vice President, Controller
Christopher K. Woosley, Vice President, General Counsel and Corporate Secretary
Margo D. Fiala, Vice President - Human Resources
Myles W. Scoggins, Lead Independent Director
Phillips S. Baker Jr., Independent Director
Julie A. Dill, Independent Director
Robert F. Heinemann, Independent Director

Who owns QEP Resources stock?

QEP Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include INTEGRATED CORE STRATEGIES (US) LLC (5.10%). Company insiders that own QEP Resources stock include Charles B Stanley, Christopher K Woosley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.

How do I buy QEP Resources stock?

Shares of QEP Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is QEP Resources' stock price today?

One share of QEP Resources stock can currently be purchased for approximately $8.40.

MarketBeat Community Rating for QEP Resources (NYSE QEP)

Community Ranking:		2.6 out of 5 ( )
Outperform Votes:		335 (Vote Outperform)
Underperform Votes:		316 (Vote Underperform)
Total Votes:		651

MarketBeat's community ratings are surveys of what our community members think about QEP Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for QEP Resources (NYSE:QEP) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	5 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:	Buy (Score: 2.73)
Consensus Price Target:	$15.00 (78.57% upside)

Consensus Price Target History for QEP Resources (NYSE:QEP)

Analysts' Ratings History for QEP Resources (NYSE:QEP)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/11/2017	Barclays PLC	Boost Price Target	Overweight	$8.00 -> $9.00	N/A
10/10/2017	BMO Capital Markets	Set Price Target	Buy	$11.00	N/A
9/27/2017	KLR Group	Reiterated Rating	Buy	$15.00 -> $14.00	Medium
9/26/2017	Stifel Nicolaus	Lower Price Target	Buy -> Buy	$26.00 -> $23.00	High
9/18/2017	Piper Jaffray Companies	Lower Price Target	Overweight	$20.00 -> $12.00	Low
8/25/2017	Cowen and Company	Set Price Target	Buy	$12.00	Medium
7/31/2017	National Securities	Initiated Coverage	Buy	$11.00	Medium
7/27/2017	J P Morgan Chase & Co	Downgrade	Overweight -> Neutral	$11.00 -> $9.00	High
7/18/2017	Deutsche Bank AG	Downgrade	Buy -> Hold	$18.00 -> $13.00	High
6/15/2017	Wolfe Research	Initiated Coverage	Market Perform		High
6/1/2017	Credit Suisse Group	Initiated Coverage	Neutral -> Neutral	$15.00	High
4/15/2017	FBR & Co	Set Price Target	Buy	$24.00 -> $20.00	Low
3/21/2017	Mizuho	Downgrade	Buy -> Neutral	$13.00	High
2/10/2017	Wells Fargo & Company	Upgrade	Market Perform -> Outperform		N/A
1/12/2017	Scotiabank	Upgrade	Outperform -> Focus Stock	$31.00 -> $33.00	N/A
10/7/2016	Evercore ISI	Initiated Coverage	Hold	$22.00	N/A
10/6/2016	Goldman Sachs Group, Inc. (The)	Initiated Coverage	Neutral	$21.00	N/A
6/22/2016	Cantor Fitzgerald	Reiterated Rating	Buy		N/A
6/22/2016	Drexel Hamilton	Reiterated Rating	Buy	$33.00	N/A
6/15/2016	Simmons	Upgrade	Neutral -> Overweight	$20.00 -> $24.00	N/A
5/16/2016	Sterne Agee CRT	Reiterated Rating	Buy		N/A
4/29/2016	Raymond James Financial, Inc.	Upgrade	Outperform -> Strong-Buy	$27.00	N/A
2/29/2016	SunTrust Banks, Inc.	Lower Price Target	Neutral	$12.00	N/A

(Data available from 10/18/2015 forward)

Earnings History for QEP Resources (NYSE:QEP)

Earnings by Quarter for QEP Resources (NYSE:QEP)

Earnings History by Quarter for QEP Resources (NYSE QEP)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/24/2017		($0.21)					N/A
7/26/2017	Q2 2017	($0.20)	($0.12)	$413.27 million	$383.70 million	View	N/A
4/26/2017	Q1 2017	($0.21)	($0.14)	$402.16 million	$420.10 million	View	N/A
2/22/2017	Q4 2016	($0.22)	($0.15)	$395.90 million	$399.70 million	View	Listen
10/26/2016	Q3	($0.24)	($0.21)	$359.53 million	$382.40 million	View	Listen
7/27/2016	Q2	($0.35)	($0.23)	$362.17 million	$333.70 million	View	Listen
4/27/2016	Q116	($0.60)	($0.53)	$393.22 million	$261.30 million	View	Listen
2/24/2016	Q4	($0.12)	($0.01)	$595.37 million	$468.30 million	View	Listen
10/28/2015	Q315	($0.10)	$0.01	$606.86 million	$536.70 million	View	Listen
8/3/2015	Q215	($0.10)	$0.09	$535.05 million	$608.60 million	View	N/A
4/29/2015	Q115	($0.30)	($0.05)	$650.40 million	$491.60 million	View	N/A
2/24/2015	Q414	$0.24	$0.22	$848.37 million	$799.60 million	View	N/A
11/5/2014	Q314	$0.26	$0.41	$755.90 million	$910.00 million	View	Listen
8/6/2014	Q214	$0.33	$0.38	$766.76 million	$936.70 million	View	Listen
5/8/2014	Q114	$0.25	$0.38	$689.47 million	$883.90 million	View	Listen
2/25/2014	Q413	$0.23	$0.17	$821.40 million	$715.00 million	View	Listen
11/6/2013	Q313	$0.39	$0.36	$795.37 million	$772.80 million	View	Listen
7/31/2013	Q2 2013	$0.35	$0.34	$823.93 million	$751.00 million	View	Listen
4/30/2013	Q1 2013	$0.30	$0.28	$785.62 million	$696.50 million	View	Listen
2/19/2013	Q4 2012	$0.31	$0.33	$674.39 million		View	Listen
10/30/2012	Q312	$0.35	$0.19	$619.20 million	$542.40 million	View	N/A
7/31/2012		$0.33	$0.31			View	N/A
2/22/2012		$0.43	$0.58			View	N/A
10/25/2011		$0.38	$0.47			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for QEP Resources (NYSE:QEP)

2017 EPS Consensus Estimate: ($0.78)

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q1 2017	3	($0.21)	($0.16)	($0.19)
Q2 2017	3	($0.24)	($0.17)	($0.21)
Q3 2017	3	($0.24)	($0.21)	($0.22)
Q4 2017	3	($0.18)	($0.13)	($0.16)

(Data provided by Zacks Investment Research)

Current Dividend Information for QEP Resources (NYSE:QEP)

Most Recent Dividend:	12/7/2015
Dividend Yield:	0.00%
Dividend Growth:	0.00% (3 Year Average)
Payout Ratio:	0.00% (Trailing 12 Months of Earnings) 0.00% (Based on This Year's Estimates) 0.00% (Based on Next Year's Estimates)

Dividend Payments by Quarter for QEP Resources (NYSE:QEP)

Dividend History by Quarter for QEP Resources (NYSE QEP)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
10/26/2015	quarterly	$0.02	0.57%	11/13/2015	11/17/2015	12/7/2015
7/27/2015	quarterly	$0.02	0.61%	8/14/2015	8/18/2015	9/4/2015
5/11/2015	quarterly	$0.02	0.39%	5/21/2015	5/26/2015	6/5/2015
2/13/2015	quarterly	$0.02	0.35%	2/20/2015	2/24/2015	3/6/2015
11/4/2014	quarterly	$0.02	0.33%	11/12/2014	11/14/2014	12/5/2014
7/29/2014	quarterly	$0.02	0.24%	8/14/2014	8/18/2014	9/5/2014
5/13/2014	quarterly	$0.02	0.26%	5/21/2014	5/23/2014	6/6/2014
2/14/2014	quarterly	$0.02	0.25%	2/21/2014	2/25/2014	3/7/2014
10/29/2013	quarterly	$0.02	0.24%	11/15/2013	11/19/2013	12/6/2013
7/30/2013	quarterly	$0.02	0.26%	8/16/2013	8/20/2013	9/6/2013
5/24/2013	quarterly	$0.02	0.28%	5/30/2013	6/3/2013	6/22/2013
2/14/2013	quarterly	$0.02	0.27%	2/21/2013	2/25/2013	3/7/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for QEP Resources (NYSE:QEP)

Insider Ownership Percentage: 1.36%
Institutional Ownership Percentage: 93.21%

Institutional Ownership by Quarter for QEP Resources (NYSE:QEP)

Insider Trades by Quarter for QEP Resources (NYSE:QEP)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
8/17/2017	David A Trice	Director	Buy	25,000	$7.20	$180,000.00
7/28/2017	Julie Dill	Director	Buy	5,000	$8.49	$42,450.00
7/28/2017	Richard J Doleshek	CFO	Buy	12,500	$7.91	$98,875.00
2/24/2017	Phillips S Baker Jr	Director	Buy	7,000	$14.21	$99,470.00
6/30/2016	Charles B. Stanley	CEO	Buy	16,763	$17.85	$299,219.55
3/8/2016	Christopher K Woosley	VP	Sell	1,717	$10.24	$17,582.08
11/14/2014	David A Trice	Director	Buy	5,000	$23.83	$119,150.00
4/17/2014	Abigail Jones	VP	Sell	4,154	$32.00	$132,928.00
4/3/2014	Abigail Jones	VP	Sell	4,154	$31.00	$128,774.00
4/1/2014	Abigail Jones	VP	Sell	4,154	$30.00	$124,620.00
3/17/2014	David Trice	Director	Buy	2,500	$28.40	$71,000.00
2/28/2014	Thomas Oconnor	Director	Buy	5,000	$28.91	$144,550.00
11/6/2013	Abigail Jones	VP	Sell	3,300	$32.00	$105,600.00
9/6/2013	Kendall K Carbone	VP	Sell	1,654	$28.59	$47,287.86
11/14/2012	Keith O Rattie	Director	Sell	23,000	$28.13	$646,990.00
10/5/2012	Keith O Rattie	Director	Sell	5,198	$32.50	$168,935.00

(Data available from 1/1/2013 forward)

Headline Trends for QEP Resources (NYSE:QEP) Latest Headlines for QEP Resources (NYSE:QEP)

Source:

Date	Headline
	QEP Resources, Inc. (QEP) Scheduled to Post Quarterly Earnings on Tuesday www.americanbankingnews.com - October 17 at 4:32 AM
	QEP Resources (QEP) and Its Competitors Financial Analysis www.americanbankingnews.com - October 16 at 10:30 PM
	QEP Resources, Inc. (QEP) Short Interest Down 24.9% in September www.americanbankingnews.com - October 16 at 1:16 AM
	Are Shorts Losing Interest in Energy? finance.yahoo.com - October 13 at 8:27 AM
	Brokerages Anticipate QEP Resources, Inc. (QEP) Will Announce Quarterly Sales of $385.82 Million www.americanbankingnews.com - October 12 at 1:38 PM
	These companies in Colorado, elsewhere skipped paying income taxes last year www.bizjournals.com - October 12 at 8:42 AM
	Which Upstream Company Is the Biggest Gainer This Week? finance.yahoo.com - October 12 at 8:42 AM
	Barclays PLC Increases QEP Resources, Inc. (QEP) Price Target to $9.00 www.americanbankingnews.com - October 11 at 2:08 PM
	QEP Resources, Inc. (QEP) Receives Average Rating of "Buy" from Brokerages www.americanbankingnews.com - October 8 at 9:10 AM
	QEP Resources Announces Third Quarter 2017 Financial and Operational Results Release Date and Conference Call - GlobeNewswire (press release) globenewswire.com - October 6 at 5:20 AM
	US Crude Oil Production Hit July 2015 High finance.yahoo.com - October 6 at 5:20 AM
	QEP Resources Announces Third Quarter 2017 Financial and Operational Results Release Date and Conference Call feeds.benzinga.com - October 4 at 7:01 PM
	QEP Resources (QEP) vs. PetroChina Company Limited (PTR) Critical Contrast www.americanbankingnews.com - October 3 at 8:26 AM
	Barclays PLC Trims QEP Resources, Inc. (QEP) Target Price to $8.00 www.americanbankingnews.com - October 1 at 6:32 PM
	QEP Resources (QEP) vs. Royal Dutch Shell PLC (RDS.A) Head to Head Survey www.americanbankingnews.com - September 29 at 8:38 AM
	Brokers Offer Predictions for QEP Resources, Inc.'s Q3 2017 Earnings (QEP) www.americanbankingnews.com - September 28 at 7:10 AM
	KLR Group Reiterates Buy Rating for QEP Resources, Inc. (QEP) www.americanbankingnews.com - September 27 at 9:58 PM
	Here's Why QEP Resources Inc.'s Stock Is Sinking Today - Motley Fool www.fool.com - September 27 at 9:14 AM
	Here's Why QEP Resources Inc.'s Stock Is Sinking Today finance.yahoo.com - September 26 at 6:24 PM
	QEP Resources (QEP) Closes Pinedale Divestiture and Provides Updated 2017 Guidance and 2018 Outlook www.streetinsider.com - September 26 at 10:59 AM
	Have Investors Already Priced In QEP Resources Inc’s (QEP) Growth? finance.yahoo.com - September 26 at 10:59 AM
	QEP Resources -9% after cutting full-year production outlook seekingalpha.com - September 25 at 7:28 PM
	QEP Resources (QEP) Closes Pinedale Divestiture and Provides Updated 2017 Guidance and 2018 Outlook - StreetInsider.com www.streetinsider.com - September 25 at 6:02 PM
	QEP Announces Closing of Pinedale Divestiture finance.yahoo.com - September 25 at 6:02 PM
	QEP Resources, Inc. breached its 50 day moving average in a Bullish Manner : QEP-US : September 21, 2017 finance.yahoo.com - September 22 at 3:00 PM
	QEP Resources, Inc. – Value Analysis (NYSE:QEP) : September 22, 2017 finance.yahoo.com - September 22 at 3:00 PM
	Iran’s Crude Oil Production Was Flat in August 2017 finance.yahoo.com - September 20 at 8:07 AM
	Piper Jaffray Companies Trims QEP Resources, Inc. (QEP) Target Price to $12.00 www.americanbankingnews.com - September 18 at 10:56 AM
	QEP Resources, Inc. (QEP) Given Average Recommendation of "Hold" by Analysts www.americanbankingnews.com - September 13 at 10:00 AM
	Petrobras Argentina (PZE) and QEP Resources (QEP) Critical Analysis www.americanbankingnews.com - September 13 at 2:50 AM
	Analyzing YPF Sociedad Anonima (YPF) & QEP Resources (QEP) www.americanbankingnews.com - September 7 at 11:00 AM
	-$0.21 EPS Expected for QEP Resources, Inc. (QEP) This Quarter www.americanbankingnews.com - September 2 at 10:22 PM
	QEP Resources, Inc. (QEP) Given a $12.00 Price Target at Cowen and Company www.americanbankingnews.com - August 26 at 9:34 AM
	QEP Resources, Inc. (QEP) Given Average Rating of "Hold" by Brokerages www.americanbankingnews.com - August 19 at 9:02 AM
	QEP Resources, Inc. (QEP) Director David A. Trice Buys 25,000 Shares www.americanbankingnews.com - August 17 at 7:58 PM
	VOC Energy Trust (VOC) vs. QEP Resources (QEP) Head-To-Head Analysis www.americanbankingnews.com - August 17 at 10:30 AM
	BRIEF-Millennium Group Management reports 5.1 percent passive stake in QEP Resources Inc - SEC filing‍ www.reuters.com - August 17 at 7:08 AM
	Technical Research on Oil and Gas Equities -- Energy Transfer Partners, QEP Resources, TransCanada, and Williams Cos. www.marketwatch.com - August 17 at 7:08 AM
	QEP Resources (QEP) Presents At EnerCom Oil & Gas Conference - Slideshow seekingalpha.com - August 17 at 7:08 AM
	QEP Resources Inc. (NYSE:QEP) Rallies As Institutional Investors Build Positions www.baystreet.ca - August 17 at 7:08 AM
	$408.69 Million in Sales Expected for QEP Resources, Inc. (QEP) This Quarter www.americanbankingnews.com - August 17 at 5:56 AM
	ETFs with exposure to QEP Resources, Inc. : August 11, 2017 finance.yahoo.com - August 12 at 7:12 AM
	QEP Likes Its Permian Deal Despite Initial Market Reaction finance.yahoo.com - August 10 at 7:11 AM
	EnerCom will feature Marcellus, Williston, DJ, Permian, Eagle Ford, GOM Producers at The Oil & Gas Conference(R) in Denver finance.yahoo.com - August 10 at 7:11 AM
	QEP Resources: Questionable Acquisition And Something More Concerning - Seeking Alpha seekingalpha.com - August 2 at 6:56 AM
	Julie Dill Acquires 5,000 Shares of QEP Resources, Inc. (NYSE:QEP) Stock www.americanbankingnews.com - July 31 at 8:10 PM
	QEP Resources, Inc. (NYSE:QEP) CFO Purchases $98,875.00 in Stock www.americanbankingnews.com - July 31 at 7:45 PM
	QEP Resources, Inc. (QEP) Earns Buy Rating from Analysts at National Securities www.americanbankingnews.com - July 31 at 11:11 AM
	QEP Resources, Inc. to Post FY2017 Earnings of ($0.76) Per Share, Capital One Financial Corporation Forecasts (QEP) www.americanbankingnews.com - July 31 at 8:15 AM
	$445.58 Million in Sales Expected for QEP Resources, Inc. (QEP) This Quarter www.americanbankingnews.com - July 30 at 7:44 AM