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 of Directors has approved a stock repurchase 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 generally an indication that the company's board believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) posted its earnings results 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 analyst estimates of $369.94 million. QEP Resources had a return on equity of 4.66% and a net margin of 8.51%. The company's quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.14) EPS. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for QEP Resources.

15 equities research analysts have issued 12-month price targets for QEP Resources' shares. Their predictions range from $9.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $12.8833 in the next twelve months. This suggests a possible upside of 6.0% from the stock's current price. View Analyst Ratings for QEP Resources.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating, 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to QEP Resources include Cabot Oil & Gas (COG), Parsley Energy (PE), Cimarex Energy (XEC), RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC) and PDC Energy (PDCE).

Media coverage about QEP stock has trended somewhat negative this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. QEP Resources earned a media sentiment score of 0.00 on Accern's scale. They also assigned press coverage about the pipeline company an impact score of 45.97 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

QEP Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Creative Planning (0.16%), Thompson Rubinstein Investment Management Inc. OR (0.14%), James Investment Research Inc. (0.07%), Bank of Montreal Can (0.07%), Municipal Employees Retirement System of Michigan (0.02%) and State of Alaska Department of Revenue (0.01%). Company insiders that own QEP Resources stock include 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 Creative Planning, Municipal Employees Retirement System of Michigan and Bank of Montreal Can. View Insider Buying and Selling for QEP Resources.

QEP stock was purchased by a variety of institutional investors in the last quarter, including James Investment Research Inc., Thompson Rubinstein Investment Management Inc. OR, Whittier Trust Co. of Nevada Inc., State of Alaska Department of Revenue and Oakbrook Investments LLC. Company insiders that have bought QEP Resources stock in the last two years include 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 $12.15.

QEP Resources has a market capitalization of $2.95 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]