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

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$8.37 +0.13 (+1.58 %)
(As of 02/18/2019 07:39 AM ET)
Previous Close$8.24
Today's Range$8.28 - $8.4750
52-Week Range$5.00 - $13.77
Volume4.01 million shs
Average Volume7.37 million shs
Market Capitalization$1.98 billion
P/E Ratio10.87
Dividend YieldN/A
Beta2.1
QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in western Texas, Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, Uinta Basin in eastern Utah, and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2017, it had estimated proved reserves of 684.7 MMboe. The company sells its gas, oil, and natural gas liquids (NGL) to various customers, including wholesale marketers, industrial users, local distribution companies, utilities, and other companies. In addition, it operates an underground gas storage facility. QEP Resources, Inc. is headquartered in Denver, Colorado.

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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$1.62 billion
Cash Flow$4.0631 per share
Book Value$15.76 per share

Profitability

Net Income$269.30 million

Miscellaneous

Employees656
Market Cap$1.98 billion
OptionableOptionable

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 will QEP Resources' stock buyback program work?

QEP Resources declared that its Board of Directors has authorized 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 repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings results on Wednesday, April, 25th. The pipeline company reported ($0.20) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.01. The pipeline company had revenue of $428.90 million for the quarter, compared to the consensus estimate of $369.94 million. QEP Resources had a positive return on equity of 7.86% and a negative net margin of 11.89%. The business's revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.14) EPS. 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 20th 2019. View Earnings Estimates for QEP Resources.

How can I listen to QEP Resources' earnings call?

QEP Resources will be holding an earnings conference call on Thursday, February 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778693847.

What price target have analysts set for QEP?

16 brokers have issued 12-month target prices for QEP Resources' shares. Their forecasts range from $8.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.3269 in the next year. This suggests a possible upside of 59.2% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 10 hold ratings and 6 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 trended somewhat positive on Monday, according to InfoTrie. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 1.6 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.

Are investors shorting QEP Resources?

QEP Resources saw a drop in short interest during the month of January. As of January 15th, there was short interest totalling 19,217,006 shares, a drop of 32.5% from the December 31st total of 28,473,145 shares. Based on an average daily volume of 13,513,494 shares, the short-interest ratio is currently 1.4 days. Currently, 8.2% of the company's shares are short sold. View QEP Resources' Current Options Chain.

Who are some of QEP Resources' key competitors?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 49)
  • 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

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.04%), Dimensional Fund Advisors LP (7.63%), D. E. Shaw & Co. Inc. (3.32%), Oslo Asset Management AS (2.60%), Hsbc Holdings PLC (2.51%) and Bank of New York Mellon Corp (1.61%). 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.

Which institutional investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Bank of Nova Scotia, Wedge Capital Management L L P NC, Bank of America Corp DE, First Trust Advisors LP, Bank of New York Mellon Corp, Comerica Bank and Thompson Rubinstein Investment Management Inc. OR. View Insider Buying and Selling for QEP Resources.

Which institutional investors are buying QEP Resources stock?

QEP stock was acquired by a variety of institutional investors in the last quarter, including Hsbc Holdings PLC, Oslo Asset Management AS, Two Sigma Investments LP, Nomura Holdings Inc., Dimensional Fund Advisors LP, BlackRock Inc., Perella Weinberg Partners Capital Management LP and Oregon Public Employees Retirement Fund. 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.

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, Scottrade, Fidelity and Charles Schwab.

What is QEP Resources' stock price today?

One share of QEP stock can currently be purchased for approximately $8.37.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $1.98 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.

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:  434 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  859
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 2/18/2019 by MarketBeat.com Staff

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