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

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$8.62 -0.06 (-0.69 %)
(As of 01/17/2019 09:52 AM ET)
Previous Close$8.68
Today's Range$8.56 - $8.64
52-Week Range$5.00 - $13.77
Volume144,027 shs
Average Volume10.07 million shs
Market Capitalization$2.07 billion
P/E Ratio11.19
Dividend YieldN/A
Beta1.61
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

Current Ratio0.35
Quick Ratio0.35

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales1.26
Cash Flow$3.8655 per share
Price / Cash Flow2.23
Book Value$15.76 per share
Price / Book0.55

Profitability

Net Income$269.30 million
Net Margins-11.89%
Return on Assets3.78%

Miscellaneous

Employees656
Market Cap$2.07 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 initiated a stock buyback program 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. Shares buyback programs 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) posted its quarterly earnings results on Wednesday, November, 7th. The pipeline company reported $0.17 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.18. The pipeline company had revenue of $560.80 million for the quarter, compared to the consensus estimate of $497.45 million. QEP Resources had a positive return on equity of 7.86% and a negative net margin of 11.89%. The company's quarterly revenue was up 43.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.10) 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 27th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

16 equities research analysts have issued twelve-month target prices for QEP Resources' shares. Their predictions range from $8.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.25 in the next twelve months. This suggests a possible upside of 53.7% 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 11 hold ratings and 5 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?

Press coverage about QEP stock has been trending somewhat negative on Thursday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. QEP Resources earned a news impact score of -1.6 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.

Are investors shorting QEP Resources?

QEP Resources saw a increase in short interest in December. As of December 31st, there was short interest totalling 28,473,145 shares, an increase of 66.3% from the December 14th total of 17,119,562 shares. Based on an average daily trading volume, of 8,150,037 shares, the short-interest ratio is currently 3.5 days. Approximately 12.1% of the shares of the company 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. Charles B. Stanley, Chairman, Pres & CEO (Age 59)
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 60)
  • Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 48)
  • Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 44)
  • Mr. Jamie C. Cutler, Chief Information Officer & VP

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Louisiana State Employees Retirement System (0.03%) and Virtu Financial LLC (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.

Which major investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View Insider Buying and Selling for QEP Resources.

Which major investors are buying QEP Resources stock?

QEP stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial 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.

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 $8.62.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $2.07 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:  430 (Vote Outperform)
Underperform Votes:  416 (Vote Underperform)
Total Votes:  846
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 1/17/2019 by MarketBeat.com Staff

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