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

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

QEP Resources announced that its board has approved a share buyback plan on Thursday, March 1st 2018, which permits the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) released its earnings results on Wednesday, July, 25th. The pipeline company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.18. The pipeline company had revenue of $532.40 million for the quarter, compared to the consensus estimate of $434.12 million. QEP Resources had a positive return on equity of 5.96% and a negative net margin of 13.63%. The firm's revenue was up 38.8% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.12) EPS. View QEP Resources' Earnings History.

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

15 analysts have issued 12 month price targets for QEP Resources' stock. Their predictions range from $9.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.5179 in the next twelve months. This suggests a possible upside of 45.7% from the stock's current price. View Analyst Price Targets 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, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

Some companies that are related to QEP Resources include Cimarex Energy (XEC), WPX Energy (WPX), RSP Permian (RSPP), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Centennial Resource Development (CDEV), Vermilion Energy (VET), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Viper Energy Partners (VNOM), Oasis Petroleum (OAS), Range Resources (RRC) and Black Stone Minerals (BSM).

News coverage about QEP stock has trended somewhat positive this week, Accern reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QEP Resources earned a daily sentiment score of 0.10 on Accern's scale. They also gave media stories about the pipeline company an impact score of 46.69 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for QEP Resources.

QEP Resources' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.65%), Dimensional Fund Advisors LP (6.43%), Bank of New York Mellon Corp (1.63%), Vaughan Nelson Investment Management L.P. (1.58%), Frontier Capital Management Co. LLC (1.23%) and Wells Fargo & Company MN (1.18%). 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 Millennium Management LLC, Bank of Nova Scotia, Nomura Holdings Inc., Bank of America Corp DE, Aristotle Capital Boston LLC, Caymus Capital Partners L.P., BlackRock Inc. and Vaughan Nelson Investment Management L.P.. 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, Pinnacle Associates Ltd., FMR LLC, Wells Fargo & Company MN, First Trust Advisors LP, James Investment Research Inc., Signition LP and Boston Partners. 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 $9.28.

QEP Resources has a market capitalization of $2.37 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]