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

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$9.28 -0.04 (-0.43 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$9.28
Today's Range$9.15 - $9.43
52-Week Range$7.04 - $13.77
Volume3.29 million shs
Average Volume5.48 million shs
Market Capitalization$2.37 billion
P/E Ratio12.05
Dividend YieldN/A
Beta1.38
QEP Resources logoQEP 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

Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:QEP
CUSIP74733V10
Phone303-672-6900

Debt

Debt-to-Equity Ratio0.79
Current Ratio0.34
Quick Ratio0.34

Price-To-Earnings

Trailing P/E Ratio12.05
Forward P/E Ratio-71.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales1.36
Cash Flow$3.6392 per share
Price / Cash2.55
Book Value$15.76 per share
Price / Book0.59

Profitability

EPS (Most Recent Fiscal Year)$0.77
Net Income$269.30 million
Net Margins-13.63%
Return on Equity5.96%
Return on Assets2.91%

Miscellaneous

Employees656
Outstanding Shares236,980,000
Market Cap$2.37 billion

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 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.

How were QEP Resources' earnings last quarter?

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.

When is QEP Resources' next earnings date?

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

What price target have analysts set for QEP?

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.

What is the consensus analysts' recommendation 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.

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)
  • Mr. Jim E. Torgerson, Exec. VP of QEP Energy (Age 54)
  • Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 44)

Has QEP Resources been receiving favorable news coverage?

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.

Who are QEP Resources' major shareholders?

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.

Which institutional investors are selling QEP Resources stock?

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.

Which institutional investors are buying QEP Resources stock?

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.

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 $9.28.

How big of a company is QEP Resources?

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.

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:  2.6 out of 5 (star star)
Outperform Votes:  404 (Vote Outperform)
Underperform Votes:  385 (Vote Underperform)
Total Votes:  789
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 8/18/2018 by MarketBeat.com Staff

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