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

$3.51
-0.34 (-8.83 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$3.47
Now: $3.51
$3.75
50-Day Range
$3.56
MA: $5.15
$7.29
52-Week Range
$3.39
Now: $3.51
$12.05
Volume3.71 million shs
Average Volume6.66 million shs
Market Capitalization$835.06 million
P/E Ratio26.53
Dividend Yield2.01%
Beta1.92
QEP Resources, Inc operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota. As of December 31, 2018, it had estimated proved reserves of approximately 658.2 MMboe. The company sells its gas, oil, and natural gas liquids to various customers, including wholesale marketers, industrial users, local distribution companies, midstream service providers, and utility companies. Read More…

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$1.93 billion
Cash Flow$3.0522 per share
Book Value$11.30 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$835.06 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 often does QEP Resources pay dividends? What is the dividend yield for QEP Resources?

QEP Resources declared a quarterly dividend on Wednesday, August 7th. Shareholders of record on Tuesday, August 20th will be paid a dividend of $0.02 per share on Tuesday, September 10th. This represents a $0.08 annualized dividend and a yield of 2.28%. The ex-dividend date is Monday, August 19th. View QEP Resources' Dividend History.

How will QEP Resources' stock buyback program work?

QEP Resources declared that its Board of Directors has authorized a share repurchase program on Thursday, March 1st 2018, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) announced its quarterly earnings data on Wednesday, August, 7th. The pipeline company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.07. The pipeline company earned $296.20 million during the quarter, compared to analysts' expectations of $293.93 million. QEP Resources had a positive return on equity of 1.29% and a negative net margin of 44.56%. The company's revenue was down 44.4% compared to the same quarter last year. During the same period last year, the business posted $0.06 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, November 6th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

13 brokers have issued twelve-month target prices for QEP Resources' stock. Their predictions range from $5.00 to $14.00. On average, they anticipate QEP Resources' share price to reach $9.25 in the next twelve months. This suggests a possible upside of 163.5% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating and 12 hold 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?

News stories about QEP stock have been trending positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog 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 news sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 16,952,100 shares, an increase of 14.7% from the June 15th total of 14,779,500 shares. Based on an average daily volume of 4,960,000 shares, the days-to-cover ratio is presently 3.4 days. Approximately 7.3% of the company's stock are short sold. View QEP Resources' Current Options Chain.

Who are some of QEP Resources' key competitors?

What other stocks do shareholders of QEP Resources own?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • 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
  • Mr. William Kent, Director of Investor Relations

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.85%), Vanguard Group Inc. (9.35%), D. E. Shaw & Co. Inc. (2.70%), Oslo Asset Management AS (2.51%), Wells Fargo & Company MN (2.47%) and Invesco Ltd. (1.40%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. 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 TIG Advisors LLC, Oslo Asset Management AS, D. E. Shaw & Co. Inc., Vaughan Nelson Investment Management L.P., First Trust Advisors LP, UBS Asset Management Americas Inc., TT International and Paulson & CO. Inc.. View Insider Buying and Selling for QEP Resources.

Which major investors are buying QEP Resources stock?

QEP stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Nuveen Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Morgan Stanley and Balyasny Asset Management LLC. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. 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 $3.51.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $835.06 million and generates $1.93 billion in revenue each year. The pipeline company earns $-1,011,600,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. QEP Resources employs 465 workers across the globe.View Additional Information About QEP Resources.

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:  457 (Vote Outperform)
Underperform Votes:  465 (Vote Underperform)
Total Votes:  922
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 8/24/2019 by MarketBeat.com Staff

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