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

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$9.00 +0.25 (+2.86 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$8.75
Today's Range$8.74 - $9.01
52-Week Range$5.00 - $13.77
Volume4.40 million shs
Average Volume11.51 million shs
Market Capitalization$2.06 billion
P/E Ratio11.69
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

Price-To-Earnings

Sales & Book Value

Annual Sales$1.62 billion
Cash Flow$4.0724 per share
Book Value$15.76 per share

Profitability

Net Income$269.30 million

Miscellaneous

Employees656
Market Cap$2.06 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 has approved a share repurchase program on Thursday, March 1st 2018, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) released its quarterly earnings data on Wednesday, November, 7th. The pipeline company reported $0.17 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.18. The pipeline company earned $560.80 million during the quarter, compared to analyst estimates of $497.45 million. QEP Resources had a negative net margin of 11.89% and a positive return on equity of 7.86%. QEP Resources's quarterly revenue was up 43.8% compared to the same quarter last year. During the same period in the previous year, the business posted ($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 Wall Street analysts have issued 12-month target prices for QEP Resources' stock. Their predictions range from $8.00 to $19.00. On average, they expect QEP Resources' share price to reach $13.25 in the next year. This suggests a possible upside of 47.2% 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 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?

Headlines about QEP stock have been trending somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. QEP Resources earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.

Are investors shorting QEP Resources?

QEP Resources saw a increase in short interest in the month of 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 trading volume of 8,150,037 shares, the days-to-cover ratio is currently 3.5 days. Approximately 12.1% of the company's stock are sold short. 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 60)
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 49)
  • 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 retail and institutional investors. Top institutional investors include Thompson Rubinstein Investment Management Inc. OR (0.12%), Louisiana State Employees Retirement System (0.03%), Oakbrook Investments LLC (0.01%), Virtu Financial LLC (0.01%) and E&G Advisors LP (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 institutional investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including Thompson Rubinstein Investment Management Inc. OR, E&G Advisors LP, Oakbrook Investments LLC and Louisiana State Employees Retirement System. 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 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 $9.00.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $2.06 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:  431 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  848
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 1/18/2019 by MarketBeat.com Staff

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