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

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

QEP Resources announced a quarterly dividend on Monday, October 21st. Shareholders of record on Friday, November 15th will be given a dividend of $0.02 per share on Friday, December 6th. This represents a $0.08 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date is Thursday, November 14th. View QEP Resources' Dividend History.

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

QEP Resources Inc (NYSE:QEP) issued its earnings results on Wednesday, October, 23rd. The pipeline company reported $0.05 earnings per share for the quarter, meeting the consensus estimate of $0.05. The pipeline company had revenue of $307.50 million for the quarter, compared to analyst estimates of $295.03 million. QEP Resources had a positive return on equity of 0.30% and a negative net margin of 47.59%. The firm's revenue for the quarter was down 45.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 EPS. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for QEP Resources.

QEP Resources will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

11 Wall Street analysts have issued 12-month price targets for QEP Resources' shares. Their forecasts range from $5.00 to $9.00. On average, they anticipate QEP Resources' stock price to reach $6.75 in the next twelve months. This suggests a possible upside of 139.8% from the stock's current price. View Analyst Price Targets for QEP Resources.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

News coverage about QEP stock has been trending very negative on Thursday, according to InfoTrie Sentiment. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. QEP Resources earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for QEP Resources.

QEP Resources saw a decrease in short interest in January. As of January 31st, there was short interest totalling 19,180,000 shares, a decrease of 18.4% from the January 15th total of 23,500,000 shares. Based on an average daily volume of 6,680,000 shares, the short-interest ratio is currently 2.9 days. Currently, 8.2% of the company's stock are short sold. View QEP Resources' Current Options Chain.

Some companies that are related to QEP Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and Matador Resources (MTDR).

Based on aggregate information from My MarketBeat watchlists, some companies that other QEP Resources investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Ford Motor (F), Cornerstone Total Return Fund (CRF), AT&T (T), Oasis Petroleum (OAS), SandRidge Permian Trust (PER), Chesapeake Energy (CHK), Centurylink (CTL) and SunCoke Energy Partners (SXCP).

QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include State Street Corp (6.33%), Alliancebernstein L.P. (4.24%), FMR LLC (2.17%), Bank of New York Mellon Corp (1.66%), Caymus Capital Partners L.P. (1.36%) and Connor Clark & Lunn Investment Management Ltd. (1.35%). 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.

QEP stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Oslo Asset Management AS, Alyeska Investment Group L.P., Walthausen & Co. LLC, AQR Capital Management LLC, Rafferty Asset Management LLC, Pinnacle Associates Ltd. and SG Americas Securities LLC. View Insider Buying and Selling for QEP Resources.

QEP stock was acquired by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P., Renaissance Technologies LLC, Marshall Wace North America L.P., Man Group plc, State Street Corp, Foundry Partners LLC, River Road Asset Management LLC and FMR 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.

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, Robinhood, Fidelity and Charles Schwab.

One share of QEP stock can currently be purchased for approximately $2.82.

QEP Resources has a market capitalization of $669.38 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.

The official website for QEP Resources is http://www.qepres.com/.

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]