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 Thursday, February 20th. Stockholders of record on Friday, March 6th will be paid a dividend of $0.02 per share on Friday, March 20th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date of this dividend is Thursday, March 5th. View QEP Resources' Dividend History.

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

QEP Resources Inc (NYSE:QEP) released its earnings results on Wednesday, October, 23rd. The pipeline company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. The pipeline company earned $307.50 million during the quarter, compared to analyst estimates of $295.03 million. QEP Resources had a negative net margin of 47.59% and a positive return on equity of 0.30%. The firm's quarterly revenue was down 45.2% compared to the same quarter last year. During the same period in the prior year, the company earned $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 analysts have issued 1 year price targets for QEP Resources' shares. Their forecasts range from $5.00 to $9.00. On average, they anticipate QEP Resources' share price to reach $6.75 in the next year. This suggests a possible upside of 180.1% 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.

Media coverage about QEP stock has trended neutral on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. QEP Resources earned a news sentiment score of 0.4 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for QEP Resources.

QEP Resources saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 19,180,000 shares, a drop 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 presently 2.9 days. Approximately 8.2% of the company's shares 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), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT).

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 a number of of retail and institutional investors. Top institutional shareholders include State Street Corp (6.33%), Alliancebernstein L.P. (4.24%), FMR LLC (2.17%), Bank of New York Mellon Corp (1.66%), Geode Capital Management LLC (1.38%) and Caymus Capital Partners L.P. (1.36%). 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 bought 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 $2.41.

QEP Resources has a market capitalization of $573.08 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]