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

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$8.37 +0.13 (+1.58 %)
(As of 02/18/2019 03:53 PM ET)
Previous Close$8.24
Today's Range$8.28 - $8.4750
52-Week Range$5.00 - $13.77
Volume4.01 million shs
Average Volume7.37 million shs
Market Capitalization$1.98 billion
P/E Ratio10.87
Dividend YieldN/A
Beta2.1
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$4.0631 per share
Book Value$15.76 per share

Profitability

Net Income$269.30 million

Miscellaneous

Employees656
Market Cap$1.98 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 of Directors has approved a share buyback program 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 buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) posted its earnings results on Wednesday, April, 25th. The pipeline company reported ($0.20) earnings per share for the quarter, missing the consensus estimate of ($0.19) by $0.01. The pipeline company had revenue of $428.90 million for the quarter, compared to the consensus estimate of $369.94 million. QEP Resources had a negative net margin of 11.89% and a positive return on equity of 7.86%. The business's revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.14) 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 20th 2019. View Earnings Estimates for QEP Resources.

How can I listen to QEP Resources' earnings call?

QEP Resources will be holding an earnings conference call on Thursday, February 21st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8778693847.

What price target have analysts set for QEP?

16 analysts have issued 12 month price targets for QEP Resources' stock. Their predictions range from $8.00 to $19.00. On average, they expect QEP Resources' stock price to reach $13.3269 in the next year. This suggests a possible upside of 59.2% 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 10 hold ratings and 6 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?

News headlines about QEP stock have been trending positive this week, InfoTrie reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. QEP Resources earned a daily sentiment score of 2.3 on InfoTrie's scale. They also gave news headlines about the pipeline company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days.

Are investors shorting QEP Resources?

QEP Resources saw a decline in short interest in January. As of January 15th, there was short interest totalling 19,217,006 shares, a decline of 32.5% from the December 31st total of 28,473,145 shares. Based on an average daily trading volume, of 13,513,494 shares, the short-interest ratio is presently 1.4 days. Approximately 8.2% of the shares of the company 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. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 49)
  • 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

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.04%), Dimensional Fund Advisors LP (7.63%), D. E. Shaw & Co. Inc. (3.32%), Oslo Asset Management AS (2.60%), Hsbc Holdings PLC (2.51%) and Bank of New York Mellon Corp (1.61%). 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 D. E. Shaw & Co. Inc., Bank of Nova Scotia, Wedge Capital Management L L P NC, Bank of America Corp DE, First Trust Advisors LP, Bank of New York Mellon Corp, Comerica Bank and Thompson Rubinstein Investment Management Inc. OR. 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 Hsbc Holdings PLC, Oslo Asset Management AS, Two Sigma Investments LP, Nomura Holdings Inc., Dimensional Fund Advisors LP, BlackRock Inc., Perella Weinberg Partners Capital Management LP and Oregon Public Employees Retirement Fund. 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 $8.37.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $1.98 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:  434 (Vote Outperform)
Underperform Votes:  425 (Vote Underperform)
Total Votes:  859
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 2/18/2019 by MarketBeat.com Staff

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