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

QEP Resources' stock was trading at $0.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, QEP stock has decreased by 37.6% and is now trading at $0.3806. View which stocks have been mosted impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 2 sell ratings, 10 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for QEP Resources.

QEP Resources is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for QEP Resources.

QEP Resources Inc (NYSE:QEP) announced its quarterly earnings results on Wednesday, February, 26th. The pipeline company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.08 by $0.18. The pipeline company had revenue of $321.90 million for the quarter, compared to analysts' expectations of $329.18 million. QEP Resources had a negative net margin of 8.07% and a positive return on equity of 0.44%. View QEP Resources' earnings history.

QEP Resources announced a quarterly dividend on Thursday, February 20th. Investors of record on Friday, March 6th will be given a dividend of $0.02 per share on Friday, March 20th. This represents a $0.08 annualized dividend and a dividend yield of 21.02%. The ex-dividend date of this dividend is Thursday, March 5th. View QEP Resources' dividend history.

14 analysts have issued 1 year price targets for QEP Resources' shares. Their forecasts range from $1.00 to $9.00. On average, they expect QEP Resources' stock price to reach $5.23 in the next twelve months. This suggests a possible upside of 1,272.8% from the stock's current price. View analysts' price targets for QEP Resources.

Press coverage about QEP stock has been trending somewhat negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing 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 coverage optimism 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 media coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutQEP Resources.

QEP Resources saw a decline in short interest in March. As of March 13th, there was short interest totaling 19,905,900 shares, a decline of 20.4% from the February 27th total of 25,020,000 shares. Based on an average daily volume of 8,010,000 shares, the short-interest ratio is currently 2.5 days. Approximately 8.6% of the company's stock are sold short. 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX) and SRC Energy (SRCI).

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), Oasis Petroleum (OAS), AT&T (T), Chesapeake Energy (CHK), SandRidge Permian Trust (PER), Centurylink (CTL) and SunCoke Energy Partners (SXCP).

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

QEP Resources' stock is owned by many different 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%), Norges Bank (1.44%) and Geode Capital Management LLC (1.38%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice, Joseph N Jaggers, 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 activity for QEP Resources.

QEP stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, Caymus Capital Partners L.P., Renaissance Technologies LLC, Marshall Wace North America L.P., Man Group plc, State Street Corp, Foundry Partners LLC, and River Road Asset Management LLC. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice, Joseph N Jaggers, Michael J Minarovic, Richard J Doleshek, and Timothy J Cutt. View insider buying and selling activity 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 $0.38.

QEP Resources has a market capitalization of $90.45 million and generates $1.21 billion in revenue each year. 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]