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

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$8.10 0.00 (0.00 %)
(As of 03/21/2019 04:00 PM ET)
Previous Close$8.10
Today's Range$7.98 - $8.18
52-Week Range$5.00 - $13.77
Volume6.78 million shs
Average Volume6.25 million shs
Market Capitalization$1.91 billion
P/E Ratio-47.65
Dividend YieldN/A
Beta2.14
QEP Resources, Inc. operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota. As of December 31, 2018, it had estimated proved reserves of approximately 658.2 MMboe. The company sells its gas, oil, and natural gas liquids to various customers, including wholesale marketers, industrial users, local distribution companies, midstream service providers, and utility companies. QEP Resources, Inc. was incorporated in 2010 and 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$1.93 billion
Cash Flow$3.60 per share
Book Value$11.62 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$1.91 billion
Next Earnings Date4/24/2019 (Estimated)
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 initiated 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign 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 earnings results on Wednesday, February, 20th. The pipeline company reported ($0.13) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by $0.15. The pipeline company had revenue of $410.50 million for the quarter, compared to the consensus estimate of $434.58 million. QEP Resources had a negative net margin of 52.34% and a negative return on equity of 0.73%. The firm's revenue was down 4.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.13 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, April 24th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

16 Wall Street analysts have issued 12 month price targets for QEP Resources' stock. Their predictions range from $8.00 to $19.00. On average, they anticipate QEP Resources' stock price to reach $13.3269 in the next twelve months. This suggests a possible upside of 64.5% 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?

Press coverage about QEP stock has been trending very negative on Thursday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. QEP Resources earned a news sentiment score of -3.6 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of QEP Resources' key competitors?

What other stocks do shareholders of QEP Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other QEP Resources investors own include Energy Transfer LP Unit (ET), AT&T (T), Alibaba Group (BABA), Range Resources (RRC), Bank of America (BAC), Weyerhaeuser (wy), Caterpillar (CAT), Tesla (TSLA), Schlumberger (SLB) and Anadarko Petroleum (APC).

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • 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
  • Mr. William Kent, Director of Investor Relations

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (9.04%), Dimensional Fund Advisors LP (7.64%), 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 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, FMR LLC, Bank of America Corp DE, Walthausen & Co. LLC, First Trust Advisors LP and Bank of New York Mellon Corp. 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 Norges Bank, Hsbc Holdings PLC, Oslo Asset Management AS, Two Sigma Investments LP, Nomura Holdings Inc., Dimensional Fund Advisors LP, BlackRock Inc. and Perella Weinberg Partners Capital Management LP. Company insiders that have bought QEP Resources stock in the last two years include David A Trice, Julie Dill 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 $8.10.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $1.91 billion 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.

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:  438 (Vote Outperform)
Underperform Votes:  432 (Vote Underperform)
Total Votes:  870
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 3/21/2019 by MarketBeat.com Staff

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