NYSE:QEPQEP Resources Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding QEP Resources Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $0.90 +0.04 (+4.67 %) (As of 06/1/2020 04:00 PM ET) Add Compare Share Today's Range$0.83Now: $0.90▼$0.9150-Day Range$0.29MA: $0.65▼$0.9952-Week Range$0.26Now: $0.90▼$7.42Volume7.34 million shsAverage Volume10.43 million shsMarket Capitalization$213.21 millionP/E Ratio0.55Dividend Yield9.37%Beta4.78 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.9 Analyst's Opinion Consensus RatingQEP Resources has received a consensus rating of Hold. The company's average rating score is 1.86, and is based on 2 buy ratings, 8 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.53, QEP Resources has a potential upside of 404.4% from its current price of $0.90.Amount of Analyst CoverageQEP Resources has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesQEP Resources has received 505 “outperform” votes. (Add your “outperform” vote.)Underperform VotesQEP Resources has received 497 “underperform” votes. (Add your “underperform” vote.)Community SentimentQEP Resources has received 50.40% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipQEP Resources is a leading dividend payer. It pays a dividend yield of 9.37%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthQEP Resources does not have a long track record of dividend growth. Previous Next 4.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, QEP Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $105,500.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 2.87% of the stock of QEP Resources is held by insiders.Percentage Held by Institutions90.08% of the stock of QEP Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for QEP Resources are expected to decrease in the coming year, from $0.26 to ($0.80) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of QEP Resources is 0.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.51.Price to Earnings Ratio vs. SectorThe P/E ratio of QEP Resources is 0.55, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.61.Price to Book Value per Share RatioQEP Resources has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.9Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.79 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Crude petroleum & natural gas Sub-IndustryOil & Gas Exploration & Production SectorOils/Energy Current SymbolNYSE:QEP Previous Symbol CUSIP74733V10 CIK1108827 Webwww.qepres.com Phone303-672-6900Debt Debt-to-Equity Ratio0.54 Current Ratio1.08 Quick Ratio1.08Price-To-Earnings Trailing P/E Ratio0.55 Forward P/E Ratio3.45 P/E GrowthN/A Sales & Book Value Annual Sales$1.21 billion Price / Sales0.18 Cash Flow$2.42 per share Price / Cash Flow0.37 Book Value$11.19 per share Price / Book0.08Profitability EPS (Most Recent Fiscal Year)N/A Net Income$-97,300,000.00 Net Margins33.59% Return on Equity0.94% Return on Assets0.47%Miscellaneous Employees465 Outstanding Shares237,661,000Market Cap$213.21 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable QEP Rates by TradingView Receive QEP News and Ratings via Email Sign-up to receive the latest news and ratings for QEP and its competitors with MarketBeat's FREE daily newsletter. QEP Resources (NYSE:QEP) Frequently Asked Questions How has QEP Resources' stock been impacted by COVID-19 (Coronavirus)? QEP Resources' stock was trading at $0.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QEP stock has increased by 47.1% and is now trading at $0.8971. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of QEP Resources? 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 4 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for QEP Resources. When is QEP Resources' next earnings date? QEP Resources is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for QEP Resources. How were QEP Resources' earnings last quarter? QEP Resources Inc (NYSE:QEP) announced its quarterly earnings results on Wednesday, April, 29th. The pipeline company reported $0.21 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.16. The pipeline company had revenue of $225.80 million for the quarter, compared to analyst estimates of $271.46 million. QEP Resources had a net margin of 33.59% and a return on equity of 0.94%. View QEP Resources' earnings history. How often does QEP Resources pay dividends? What is the dividend yield for QEP Resources? QEP Resources announced a quarterly dividend on Thursday, February 20th. Investors 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 8.92%. The ex-dividend date is Thursday, March 5th. View QEP Resources' dividend history. What price target have analysts set for QEP? 14 brokerages have issued 12-month target prices for QEP Resources' shares. Their forecasts range from $1.00 to $9.00. On average, they expect QEP Resources' share price to reach $4.53 in the next twelve months. This suggests a possible upside of 404.4% from the stock's current price. View analysts' price targets for QEP Resources. Has QEP Resources been receiving favorable news coverage? Headlines about QEP stock have been trending extremely positive recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media 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 negative five to positive five, with scores closest to five being the most favorable. QEP Resources earned a news impact score of 5.0 on InfoTrie's scale. They also assigned news articles 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 immediate future. View the latest news aboutQEP Resources. Are investors shorting QEP Resources? QEP Resources saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 18,190,000 shares, an increase of 30.2% from the April 15th total of 13,970,000 shares. Based on an average trading volume of 10,950,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 7.7% of the shares of the company are short sold. View QEP Resources' Current Options Chain. Who are some of QEP Resources' key competitors? 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), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all 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), Oasis Petroleum (OAS), CBL & Associates Properties (CBL), Ford Motor (F), Chesapeake Energy (CHK), AT&T (T), Callon Petroleum (CPE), Cornerstone Total Return Fund (CRF), Centurylink (CTL) and SandRidge Permian Trust (PER). Who are QEP Resources' key executives? QEP Resources' management team includes the following 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 & VPMr. William Kent, Director of Investor Relations What is QEP Resources' stock symbol? QEP Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "QEP." Who are QEP Resources' major shareholders? QEP Resources' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.25%), State Street Corp (9.02%), Wells Fargo & Company MN (1.62%), Two Sigma Investments LP (1.45%), Geode Capital Management LLC (1.39%) and Bank of New York Mellon Corp (1.27%). 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. Which major investors are selling QEP Resources stock? QEP stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Wellington Management Group LLP, Wells Fargo & Company MN, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., Deutsche Bank AG, Invesco Ltd., and Bank of New York Mellon Corp. View insider buying and selling activity for QEP Resources. Which major investors are buying QEP Resources stock? QEP stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Two Sigma Investments LP, Thrivent Financial for Lutherans, Two Sigma Advisers LP, Healthcare of Ontario Pension Plan Trust Fund, JPMorgan Chase & Co., SG Americas Securities LLC, and Quantitative Investment 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. 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, Robinhood, Fidelity, and Charles Schwab. What is QEP Resources' stock price today? One share of QEP stock can currently be purchased for approximately $0.90. How big of a company is QEP Resources? QEP Resources has a market capitalization of $213.21 million and generates $1.21 billion in revenue each year. QEP Resources employs 465 workers across the globe. What is QEP Resources' official website? The official website for QEP Resources is 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] This page was last updated on 6/1/2020 by MarketBeat.com Staff
