QEP Resources Company Profile (NYSE:QEP)

About QEP Resources (NYSE:QEP)

QEP Resources logoQEP Resources, Inc. is an independent crude oil and natural gas exploration and production company. The Company focuses on two regions of the United States: the Northern Region (primarily in North Dakota, Wyoming and Utah) and the Southern Region (primarily in Texas and Louisiana). The Company conducts exploration and production activities in North America's hydrocarbon resource plays. The Company has an inventory of developed and undeveloped drilling locations in the Permian Basin in western Texas, the Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, the Uinta Basin in eastern Utah and other properties in Wyoming, Utah and Colorado. It sells gas volumes to wholesale marketers, industrial users, local distribution companies and utilities. It sells oil and natural gas liquid (NGL) volumes to refiners, marketers and other companies.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Integrated Oil & Gas
  • Sub-Industry: Oil & Gas Exploration & Production
  • Symbol: NYSE:QEP
  • CUSIP: 74733V10
  • Web: www.qepres.com
  • Market Cap: $2.07 billion
  • Outstanding Shares: 240,555,000
Average Prices:
  • 50 Day Moving Avg: $8.17
  • 200 Day Moving Avg: $9.50
  • 52 Week Range: $7.02 - $21.12
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -28.73
  • P/E Growth: -0.83
Sales & Book Value:
  • Annual Revenue: $1.59 billion
  • Price / Sales: 1.30
  • Book Value: $15.11 per share
  • Price / Book: 0.57
  • EBITDA: $822.6 million
  • Net Margins: -3.90%
  • Return on Equity: -4.24%
  • Return on Assets: -2.10%
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 0.82%
  • Quick Ratio: 0.80%
  • Average Volume: 5.88 million shs.
  • Beta: 1.7
  • Short Ratio: 3.27

Frequently Asked Questions for QEP Resources (NYSE:QEP)

What is QEP Resources' stock symbol?

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

How were QEP Resources' earnings last quarter?

QEP Resources, Inc. (NYSE:QEP) posted its quarterly earnings data on Wednesday, July, 26th. The company reported ($0.12) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.20) by $0.08. The company earned $383.70 million during the quarter, compared to analysts' expectations of $413.27 million. QEP Resources had a negative net margin of 3.90% and a negative return on equity of 4.24%. The firm's revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.23) earnings per share. View QEP Resources' Earnings History.

When will QEP Resources make its next earnings announcement?

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for QEP Resources.

Where is QEP Resources' stock going? Where will QEP Resources' stock price be in 2017?

15 equities research analysts have issued 1 year price targets for QEP Resources' shares. Their forecasts range from $9.00 to $33.00. On average, they anticipate QEP Resources' share price to reach $15.00 in the next year. View Analyst Ratings for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a drop in short interest in the month of September. As of September 29th, there was short interest totalling 13,423,643 shares, a drop of 24.9% from the September 15th total of 17,868,641 shares. Based on an average daily trading volume, of 7,479,221 shares, the short-interest ratio is currently 1.8 days. Approximately 5.6% of the company's stock are sold short.

Who are some of QEP Resources' key competitors?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:

  • Charles B. Stanley, Chairman of the Board, President, Chief Executive Officer
  • Richard J. Doleshek, Chief Financial Officer, Executive Vice President
  • Jim E. Torgerson, Executive Vice President
  • Alice B. Ley, Chief Accounting Officer, Vice President, Controller
  • Christopher K. Woosley, Vice President, General Counsel and Corporate Secretary
  • Margo D. Fiala, Vice President - Human Resources
  • Myles W. Scoggins, Lead Independent Director
  • Phillips S. Baker Jr., Independent Director
  • Julie A. Dill, Independent Director
  • Robert F. Heinemann, Independent Director

Who owns QEP Resources stock?

QEP Resources' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include INTEGRATED CORE STRATEGIES (US) LLC (5.10%). Company insiders that own QEP Resources stock include Charles B Stanley, Christopher K Woosley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.

How do I buy QEP Resources stock?

Shares of QEP Resources can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is QEP Resources' stock price today?

One share of QEP Resources stock can currently be purchased for approximately $8.62.

MarketBeat Community Rating for QEP Resources (NYSE QEP)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  335 (Vote Outperform)
Underperform Votes:  316 (Vote Underperform)
Total Votes:  651
MarketBeat's community ratings are surveys of what our community members think about QEP Resources and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for QEP Resources (NYSE:QEP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 5 Hold Ratings, 9 Buy Ratings, 1 Strong Buy Rating
Consensus Rating:Buy (Score: 2.73)
Consensus Price Target: $15.00 (74.01% upside)
Consensus Price Target History for QEP Resources (NYSE:QEP)
Price Target History for QEP Resources (NYSE:QEP)
Analysts' Ratings History for QEP Resources (NYSE:QEP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/11/2017Barclays PLCBoost Price TargetOverweight$8.00 -> $9.00N/AView Rating Details
10/10/2017BMO Capital MarketsSet Price TargetBuy$11.00N/AView Rating Details
9/27/2017KLR GroupReiterated RatingBuy$15.00 -> $14.00MediumView Rating Details
9/26/2017Stifel NicolausLower Price TargetBuy -> Buy$26.00 -> $23.00HighView Rating Details
9/18/2017Piper Jaffray CompaniesLower Price TargetOverweight$20.00 -> $12.00LowView Rating Details
8/25/2017Cowen and CompanySet Price TargetBuy$12.00MediumView Rating Details
7/31/2017National SecuritiesInitiated CoverageBuy$11.00MediumView Rating Details
7/27/2017J P Morgan Chase & CoDowngradeOverweight -> Neutral$11.00 -> $9.00HighView Rating Details
7/18/2017Deutsche Bank AGDowngradeBuy -> Hold$18.00 -> $13.00HighView Rating Details
6/15/2017Wolfe ResearchInitiated CoverageMarket PerformHighView Rating Details
6/1/2017Credit Suisse GroupInitiated CoverageNeutral -> Neutral$15.00HighView Rating Details
4/15/2017FBR & CoSet Price TargetBuy$24.00 -> $20.00LowView Rating Details
3/21/2017MizuhoDowngradeBuy -> Neutral$13.00HighView Rating Details
2/10/2017Wells Fargo & CompanyUpgradeMarket Perform -> OutperformN/AView Rating Details
1/12/2017ScotiabankUpgradeOutperform -> Focus Stock$31.00 -> $33.00N/AView Rating Details
10/7/2016Evercore ISIInitiated CoverageHold$22.00N/AView Rating Details
10/6/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$21.00N/AView Rating Details
6/22/2016Cantor FitzgeraldReiterated RatingBuyN/AView Rating Details
6/22/2016Drexel HamiltonReiterated RatingBuy$33.00N/AView Rating Details
6/15/2016SimmonsUpgradeNeutral -> Overweight$20.00 -> $24.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
4/29/2016Raymond James Financial, Inc.UpgradeOutperform -> Strong-Buy$27.00N/AView Rating Details
2/29/2016SunTrust Banks, Inc.Lower Price TargetNeutral$12.00N/AView Rating Details
(Data available from 10/17/2015 forward)


Earnings History for QEP Resources (NYSE:QEP)
Earnings by Quarter for QEP Resources (NYSE:QEP)
Earnings History by Quarter for QEP Resources (NYSE QEP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017($0.21)N/AView Earnings Details
7/26/2017Q2 2017($0.20)($0.12)$413.27 million$383.70 millionViewN/AView Earnings Details
4/26/2017Q1 2017($0.21)($0.14)$402.16 million$420.10 millionViewN/AView Earnings Details
2/22/2017Q4 2016($0.22)($0.15)$395.90 million$399.70 millionViewListenView Earnings Details
10/26/2016Q3($0.24)($0.21)$359.53 million$382.40 millionViewListenView Earnings Details
7/27/2016Q2($0.35)($0.23)$362.17 million$333.70 millionViewListenView Earnings Details
4/27/2016Q116($0.60)($0.53)$393.22 million$261.30 millionViewListenView Earnings Details
2/24/2016Q4($0.12)($0.01)$595.37 million$468.30 millionViewListenView Earnings Details
10/28/2015Q315($0.10)$0.01$606.86 million$536.70 millionViewListenView Earnings Details
8/3/2015Q215($0.10)$0.09$535.05 million$608.60 millionViewN/AView Earnings Details
4/29/2015Q115($0.30)($0.05)$650.40 million$491.60 millionViewN/AView Earnings Details
2/24/2015Q414$0.24$0.22$848.37 million$799.60 millionViewN/AView Earnings Details
11/5/2014Q314$0.26$0.41$755.90 million$910.00 millionViewListenView Earnings Details
8/6/2014Q214$0.33$0.38$766.76 million$936.70 millionViewListenView Earnings Details
5/8/2014Q114$0.25$0.38$689.47 million$883.90 millionViewListenView Earnings Details
2/25/2014Q413$0.23$0.17$821.40 million$715.00 millionViewListenView Earnings Details
11/6/2013Q313$0.39$0.36$795.37 million$772.80 millionViewListenView Earnings Details
7/31/2013Q2 2013$0.35$0.34$823.93 million$751.00 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.30$0.28$785.62 million$696.50 millionViewListenView Earnings Details
2/19/2013Q4 2012$0.31$0.33$674.39 millionViewListenView Earnings Details
10/30/2012Q312$0.35$0.19$619.20 million$542.40 millionViewN/AView Earnings Details
7/31/2012$0.33$0.31ViewN/AView Earnings Details
2/22/2012$0.43$0.58ViewN/AView Earnings Details
10/25/2011$0.38$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for QEP Resources (NYSE:QEP)
2017 EPS Consensus Estimate: ($0.78)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.21)($0.16)($0.19)
Q2 20173($0.24)($0.17)($0.21)
Q3 20173($0.24)($0.21)($0.22)
Q4 20173($0.18)($0.13)($0.16)
(Data provided by Zacks Investment Research)


Current Dividend Information for QEP Resources (NYSE:QEP)
Most Recent Dividend:12/7/2015
Dividend Yield:0.00%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:0.00% (Trailing 12 Months of Earnings)
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for QEP Resources (NYSE:QEP)

Dividend History by Quarter for QEP Resources (NYSE QEP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for QEP Resources (NYSE:QEP)
Insider Ownership Percentage: 1.36%
Institutional Ownership Percentage: 93.21%
Insider Trades by Quarter for QEP Resources (NYSE:QEP)
Institutional Ownership by Quarter for QEP Resources (NYSE:QEP)
Insider Trades by Quarter for QEP Resources (NYSE:QEP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/17/2017David A TriceDirectorBuy25,000$7.20$180,000.00View SEC Filing  
7/28/2017Julie DillDirectorBuy5,000$8.49$42,450.00View SEC Filing  
7/28/2017Richard J DoleshekCFOBuy12,500$7.91$98,875.00View SEC Filing  
2/24/2017Phillips S Baker JrDirectorBuy7,000$14.21$99,470.00View SEC Filing  
6/30/2016Charles B. StanleyCEOBuy16,763$17.85$299,219.55View SEC Filing  
3/8/2016Christopher K WoosleyVPSell1,717$10.24$17,582.08View SEC Filing  
11/14/2014David A TriceDirectorBuy5,000$23.83$119,150.00View SEC Filing  
4/17/2014Abigail JonesVPSell4,154$32.00$132,928.00View SEC Filing  
4/3/2014Abigail JonesVPSell4,154$31.00$128,774.00View SEC Filing  
4/1/2014Abigail JonesVPSell4,154$30.00$124,620.00View SEC Filing  
3/17/2014David TriceDirectorBuy2,500$28.40$71,000.00View SEC Filing  
2/28/2014Thomas OconnorDirectorBuy5,000$28.91$144,550.00View SEC Filing  
11/6/2013Abigail JonesVPSell3,300$32.00$105,600.00View SEC Filing  
9/6/2013Kendall K CarboneVPSell1,654$28.59$47,287.86View SEC Filing  
11/14/2012Keith O RattieDirectorSell23,000$28.13$646,990.00View SEC Filing  
10/5/2012Keith O RattieDirectorSell5,198$32.50$168,935.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for QEP Resources (NYSE:QEP)
Latest Headlines for QEP Resources (NYSE:QEP)
americanbankingnews.com logoQEP Resources, Inc. (QEP) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - October 17 at 4:32 AM
americanbankingnews.com logoQEP Resources (QEP) and Its Competitors Financial Analysis
www.americanbankingnews.com - October 16 at 10:30 PM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Short Interest Down 24.9% in September
www.americanbankingnews.com - October 16 at 1:16 AM
finance.yahoo.com logoAre Shorts Losing Interest in Energy?
finance.yahoo.com - October 13 at 8:27 AM
americanbankingnews.com logo Brokerages Anticipate QEP Resources, Inc. (QEP) Will Announce Quarterly Sales of $385.82 Million
www.americanbankingnews.com - October 12 at 1:38 PM
bizjournals.com logoThese companies in Colorado, elsewhere skipped paying income taxes last year
www.bizjournals.com - October 12 at 8:42 AM
finance.yahoo.com logoWhich Upstream Company Is the Biggest Gainer This Week?
finance.yahoo.com - October 12 at 8:42 AM
americanbankingnews.com logoBarclays PLC Increases QEP Resources, Inc. (QEP) Price Target to $9.00
www.americanbankingnews.com - October 11 at 2:08 PM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - October 8 at 9:10 AM
globenewswire.com logoQEP Resources Announces Third Quarter 2017 Financial and Operational Results Release Date and Conference Call - GlobeNewswire (press release)
globenewswire.com - October 6 at 5:20 AM
finance.yahoo.com logoUS Crude Oil Production Hit July 2015 High
finance.yahoo.com - October 6 at 5:20 AM
feeds.benzinga.com logoQEP Resources Announces Third Quarter 2017 Financial and Operational Results Release Date and Conference Call
feeds.benzinga.com - October 4 at 7:01 PM
americanbankingnews.com logoQEP Resources (QEP) vs. PetroChina Company Limited (PTR) Critical Contrast
www.americanbankingnews.com - October 3 at 8:26 AM
americanbankingnews.com logoBarclays PLC Trims QEP Resources, Inc. (QEP) Target Price to $8.00
www.americanbankingnews.com - October 1 at 6:32 PM
americanbankingnews.com logoQEP Resources (QEP) vs. Royal Dutch Shell PLC (RDS.A) Head to Head Survey
www.americanbankingnews.com - September 29 at 8:38 AM
americanbankingnews.com logoBrokers Offer Predictions for QEP Resources, Inc.'s Q3 2017 Earnings (QEP)
www.americanbankingnews.com - September 28 at 7:10 AM
americanbankingnews.com logoKLR Group Reiterates Buy Rating for QEP Resources, Inc. (QEP)
www.americanbankingnews.com - September 27 at 9:58 PM
fool.com logoHere's Why QEP Resources Inc.'s Stock Is Sinking Today - Motley Fool
www.fool.com - September 27 at 9:14 AM
finance.yahoo.com logoHere's Why QEP Resources Inc.'s Stock Is Sinking Today
finance.yahoo.com - September 26 at 6:24 PM
streetinsider.com logoQEP Resources (QEP) Closes Pinedale Divestiture and Provides Updated 2017 Guidance and 2018 Outlook
www.streetinsider.com - September 26 at 10:59 AM
finance.yahoo.com logoHave Investors Already Priced In QEP Resources Inc’s (QEP) Growth?
finance.yahoo.com - September 26 at 10:59 AM
seekingalpha.com logoQEP Resources -9% after cutting full-year production outlook
seekingalpha.com - September 25 at 7:28 PM
streetinsider.com logoQEP Resources (QEP) Closes Pinedale Divestiture and Provides Updated 2017 Guidance and 2018 Outlook - StreetInsider.com
www.streetinsider.com - September 25 at 6:02 PM
finance.yahoo.com logoQEP Announces Closing of Pinedale Divestiture
finance.yahoo.com - September 25 at 6:02 PM
finance.yahoo.com logoQEP Resources, Inc. breached its 50 day moving average in a Bullish Manner : QEP-US : September 21, 2017
finance.yahoo.com - September 22 at 3:00 PM
finance.yahoo.com logoQEP Resources, Inc. – Value Analysis (NYSE:QEP) : September 22, 2017
finance.yahoo.com - September 22 at 3:00 PM
finance.yahoo.com logoIran’s Crude Oil Production Was Flat in August 2017
finance.yahoo.com - September 20 at 8:07 AM
americanbankingnews.com logoPiper Jaffray Companies Trims QEP Resources, Inc. (QEP) Target Price to $12.00
www.americanbankingnews.com - September 18 at 10:56 AM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - September 13 at 10:00 AM
americanbankingnews.com logoPetrobras Argentina (PZE) and QEP Resources (QEP) Critical Analysis
www.americanbankingnews.com - September 13 at 2:50 AM
americanbankingnews.com logoAnalyzing YPF Sociedad Anonima (YPF) & QEP Resources (QEP)
www.americanbankingnews.com - September 7 at 11:00 AM
americanbankingnews.com logo-$0.21 EPS Expected for QEP Resources, Inc. (QEP) This Quarter
www.americanbankingnews.com - September 2 at 10:22 PM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Given a $12.00 Price Target at Cowen and Company
www.americanbankingnews.com - August 26 at 9:34 AM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 19 at 9:02 AM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Director David A. Trice Buys 25,000 Shares
www.americanbankingnews.com - August 17 at 7:58 PM
americanbankingnews.com logoVOC Energy Trust (VOC) vs. QEP Resources (QEP) Head-To-Head Analysis
www.americanbankingnews.com - August 17 at 10:30 AM
reuters.com logoBRIEF-Millennium Group Management reports 5.1 percent passive stake in QEP Resources Inc - SEC filing‍
www.reuters.com - August 17 at 7:08 AM
marketwatch.com logoTechnical Research on Oil and Gas Equities -- Energy Transfer Partners, QEP Resources, TransCanada, and Williams Cos.
www.marketwatch.com - August 17 at 7:08 AM
seekingalpha.com logoQEP Resources (QEP) Presents At EnerCom Oil & Gas Conference - Slideshow
seekingalpha.com - August 17 at 7:08 AM
baystreet.ca logoQEP Resources Inc. (NYSE:QEP) Rallies As Institutional Investors Build Positions
www.baystreet.ca - August 17 at 7:08 AM
americanbankingnews.com logo$408.69 Million in Sales Expected for QEP Resources, Inc. (QEP) This Quarter
www.americanbankingnews.com - August 17 at 5:56 AM
finance.yahoo.com logoETFs with exposure to QEP Resources, Inc. : August 11, 2017
finance.yahoo.com - August 12 at 7:12 AM
finance.yahoo.com logoQEP Likes Its Permian Deal Despite Initial Market Reaction
finance.yahoo.com - August 10 at 7:11 AM
finance.yahoo.com logoEnerCom will feature Marcellus, Williston, DJ, Permian, Eagle Ford, GOM Producers at The Oil & Gas Conference(R) in Denver
finance.yahoo.com - August 10 at 7:11 AM
seekingalpha.com logoQEP Resources: Questionable Acquisition And Something More Concerning - Seeking Alpha
seekingalpha.com - August 2 at 6:56 AM
americanbankingnews.com logoJulie Dill Acquires 5,000 Shares of QEP Resources, Inc. (NYSE:QEP) Stock
www.americanbankingnews.com - July 31 at 8:10 PM
americanbankingnews.com logoQEP Resources, Inc. (NYSE:QEP) CFO Purchases $98,875.00 in Stock
www.americanbankingnews.com - July 31 at 7:45 PM
americanbankingnews.com logoQEP Resources, Inc. (QEP) Earns Buy Rating from Analysts at National Securities
www.americanbankingnews.com - July 31 at 11:11 AM
americanbankingnews.com logoQEP Resources, Inc. to Post FY2017 Earnings of ($0.76) Per Share, Capital One Financial Corporation Forecasts (QEP)
www.americanbankingnews.com - July 31 at 8:15 AM
americanbankingnews.com logo$445.58 Million in Sales Expected for QEP Resources, Inc. (QEP) This Quarter
www.americanbankingnews.com - July 30 at 7:44 AM



QEP Resources (QEP) Chart for Tuesday, October, 17, 2017

This page was last updated on 10/17/2017 by MarketBeat.com Staff

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