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

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

QEP Resources announced that its board has approved a share repurchase program on Thursday, March 1st 2018, which authorizes the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its shares are undervalued.

QEP Resources Inc (NYSE:QEP) posted its earnings results on Wednesday, November, 7th. The pipeline company reported $0.17 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.18. The pipeline company had revenue of $560.80 million for the quarter, compared to analysts' expectations of $497.45 million. QEP Resources had a positive return on equity of 7.86% and a negative net margin of 11.89%. The firm's quarterly revenue was up 43.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.10) EPS. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for QEP Resources.

17 brokers have issued 1 year target prices for QEP Resources' stock. Their predictions range from $8.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.3750 in the next year. This suggests a possible upside of 52.7% from the stock's current price. View Analyst Price Targets for QEP Resources.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 11 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

News headlines about QEP stock have trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. QEP Resources earned a daily sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

QEP Resources saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 28,473,145 shares, an increase of 66.3% from the December 14th total of 17,119,562 shares. Based on an average daily trading volume, of 8,150,037 shares, the short-interest ratio is presently 3.5 days. Currently, 12.1% of the shares of the stock are sold short. View QEP Resources' Current Options Chain.

Some companies that are related to QEP Resources include Energen (EGN), Cimarex Energy (XEC), Encana (ECA), Parsley Energy (PE), WPX Energy (WPX), EQT (EQT), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Viper Energy Partners (VNOM), Antero Resources (AR), Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY) and Range Resources (RRC).

QEP Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.03%). 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.

QEP stock was sold by a variety of institutional investors in the last quarter, including Louisiana State Employees Retirement System. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of QEP stock can currently be purchased for approximately $8.76.

QEP Resources has a market capitalization of $2.01 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.

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]