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

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$8.83 -0.29 (-3.18 %)
(As of 11/21/2018 11:13 AM ET)
Previous Close$9.12
Today's Range$8.79 - $9.25
52-Week Range$7.04 - $13.77
Volume192,501 shs
Average Volume6.00 million shs
Market Capitalization$2.16 billion
P/E Ratio11.50
Dividend YieldN/A
Beta1.35
QEP Resources, Inc., through its subsidiaries, operates as a natural gas and crude oil exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in western Texas, Williston Basin in North Dakota, Haynesville/Cotton Valley in northwestern Louisiana, Uinta Basin in eastern Utah, and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2017, it had estimated proved reserves of 684.7 MMboe. The company sells its gas, oil, and natural gas liquids (NGL) to various customers, including wholesale marketers, industrial users, local distribution companies, utilities, and other companies. In addition, it operates an underground gas storage facility. QEP Resources, Inc. is headquartered in Denver, Colorado.

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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
Phone303-672-6900

Debt

Debt-to-Equity Ratio0.73
Current Ratio0.35
Quick Ratio0.35

Price-To-Earnings

Trailing P/E Ratio11.50
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.62 billion
Price / Sales1.29
Cash Flow$3.8060 per share
Price / Cash2.32
Book Value$14.25 per share
Price / Book0.62

Profitability

EPS (Most Recent Fiscal Year)$0.77
Net Income$269.30 million
Net Margins-11.89%
Return on Equity7.86%
Return on Assets3.78%

Miscellaneous

Employees656
Outstanding Shares236,770,000
Market Cap$2.16 billion
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 has initiated a share buyback plan on Thursday, March 1st 2018, which allows the company to buyback $1,250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings data on Wednesday, November, 7th. The pipeline company reported $0.17 EPS for the quarter, topping the Zacks' consensus estimate of ($0.01) by $0.18. The pipeline company earned $560.80 million during the quarter, compared to analyst estimates of $497.45 million. QEP Resources had a positive return on equity of 7.86% and a negative net margin of 11.89%. The company's revenue for the quarter was up 43.8% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.10) 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, February 27th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

14 analysts have issued twelve-month price objectives for QEP Resources' stock. Their predictions range from $11.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $13.9423 in the next year. This suggests a possible upside of 51.6% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 8 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?

News stories about QEP stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press 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 daily sentiment score of 2.1 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the near future.

Are investors shorting QEP Resources?

QEP Resources saw a decline in short interest during the month of October. As of October 15th, there was short interest totalling 14,129,983 shares, a decline of 20.5% from the September 28th total of 17,768,880 shares. Based on an average trading volume of 4,566,562 shares, the days-to-cover ratio is presently 3.1 days. Approximately 6.0% of the shares of the stock are short sold. View QEP Resources' Current Options Chain.

Who are some of QEP Resources' key competitors?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Charles B. Stanley, Chairman, Pres & CEO (Age 59)
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 60)
  • Mr. Christopher K. Woosley, Sr. VP & Gen. Counsel (Age 48)
  • Mr. Jim E. Torgerson, Exec. VP of QEP Energy (Age 54)
  • Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 44)

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by many different of institutional and retail investors. Top institutional investors include Credit Suisse AG (9.11%), BlackRock Inc. (8.73%), Dimensional Fund Advisors LP (7.29%), Alliancebernstein L.P. (4.92%), Bank of New York Mellon Corp (1.70%) and Vaughan Nelson Investment Management L.P. (1.54%). 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.

Which institutional investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Morgan Stanley, Key Group Holdings Cayman LTD., Wilks Brothers LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., First Trust Advisors LP and Schroder Investment Management Group. View Insider Buying and Selling for QEP Resources.

Which institutional investors are buying QEP Resources stock?

QEP stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Hsbc Holdings PLC, Alliancebernstein L.P., Walthausen & Co. LLC, Schneider Capital Management Corp, Wells Fargo & Company MN, FMR LLC and Oslo Asset Management AS. Company insiders that have bought QEP Resources stock in the last two years include David A Trice, Julie Dill, Phillips S Baker Jr 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 $9.1950.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $2.16 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.

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:  2.6 out of 5 (star star)
Outperform Votes:  423 (Vote Outperform)
Underperform Votes:  403 (Vote Underperform)
Total Votes:  826
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 11/21/2018 by MarketBeat.com Staff

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