NYSE:QEP - QEP Resources Stock Price, Price Target & More

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

QEP Resources announced that its Board of Directors has authorized a stock buyback program on Thursday, March 1st 2018, which authorizes the company to buyback $1,250,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

QEP Resources Inc (NYSE:QEP) released its quarterly earnings data on Wednesday, April, 25th. The pipeline company reported ($0.20) EPS for the quarter, missing the Zacks' consensus estimate of ($0.19) by $0.01. The pipeline company earned $428.90 million during the quarter, compared to analysts' expectations of $369.94 million. QEP Resources had a net margin of 8.51% and a return on equity of 4.66%. The firm's revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned ($0.14) earnings per share. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for QEP Resources.

15 brokers have issued 1 year price objectives for QEP Resources' shares. Their forecasts range from $9.00 to $19.00. On average, they anticipate QEP Resources' share price to reach $12.8833 in the next twelve months. View Analyst Ratings for QEP Resources.

Some companies that are related to QEP Resources include Cabot Oil & Gas (COG), Cimarex Energy (XEC), Parsley Energy (PE), WPX Energy (WPX), Antero Resources (AR), Energen (EGN), RSP Permian (RSPP), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Whiting Petroleum (WLL), Centennial Resource Development (CDEV), Chesapeake Energy (CHK), Oasis Petroleum (OAS) and Range Resources (RRC).

News stories about QEP stock have trended positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. QEP Resources earned a daily sentiment score of 0.36 on Accern's scale. They also gave press coverage about the pipeline company an impact score of 45.50 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future.

QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.93%), Dimensional Fund Advisors LP (5.71%), Vaughan Nelson Investment Management L.P. (1.87%), Talara Capital Management LLC (1.70%), Millennium Management LLC (1.30%) and Frontier Capital Management Co. LLC (1.27%). Company insiders that own QEP Resources stock include Charles B Stanley, 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 Prudential Financial Inc., Millennium Management LLC, Schroder Investment Management Group, Caymus Capital Partners L.P., Glen Harbor Capital Management LLC, Nokomis Capital L.L.C., Wedge Capital Management L L P NC and SG Americas Securities LLC. View Insider Buying and Selling for QEP Resources.

QEP stock was purchased by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Talara Capital Management LLC, Hsbc Holdings PLC, UBS Group AG, Caisse DE Depot ET Placement DU Quebec, Seven Eight Capital LP, WINTON GROUP Ltd and JPMorgan Chase & Co.. Company insiders that have bought QEP Resources stock in the last two years include Charles B Stanley, David A Trice, Julie Dill, Phillips S Baker Jr and Richard J Doleshek. 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 $11.99.

QEP Resources has a market capitalization of $2.92 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.

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]