QEP Resources Stock Price, News & Analysis (NYSE:QEP)

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

QEP Resources declared a quarterly dividend on Wednesday, August 7th. Stockholders of record on Tuesday, August 20th will be paid a dividend of $0.02 per share on Tuesday, September 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.48%. The ex-dividend date is Monday, August 19th. View QEP Resources' Dividend History.

QEP Resources announced that its Board of Directors has authorized a share repurchase program 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 programs are typically a sign that the company's management believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) released its quarterly earnings data on Wednesday, August, 7th. The pipeline company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.07. The pipeline company earned $296.20 million during the quarter, compared to analyst estimates of $293.93 million. QEP Resources had a positive return on equity of 1.29% and a negative net margin of 44.56%. QEP Resources's quarterly revenue was down 44.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.06 EPS. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for QEP Resources.

QEP Resources will be holding an earnings conference call on Wednesday, October 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

14 Wall Street analysts have issued 12 month price targets for QEP Resources' shares. Their forecasts range from $5.00 to $14.00. On average, they expect QEP Resources' stock price to reach $8.83 in the next year. This suggests a possible upside of 174.1% from the stock's current price. View Analyst Price Targets for QEP Resources.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating and 13 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

Headlines about QEP stock have trended negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. QEP Resources earned a daily sentiment score of -2.6 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for QEP Resources.

QEP Resources saw a increase in short interest in September. As of September 15th, there was short interest totalling 32,140,000 shares, an increase of 17.0% from the August 15th total of 27,480,000 shares. Based on an average daily trading volume, of 7,350,000 shares, the days-to-cover ratio is presently 4.4 days. Approximately 13.7% of the shares of the stock are sold short. View QEP Resources' Current Options Chain.

Some companies that are related to QEP Resources include Black Stone Minerals (BSM), Magnolia Oil & Gas (MGY), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS), Chesapeake Energy (CHK), Tellurian (TELL), Crescent Point Energy (CPG), Matador Resources (MTDR), PDC Energy (PDCE), DELEK GRP LTD/ADR (DGRLY), Enerplus (ERF), ARC Resources (AETUF), Jagged Peak Energy (JAG) and CNX Resources (CNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other QEP Resources investors own include Energy Transfer LP Unit (ET), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Ford Motor (F), Government Properties Income Trust (GOV), Centurylink (CTL) and Oasis Petroleum (OAS).

QEP Resources' stock is owned by many different of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. View Institutional Ownership Trends for QEP Resources.

QEP stock was bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice, Michael J Minarovic, Richard J Doleshek and Timothy J Cutt. 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, Robinhood, Fidelity and Charles Schwab.

One share of QEP stock can currently be purchased for approximately $3.22.

QEP Resources has a market capitalization of $766.07 million and generates $1.93 billion in revenue each year. The pipeline company earns $-1,011,600,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis. QEP Resources employs 465 workers across the globe.View Additional Information About QEP Resources.

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]