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

$4.10
+0.09 (+2.24 %)
(As of 08/19/2019 04:00 PM ET)
Today's Range
$4.03
Now: $4.10
$4.21
50-Day Range
$3.80
MA: $5.41
$7.29
52-Week Range
$3.39
Now: $4.10
$12.05
Volume5.98 million shs
Average Volume5.48 million shs
Market Capitalization$975.44 million
P/E RatioN/A
Dividend YieldN/A
Beta1.92
QEP Resources, Inc operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota. As of December 31, 2018, it had estimated proved reserves of approximately 658.2 MMboe. The company sells its gas, oil, and natural gas liquids to various customers, including wholesale marketers, industrial users, local distribution companies, midstream service providers, and utility companies. Read More…

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP74733V10
Phone303-672-6900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.93 billion
Cash Flow$3.7615 per share
Book Value$11.30 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$975.44 million
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable

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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 often does QEP Resources pay dividends? What is the dividend yield for QEP Resources?

QEP Resources declared a quarterly dividend on Wednesday, August 7th. Stockholders of record on Tuesday, August 20th will be given a dividend of $0.02 per share on Tuesday, September 10th. This represents a $0.08 annualized dividend and a dividend yield of 1.95%. The ex-dividend date of this dividend is Monday, August 19th. View QEP Resources' Dividend History.

How will QEP Resources' stock buyback program work?

QEP Resources declared that its board has authorized 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 reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) announced its earnings results on Wednesday, August, 7th. The pipeline company reported ($0.04) EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.07. The pipeline company had revenue of $296.20 million for the quarter, compared to analysts' expectations of $293.93 million. QEP Resources had a positive return on equity of 1.29% and a negative net margin of 44.56%. The business's revenue was down 44.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 EPS. 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, November 6th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

14 brokers have issued 1 year price objectives for QEP Resources' shares. Their predictions range from $5.00 to $14.00. On average, they expect QEP Resources' stock price to reach $10.0250 in the next year. This suggests a possible upside of 144.5% 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 1 sell rating, 12 hold ratings and 1 buy rating 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 articles about QEP stock have been trending negative on Monday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. 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 news impact score of -2.3 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for QEP Resources.

Are investors shorting QEP Resources?

QEP Resources saw a increase in short interest in July. As of July 15th, there was short interest totalling 16,952,100 shares, an increase of 14.7% from the June 15th total of 14,779,500 shares. Based on an average daily volume of 4,960,000 shares, the days-to-cover ratio is currently 3.4 days. Approximately 7.3% of the company's stock are short sold. View QEP Resources' Current Options Chain.

Who are some of QEP Resources' key competitors?

What other stocks do shareholders of QEP Resources own?

Who are QEP Resources' key executives?

QEP Resources' management team includes the folowing people:
  • Mr. Richard J. Doleshek, Exec. VP & CFO (Age 61)
  • Mr. Timothy J. Cutt, CEO, Pres & Director (Age 59)
  • Ms. Alice B. Ley, VP, Controller & Chief Accounting Officer (Age 45)
  • Mr. Jamie C. Cutler, Chief Information Officer & VP
  • Mr. William Kent, Director of Investor Relations

Who are QEP Resources' major shareholders?

QEP Resources' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.85%), Vanguard Group Inc. (9.35%), D. E. Shaw & Co. Inc. (2.70%), Oslo Asset Management AS (2.51%), Wells Fargo & Company MN (2.47%) and Invesco Ltd. (1.40%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice and Timothy J Cutt. 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 TIG Advisors LLC, Oslo Asset Management AS, D. E. Shaw & Co. Inc., Vaughan Nelson Investment Management L.P., First Trust Advisors LP, UBS Asset Management Americas Inc., TT International and Paulson & CO. Inc.. 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 BlackRock Inc., Wells Fargo & Company MN, Nuveen Asset Management LLC, Connor Clark & Lunn Investment Management Ltd., Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Morgan Stanley and Balyasny Asset Management LLC. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice and Timothy J Cutt. 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 $4.10.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $975.44 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.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  457 (Vote Outperform)
Underperform Votes:  463 (Vote Underperform)
Total Votes:  920
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 8/19/2019 by MarketBeat.com Staff

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