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

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$7.90 +0.40 (+5.33 %)
(As of 05/21/2019 07:01 AM ET)
Previous Close$7.50
Today's Range$7.33 - $8.17
52-Week Range$5.00 - $13.77
Volume8.05 million shs
Average Volume5.12 million shs
Market Capitalization$1.88 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.09
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. QEP Resources, Inc. was incorporated in 2010 and is headquartered in Denver, Colorado.

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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$3.6574 per share
Book Value$11.07 per share

Profitability

Net Income$-1,011,600,000.00

Miscellaneous

Employees465
Market Cap$1.88 billion
Next Earnings Date7/24/2019 (Estimated)
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 repurchase plan on Thursday, March 1st 2018, which allows the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

How were QEP Resources' earnings last quarter?

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings results on Wednesday, April, 24th. The pipeline company reported $0.15 earnings per share for the quarter, beating the consensus estimate of ($0.02) by $0.17. The pipeline company earned $280.60 million during the quarter, compared to the consensus estimate of $289.23 million. QEP Resources had a negative net margin of 60.23% and a positive return on equity of 1.91%. QEP Resources's quarterly revenue was down 34.6% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.20) 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, July 24th 2019. View Earnings Estimates for QEP Resources.

What price target have analysts set for QEP?

15 brokers have issued 1 year target prices for QEP Resources' stock. Their predictions range from $8.00 to $15.00. On average, they expect QEP Resources' share price to reach $11.9318 in the next twelve months. This suggests a possible upside of 51.0% from the stock's current price. View Analyst Price Targets for QEP Resources.

What is the consensus analysts' recommendation for QEP Resources?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 10 hold ratings and 5 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?

Media stories about QEP stock have trended negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media 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 -5 to 5, with scores closest to five being the most favorable. QEP Resources earned a daily sentiment score of -2.7 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 media coverage is extremely likely to have an impact on the company's share price in the immediate future.

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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.99%), Dimensional Fund Advisors LP (7.47%), Oslo Asset Management AS (2.94%), Hsbc Holdings PLC (1.73%), Wells Fargo & Company MN (1.48%) and Vaughan Nelson Investment Management L.P. (1.26%). Company insiders that own QEP Resources stock include David A Trice, Julie Dill and Richard J Doleshek. View Institutional Ownership Trends for QEP Resources.

Which major investors are selling QEP Resources stock?

QEP stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Hsbc Holdings PLC, Schneider Capital Management Corp, Vaughan Nelson Investment Management L.P., Voya Investment Management LLC, Creative Planning, First Trust Advisors LP and Dimensional Fund Advisors LP. View Insider Buying and Selling for QEP Resources.

Which major investors are buying QEP Resources stock?

QEP stock was acquired by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Castle Hook Partners LP, Oslo Asset Management AS, Renaissance Technologies LLC, JPMorgan Chase & Co., Connor Clark & Lunn Investment Management Ltd., TT International and Marshall Wace LLP. Company insiders that have bought QEP Resources stock in the last two years include David A Trice, Julie Dill 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 $7.90.

How big of a company is QEP Resources?

QEP Resources has a market capitalization of $1.88 billion 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.

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:  443 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  884
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 5/21/2019 by MarketBeat.com Staff

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