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. Shareholders 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 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend is Monday, August 19th. View QEP Resources' Dividend History.

QEP Resources announced that its board has authorized a stock 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 generally an indication that the company's leadership believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings data on Wednesday, August, 7th. The pipeline company reported ($0.04) earnings per share 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 the consensus estimate of $293.93 million. QEP Resources had a negative net margin of 44.56% and a positive return on equity of 1.29%. The company's revenue was down 44.4% compared to the same quarter last year. During the same period last year, the business 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 analysts have issued 12 month price targets for QEP Resources' stock. Their predictions range from $5.00 to $14.00. On average, they anticipate QEP Resources' share price to reach $8.83 in the next twelve months. This suggests a possible upside of 198.1% 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.

Media coverage about QEP stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. QEP Resources earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the next several 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 short-interest ratio is currently 4.4 days. Approximately 13.7% of the shares of the company are short sold. 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), Crescent Point Energy (CPG), Tellurian (TELL), DELEK GRP LTD/ADR (DGRLY), Matador Resources (MTDR), PDC Energy (PDCE), ARC Resources (AETUF), Enerplus (ERF), 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 a variety of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%), Meeder Asset Management Inc. (0.03%) and Envestnet Asset Management Inc. (0.02%). 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 sold by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc.. View Insider Buying and Selling for QEP Resources.

QEP stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue and Envestnet Asset Management Inc.. 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 $2.96.

QEP Resources has a market capitalization of $704.22 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]