NYSE:QEPQEP Resources Stock Price, Forecast & News

QEP Resources' stock was trading at $0.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QEP shares have increased by 47.1% and is now trading at $0.8971. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 4 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for QEP Resources.

QEP Resources is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for QEP Resources.

QEP Resources Inc (NYSE:QEP) announced its earnings results on Wednesday, April, 29th. The pipeline company reported $0.21 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.16. The pipeline company had revenue of $225.80 million for the quarter, compared to analyst estimates of $271.46 million. QEP Resources had a net margin of 33.59% and a return on equity of 0.94%. View QEP Resources' earnings history.

QEP Resources declared a quarterly dividend on Thursday, February 20th. Shareholders of record on Friday, March 6th will be given a dividend of $0.02 per share on Friday, March 20th. This represents a $0.08 dividend on an annualized basis and a yield of 8.92%. The ex-dividend date is Thursday, March 5th. View QEP Resources' dividend history.

14 brokers have issued 1-year price targets for QEP Resources' shares. Their forecasts range from $1.00 to $9.00. On average, they expect QEP Resources' share price to reach $4.53 in the next twelve months. This suggests a possible upside of 404.4% from the stock's current price. View analysts' price targets for QEP Resources.

News stories about QEP stock have been trending very negative on Monday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. QEP Resources earned a news sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutQEP Resources.

QEP Resources saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 18,190,000 shares, an increase of 30.2% from the April 15th total of 13,970,000 shares. Based on an average trading volume of 10,950,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 7.7% of the shares of the company are sold short. View QEP Resources' Current Options Chain.

Some companies that are related to QEP Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Southwestern Energy (SWN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other QEP Resources investors own include Energy Transfer LP Unit (ET), Oasis Petroleum (OAS), CBL & Associates Properties (CBL), Ford Motor (F), Chesapeake Energy (CHK), AT&T (T), Callon Petroleum (CPE), Cornerstone Total Return Fund (CRF), Centurylink (CTL) and SandRidge Permian Trust (PER).

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

QEP Resources' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.25%), State Street Corp (9.02%), Wells Fargo & Company MN (1.62%), Two Sigma Investments LP (1.45%), Geode Capital Management LLC (1.39%) and Bank of New York Mellon Corp (1.27%). Company insiders that own QEP Resources stock include Christopher K Woosley, David A Trice, Joseph N Jaggers, 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 Alliancebernstein L.P., Wellington Management Group LLP, Wells Fargo & Company MN, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., Deutsche Bank AG, Invesco Ltd., and Bank of New York Mellon Corp. View insider buying and selling activity for QEP Resources.

QEP stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Two Sigma Investments LP, Thrivent Financial for Lutherans, Two Sigma Advisers LP, Healthcare of Ontario Pension Plan Trust Fund, JPMorgan Chase & Co., SG Americas Securities LLC, and Quantitative Investment Management LLC. Company insiders that have bought QEP Resources stock in the last two years include Christopher K Woosley, David A Trice, Joseph N Jaggers, Michael J Minarovic, Richard J Doleshek, and Timothy J Cutt. View insider buying and selling activity 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 $0.90.

QEP Resources has a market capitalization of $213.21 million and generates $1.21 billion in revenue each year. QEP Resources employs 465 workers across the globe.

The official website for QEP Resources is 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]