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

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

QEP Resources announced a quarterly dividend on Monday, October 21st. Stockholders of record on Friday, November 15th will be paid a dividend of $0.02 per share on Friday, December 6th. This represents a $0.08 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Thursday, November 14th. View QEP Resources' Dividend History.

QEP Resources declared that its board has approved a stock buyback program on Thursday, March 1st 2018, which authorizes the company to repurchase $1,250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

QEP Resources Inc (NYSE:QEP) announced its quarterly earnings results on Wednesday, October, 23rd. The pipeline company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. The pipeline company earned $307.50 million during the quarter, compared to the consensus estimate of $295.03 million. QEP Resources had a positive return on equity of 0.30% and a negative net margin of 47.59%. The company's revenue was down 45.2% on a year-over-year basis. During the same quarter last year, the company earned $0.17 EPS. View QEP Resources' Earnings History.

QEP Resources is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for QEP Resources.

11 analysts have issued 12 month target prices for QEP Resources' shares. Their forecasts range from $5.00 to $9.00. On average, they expect QEP Resources' share price to reach $6.75 in the next year. This suggests a possible upside of 110.9% from the stock's current price. View Analyst Price Targets for QEP Resources.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for QEP Resources in the last year. There are currently 1 sell rating, 7 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for QEP Resources.

Media headlines about QEP stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring 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 nearest to five being the most favorable. QEP Resources earned a media sentiment score of 1.0 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 media 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 during the month of December. As of December 13th, there was short interest totalling 24,460,000 shares, an increase of 10.7% from the November 28th total of 22,100,000 shares. Based on an average daily volume of 6,770,000 shares, the short-interest ratio is presently 3.6 days. Currently, 10.4% of the company's stock are short sold. 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), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS) and EQT (EQT).

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), Ford Motor (F), Cornerstone Total Return Fund (CRF), AT&T (T), Oasis Petroleum (OAS), SandRidge Permian Trust (PER), Chesapeake Energy (CHK), Centurylink (CTL) and SunCoke Energy Partners (SXCP).

QEP Resources' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Caymus Capital Partners L.P. (1.36%), Wedge Capital Management L L P NC (0.47%), State of Alaska Department of Revenue (0.08%), Louisiana State Employees Retirement System (0.03%) and Advisor Partners LLC (0.01%). 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 Wedge Capital Management L L P NC, Louisiana State Employees Retirement System and State of Alaska Department of Revenue. View Insider Buying and Selling for QEP Resources.

QEP stock was bought by a variety of institutional investors in the last quarter, including Caymus Capital Partners L.P. and Advisor Partners LLC. 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 $3.20.

QEP Resources has a market capitalization of $760.93 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]