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 announced a quarterly dividend on Wednesday, August 7th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Monday, August 19th. View QEP Resources' Dividend History.

QEP Resources declared that its board has initiated a share buyback plan 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 repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's management believes its shares are undervalued.

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings data on Wednesday, August, 7th. The pipeline company reported ($0.04) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.07. The pipeline company earned $296.20 million during the quarter, compared to analysts' expectations of $293.93 million. QEP Resources had a negative net margin of 44.56% and a positive return on equity of 1.29%. The business's quarterly revenue was down 44.4% on a year-over-year basis. During the same quarter last year, the company earned $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 brokers have issued 12 month target prices for QEP Resources' stock. Their predictions range from $5.00 to $14.00. On average, they anticipate QEP Resources' stock price to reach $8.83 in the next year. This suggests a possible upside of 200.2% 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.

Press coverage about QEP stock has trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog 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 -1.2 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few 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 trading volume of 7,350,000 shares, the days-to-cover 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 Magnolia Oil & Gas (MGY), Black Stone Minerals (BSM), EQT (EQT), Vermilion Energy (VET), Kosmos Energy (KOS), Chesapeake Energy (CHK), Crescent Point Energy (CPG), Tellurian (TELL), Matador Resources (MTDR), PDC Energy (PDCE), DELEK GRP LTD/ADR (DGRLY), Enerplus (ERF), ARC Resources (AETUF), 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 many different of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.08%). 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $2.94.

QEP Resources has a market capitalization of $699.46 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]