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 declared a quarterly dividend on Monday, October 21st. Shareholders 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 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date of this dividend is Thursday, November 14th. View QEP Resources' Dividend History.

QEP Resources declared that its Board of Directors has initiated a share buyback plan on Thursday, March 1st 2018, which permits the company to repurchase $1,250,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

QEP Resources Inc (NYSE:QEP) issued its quarterly earnings results on Wednesday, October, 23rd. The pipeline company reported $0.05 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.05. The pipeline company earned $307.50 million during the quarter, compared to analyst estimates of $295.03 million. QEP Resources had a positive return on equity of 0.30% and a negative net margin of 47.59%. QEP Resources's quarterly revenue was down 45.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.17 earnings per share. 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 Wall Street analysts have issued 12-month target prices for QEP Resources' stock. Their forecasts range from $5.00 to $12.00. On average, they expect QEP Resources' share price to reach $7.41 in the next twelve months. This suggests a possible upside of 88.5% 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.

News articles about QEP stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by analyzing 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 five, with scores closest to five being the most favorable. QEP Resources earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for QEP Resources.

QEP Resources saw a increase in short interest in 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 days-to-cover ratio is presently 3.6 days. Currently, 10.4% of the shares of the stock 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), Diamondback Energy (FANG), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), Cabot Oil & Gas (COG), Cimarex Energy (XEC), WPX Energy (WPX), 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), Oasis Petroleum (OAS), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP), Cornerstone Strategic Value Fund (CLM), Chesapeake Energy (CHK) and AT&T (T).

QEP Resources' stock is owned by a number of of retail and institutional 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%) and Louisiana State Employees Retirement System (0.03%). 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.. 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 $3.93.

QEP Resources has a market capitalization of $934.52 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]