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 39.9% and is now trading at $0.8536. 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) issued its quarterly earnings results on Wednesday, April, 29th. The pipeline company reported $0.21 EPS 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 paid 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 9.37%. The ex-dividend date of this dividend is Thursday, March 5th. View QEP Resources' dividend history.

14 Wall Street analysts have issued 1-year price targets for QEP Resources' stock. Their forecasts range from $1.00 to $9.00. On average, they expect QEP Resources' stock price to reach $4.53 in the next year. This suggests a possible upside of 430.1% from the stock's current price. View analysts' price targets for QEP Resources.

News articles about QEP stock have been trending somewhat positive this week, InfoTrie Sentiment reports. The research group scores the sentiment of 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 positive five, with scores nearest to five being the most favorable. QEP Resources earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news articles about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutQEP Resources.

QEP Resources saw a increase in short interest during 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 daily trading volume, of 10,950,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 7.7% 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), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), 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 acquired 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 $0.85.

QEP Resources has a market capitalization of $202.87 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]