QEP - QEP Resources, Inc.

NYSE - NYSE Delayed Price. Currency in USD
4.3600
+0.0600 (+1.40%)
At close: 4:06PM EDT
Stock chart is not supported by your current browser
Previous Close4.3000
Open4.2500
Bid0.0000 x 1200
Ask0.0000 x 21500
Day's Range4.1900 - 4.4200
52 Week Range3.3400 - 12.0500
Volume6,741,682
Avg. Volume7,366,582
Market Cap1.037B
Beta (3Y Monthly)2.05
PE Ratio (TTM)N/A
EPS (TTM)-2.9110
Earnings DateNov 5, 2019 - Nov 11, 2019
Forward Dividend & Yield0.08 (1.93%)
Ex-Dividend Date2019-08-19
1y Target Est6.75
Trade prices are not sourced from all markets
  • PR Newswire

    S&P Dow Jones Indices Announces Nine Companies Set to Join S&P MidCap 400; Ten Companies to Join S&P SmallCap 600

    NEW YORK , Sept. 6, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following index adjustments to the S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its ...

  • QEP Resources (QEP) Down 2.7% Since Last Earnings Report: Can It Rebound?
    Zacks

    QEP Resources (QEP) Down 2.7% Since Last Earnings Report: Can It Rebound?

    QEP Resources (QEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • GuruFocus.com

    Weekly CFO Buys Highlight

    Insiders invest in KLX Energy Services, QEP Resources Continue reading...

  • Thomson Reuters StreetEvents

    Edited Transcript of QEP earnings conference call or presentation 7-Aug-19 1:00pm GMT

    Q2 2019 QEP Resources Inc Earnings Call

  • GlobeNewswire

    QEP Resources Announces Participation in an Upcoming Investor Conference

    DENVER, Aug. 28, 2019 -- QEP Resources, Inc. (NYSE: QEP) (the “Company”) announced today that members of the Company’s senior management will participate in the upcoming.

  • GuruFocus.com

    Qep Resources Inc (QEP) EVP, CFO Richard J Doleshek Bought $87,500 of Shares

    EVP, CFO of Qep Resources Inc (30-Year Financial, Insider Trades) Richard J Doleshek (insider trades) bought 25,000 shares of QEP on 08/23/2019 at an average price of $3.5 a share. Continue reading...

  • QEP Resources (QEP) Posts Q2 Loss, Resumes Dividend, Ups View
    Zacks

    QEP Resources (QEP) Posts Q2 Loss, Resumes Dividend, Ups View

    QEP Resources (QEP) delivers lackluster Q2 performance amid weak commodity price realizations.

  • GuruFocus.com

    Qep Resources Inc (QEP) President & CEO Timothy J. Cutt Bought $60,600 of Shares

    President & CEO of Qep Resources Inc (30-Year Financial, Insider Trades) Timothy J. Cutt (insider trades) bought 15,000 shares of QEP on 08/09/2019 at an average price of $4.04 a share. Continue reading...

  • QEP Resources (QEP) Q2 2019 Earnings Call Transcript
    Motley Fool

    QEP Resources (QEP) Q2 2019 Earnings Call Transcript

    QEP earnings call for the period ending June 30, 2019.

  • QEP Resources, private equity firm reach deal over restructured oil company
    American City Business Journals

    QEP Resources, private equity firm reach deal over restructured oil company

    Denver-based QEP Resources reached a deal Wednesday with a private equity firm that tried to buy the oil and gas company, in a cooperation agreement that will keep the company independent. “As we evaluated opportunities, it became apparent that none of the transaction proposals recognized the intrinsic value of our assets,” said Tim Cutt, president and CEO of QEP Resources (NYSE: QEP). “We believe, with our new strategy, we can deliver long-term value to our shareholders from those assets.” The deal between QEP and Elliott Management Corp. will keep the New York City-based private equity investor from increasing its stake in QEP or trying to take control of the business until after June 30, 2020.

  • Reuters

    UPDATE 1-Elliott scraps bid for QEP, to help identify independent directors

    Hedge fund Elliott Management Corp has scrapped its bid for Denver-based QEP Resources Inc and will instead work with the company to identify two board nominees, the oil and gas producer said on Wednesday. Elliott, which owns about 4.9% in QEP, in January offered to buy the company for $2.07 billion, saying QEP remained undervalued despite its focus on the lucrative Permian Basin, the largest U.S. shale oilfield. QEP said it will create a five-person operations committee, chaired by Chief Executive Officer Tim Cutt, that will include two current independent directors and two new board members as part of the agreement with Elliott.

  • QEP Resources (QEP) Reports Q2 Loss, Tops Revenue Estimates
    Zacks

    QEP Resources (QEP) Reports Q2 Loss, Tops Revenue Estimates

    QEP Resources (QEP) delivered earnings and revenue surprises of -233.33% and 0.55%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Reuters

    QEP Resources to stay independent, to work with Elliott on board

    QEP Resources Inc said on Wednesday it will remain an independent company and will work with Elliott Management Corp to identify two board nominees, several months after the hedge fund offered to buy the Permian-focused oil and gas producer. Elliott, which owns about 4.9% stake in the company, in January offered to buy QEP for $2.07 billion. QEP said it will also create a five-person operations committee, chaired by Chief Executive Officer Tim Cutt, that will include two current independent directors and two new board members as part of the agreement with Elliott.

  • GlobeNewswire

    QEP Resources Reports Second Quarter 2019 Financial and Operating Results

    DENVER, Aug. 07, 2019 -- QEP Resources, Inc. (NYSE:QEP) (QEP or the Company) today reported second quarter 2019 financial and operating results and announced the outcome of its.

  • GlobeNewswire

    QEP Resources and Elliott Management Enter Into Cooperation Agreement

    QEP Resources, Inc. (QEP) (QEP or the Company) today announced that it has entered into a cooperation agreement with affiliates of Elliott Management Corporation (“Elliott”). Funds affiliated with Elliott beneficially own approximately 4.9% of the Company’s common stock. As part of the agreement and the ongoing refreshment of QEP’s Board, the parties will work together to identify board nominees and to agree upon two new independent directors to be appointed to QEP's Board.  The two new directors are expected to have strong operating backgrounds in unconventional development and are expected to be seated no later than October of this year.

  • GlobeNewswire

    QEP Resources, Inc. Declares Quarterly Cash Dividend

    DENVER, Aug. 07, 2019 -- QEP Resources, Inc. (NYSE: QEP) announced today that its Board of Directors has reinstated its quarterly cash dividend and has approved a quarterly.

  • Implied Volatility Surging for QEP Resources (QEP) Stock Options
    Zacks

    Implied Volatility Surging for QEP Resources (QEP) Stock Options

    Investors need to pay close attention to QEP Resources (QEP) stock based on the movements in the options market lately.

  • Despite Occidental's deal for Anadarko, oil and gas M&A is in the doldrums
    American City Business Journals

    Despite Occidental's deal for Anadarko, oil and gas M&A is in the doldrums

    Dealmaking in oil and gas has tailed off in 2019, and it’s not clear what might kick the industry’s mergers and acquisitions back to life. Oil and gas producers have not been clinching deals at their historic rate, despite the $57 billion deal of Occidental Petroleum (NYSE: OXY) buying The Woodlands, Texas-based Anadarko Petroleum Corp., the biggest oil and gas producer in Colorado’s Denver-Julesburg Basin. Leaving out the Anadarko (NYSE: APC) deal, the $9.2 billion in mergers and acquisition activity so far this year amounts to less than a quarter of the $38 billion people could expect over that time based on quarterly averages the past two years, according to Drillinginfo.com.

  • Only Natural Gas Prices Can Save Southwestern Energy Stock
    InvestorPlace

    Only Natural Gas Prices Can Save Southwestern Energy Stock

    By any fundamental measure, Southwestern Energy (NYSE:SWN) looks ridiculously undervalued. Based on consensus 2019 EPS of $0.67, the Southwestern Energy stock price is just 3.3x earnings. Asset-based valuations, too, look favorable: Southwestern Energy trades at just 0.4x tangible book value.Of course, the reason SWN stock looks so cheap is not that earnings or book value are growing. Rather, the price keeps dropping. Southwestern Energy stock touched a 15-year low last week. Even after a bounce driven by either short-covering, bottom-timers, or both, shares still have fallen 56% over the past year. They've lost nearly 95% of their value in the last five years.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShareholders and traders might see next week's earnings report as a chance for SWN stock to reverse that trend. That seems unlikely to happen. There is an interesting case for Southwestern Energy stock at these levels, as a high-risk play. But SWN stock hasn't fallen because of earnings, and it's not likely to rise because of them, either. * 7 A-Rated Stocks Under $10 The Natural Gas Problem for Southwestern Energy StockThe problem for SWN is reasonably simple: natural gas prices are plunging. Futures hit a 3-year low last month. Henry Hub spot prices are flirting with decade-long lows reached in early 2016.And as a producer leveraged mostly to those natural gas prices, Southwestern Energy is going to feel the pressure. The stock is cheap looking at 2019 (and 2018) earnings, but that's not what drives the valuation of a stock. It's forward-looking performance that matters, and right now the market sees pressure continuing for some time to come.Indeed, the declines of late aren't confined to SWN. Antero Resources (NYSE:AR) has performed even more poorly over the past year. Range Resources (NYSE:RRC) has been worse over the past three. Larger gas-heavy plays like QEP Resources (NYSE:QEP) and EQT Corporation (NYSE:EQT) have declined sharply as well, showing that even greater scale can't offset lower prices.To be sure, those companies haven't helped their cause, either. Shale players in the U.S., until recently, focused on drilling over profits. As former EQT CEO Steve Schlotterbeck argued last month, the fracking revolution has "been an unmitigated disaster for any buy-and-hold investor in the shale gas industry with very few limited exceptions."Like gold miners, producers theoretically should have the leverage to affect underlying commodity prices. Like gold miners, the effect in practice has been even worse. The Earnings Problem for SWN StockOne quarter simply isn't going to fix that problem for Southwestern Energy. There's a clear lack of trust toward the space. Investors have fled shale gas plays in recent months: SWN has declined by more than half just since mid-April.And even an earnings beat relative to the consensus EPS estimate of $0.10 is unlikely to fix that. Again, earnings are backward-looking; stock prices are forward-looking. Investors see more pressure ahead.Most notably, the natural gas currently being "flared" likely will join the supply once pipeline capacity is put into place. That could force shale gas plays to either pull back on production or face even lower prices.Investors expecting too much from earnings should look at Southwestern Energy's recent history. The stock in fact has beaten consensus EPS expectations in five of the last six quarters. It's obviously done nothing to stop the decline in Southwestern Energy stock. The Case for Timing the BottomEven if earnings are unlikely to be the catalyst, there is a case for SWN stock in the low $2 range. Any optimism toward natural gas can lead to a rally; indeed, modest gains in the commodity led to a nice rally in the past few sessions.After the company's sale of its acreage in the Fayetteville Shale, the balance sheet is in reasonably good shape. The declines aren't necessarily over, but traders and more aggressive investors could bet on a bounce here.I'm not ready to take that bet quite yet, though. We've seen with stocks like Chesapeake Energy (NYSE:CHK) that even "cheap" energy stocks can fall further. Natural gas supply pressure seems unlikely to abate. It might seem like the worst is over for Southwestern Energy, but that's likely not the case.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post Only Natural Gas Prices Can Save Southwestern Energy Stock appeared first on InvestorPlace.

  • Earnings Preview: QEP Resources (QEP) Q2 Earnings Expected to Decline
    Zacks

    Earnings Preview: QEP Resources (QEP) Q2 Earnings Expected to Decline

    QEP Resources (QEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    QEP Resources Announces Second Quarter 2019 Financial and Operational Results Release Date and Conference Call

    DENVER, July 29, 2019 -- QEP Resources, Inc. (NYSE: QEP) announced today that it will host a teleconference and webcast to discuss its second quarter 2019 results beginning at.

  • Why J.C. Penney, QEP Resources, and Pacific Biosciences Slumped Today
    Motley Fool

    Why J.C. Penney, QEP Resources, and Pacific Biosciences Slumped Today

    Bad news on several different fronts held these stocks back.

  • Why QEP Resources Stock Is Plunging Today
    Motley Fool

    Why QEP Resources Stock Is Plunging Today

    A potential buyer for the oil and gas driller has reportedly cut its offer.

  • QEP Resources (QEP) Earnings Expected to Grow: What to Know Ahead of Q2 Release
    Zacks

    QEP Resources (QEP) Earnings Expected to Grow: What to Know Ahead of Q2 Release

    QEP Resources (QEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.