Oil, Gas and Consumable Fuels
Company Overview of QEP Marketing Company
Company Overview
QEP Marketing Company markets natural gas and oil on behalf of QEP Energy Company and others. It operates a natural gas storage facility in western Wyoming. QEP Marketing Company was formerly known as Questar Energy Trading, Inc. and changed its name to QEP Marketing Company in June 2010. The company was founded in 1996 and is based in Salt Lake City, Utah. QEP Marketing Company operates as a subsidiary of QEP Resources, Inc.
180 East 100 South
Salt Lake City, UT 84145-0601
United States
Founded in 1996
Key Executives for QEP Marketing Company
QEP Marketing Company Key Developments
QEP Marketing Company reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net loss attributable to company of $5.6 million compared to the net income of $1.2 million for the same quarter year ago. Adjusted LBITDA was $2.1 million compared to the adjusted EBITDA of $1.6 million for the same quarter year ago. For the nine months period, the company reported net loss attributable to company of $7.6 million compared to the net income of $5.1 million for the same period year ago. Adjusted LBITDA was $0.2 million compared to the adjusted EBITDA of $6.0 million for the same period year ago.
QEP Marketing Company reported unaudited earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported adjusted EBITDA of $1.3 million compared to $2 million a year ago. Net loss attributable to the company was $3.7 million compared to net income attributable to the company of $1.8 million a year ago. For the six months, the company reported adjusted EBITDA of $1.9 million compared to $4.4 million a year ago. Net loss attributable to the company was $2 million compared to net income attributable to the company of $3.9 million a year ago. For the year of 2012, the company reaffirmed capital investment of $1 million compared to previous forecast of $1 million.
QEP Marketing Company reported unaudited earnings results for the first quarter ended March 31, 2012. For the quarter, the company has reported revenues from unaffiliated customers of $112.8 million compared to $148.4 million for the same period a year ago. Operating loss was $3.6 million compared to income of $1.9 million for the same period a year ago. Net income attributable to company was $1.7 million compared to $2.1 million for the same period a year ago. Adjusted EBITDA was $0.6 million compared to $2.4 million for the same period a year ago. The company’s 2012 capital investment of $1 million.
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To contact QEP Marketing Company, please visit www.questar.com/qmr/qet/index.html. Company data is provided by Capital IQ. Please use this form to report any data issues.
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