Last $34.26 USD
Change Today -0.25 / -0.72%
Volume 1.2M
QEP On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

qep resources inc (QEP) Snapshot

Open
$34.29
Previous Close
$34.51
Day High
$34.47
Day Low
$34.06
52 Week High
07/17/14 - $35.03
52 Week Low
02/26/14 - $25.93
Market Cap
6.2B
Average Volume 10 Days
1.5M
EPS TTM
$1.05
Shares Outstanding
180.1M
EX-Date
05/21/14
P/E TM
32.6x
Dividend
$0.08
Dividend Yield
0.23%
Current Stock Chart for QEP RESOURCES INC (QEP)

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qep resources inc (QEP) Details

QEP Resources, Inc., through its subsidiaries, operates as an independent oil and natural gas exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) in the Williston Basin in North Dakota; the Pinedale Anticline in western Wyoming; the Uinta Basin in eastern Utah; the Anadarko Basin in Oklahoma and Texas; and the Haynesville/Cotton Valley in northwestern Louisiana, as well as other proven properties in Wyoming, Colorado, and Utah. As of December 31, 2013, it had estimated proved reserves of 4,061.9 Bcfe. The company markets and sells its products to various customers, including gas-marketing firms, industrial users, local-distribution companies, crude oil refiners, and remarketers. It also offers midstream field services comprising natural gas gathering, processing, and treating services; and midstream services to third-party customers, including major and independent producers. In addition, the company markets affiliate and third-party natural gas, oil, and NGLs in the Rocky Mountains and Midcontinent regions of the United States; and owns and operates an underground gas-storage reservoir in southwestern Wyoming. QEP Resources, Inc. is headquartered in Denver, Colorado.

1,001 Employees
Last Reported Date: 02/25/14

qep resources inc (QEP) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $819.2K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $536.7K
Executive Vice President and Executive Vice P...
Total Annual Compensation: $435.0K
Vice President and General Counsel
Total Annual Compensation: $325.0K
Senior Vice President of Field Services
Total Annual Compensation: $286.7K
Compensation as of Fiscal Year 2013.

qep resources inc (QEP) Key Developments

QEP Resources, Inc. Approves Quarterly Cash Dividend Payable on June 6, 2014

QEP Resources, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.02 per share of common stock, payable on June 6, 2014, to shareholders of record on May 23, 2014.

QEP Resources, Inc. Announces Unaudited Consolidated Earnings and Production Results for the First Quarter Ended March 31, 2014; Revises Production and Capital Investment Guidance for the Year 2014; Reports Impairment Charges for the First Quarter of 2014

QEP Resources, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported total revenues of $883.9 million against $696.5 million a year ago. Operating income was $187.2 million against $64.8 million a year ago. Income before income taxes was $68.9 million against loss before income taxes of $5.9 million a year ago. Net income attributable to holders of the company was $39.7 million against net loss attributable to holders of the company of $4.3 million a year ago. Income per basic and diluted common share attributable to company was $0.22 against loss per basic and diluted common share attributable to company of $0.02 a year ago. Net cash provided by operating activities was $322.4 million against $172.1 million a year ago. Property acquisitions were $946.6 million against $23.6 million a year ago. Property, plant and equipment, including dry exploratory well expense were $330.2 million against $361.0 million a year ago. Adjusted EBITDA was $386.3 million against $375.0 million a year ago. Adjusted net income attributable to company was $68.1 million against $49.4 million a year ago. Diluted adjusted net income per share was $0.38 against $0.28 a year ago. The company announced total production of 73.7 bcfe for the first quarter ended March 31, 2014 against 78.0 bcfe for the same period a year ago. Average daily production was $819.3 MMcfe against 866.4 MMcfe for the same period a year ago. The company revised production and capital investment guidance for the year 2014. The company now expects total energy equivalent production of 274 bcfe to 298 bcfe compared to previous forecast of 283 bcfe to 307 bcfe. Total capital investment to be in the range of $1,705 million to $1,805 million compared to previous forecast of $1,755 million to $1,855 million. The company reported impairment charges of $2.0 million for the first quarter of 2014.

QEP Resources, Inc. to Report Q1, 2014 Results on May 07, 2014

QEP Resources, Inc. announced that they will report Q1, 2014 results at 5:00 PM, Eastern Standard Time on May 07, 2014

 

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Industry Analysis

QEP

Industry Average

Valuation QEP Industry Range
Price/Earnings 30.6x
Price/Sales 2.0x
Price/Book 1.8x
Price/Cash Flow 5.1x
TEV/Sales 0.6x
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