Last $30.78 USD
Change Today -0.52 / -1.66%
Volume 2.1M
QEP On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 09/30/14 All times are local (Market data is delayed by at least 15 minutes).

qep resources inc (QEP) Snapshot

Open
$31.25
Previous Close
$31.30
Day High
$31.45
Day Low
$30.60
52 Week High
09/2/14 - $35.91
52 Week Low
02/26/14 - $25.93
Market Cap
5.5B
Average Volume 10 Days
1.9M
EPS TTM
$1.21
Shares Outstanding
180.1M
EX-Date
08/14/14
P/E TM
25.4x
Dividend
$0.08
Dividend Yield
0.26%
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. Presents at Barclays CEO Energy-Power Conference, Sep-04-2014 08:25 AM

QEP Resources, Inc. Presents at Barclays CEO Energy-Power Conference, Sep-04-2014 08:25 AM. Venue: The Sheraton NY Hotel & Towers, 811 Seventh Ave, New York City, NY 10019, United States. Speakers: Charles B. Stanley, Chairman, Chief Executive Officer and President.

QEP Resources, Inc. Presents at Deutsche Bank Energy Conference, Sep-17-2014

QEP Resources, Inc. Presents at Deutsche Bank Energy Conference, Sep-17-2014 . Venue: Boston Harbor Hotel at Rowes Wharf, 70 Rowes Wharf, Boston, MA 02110, United States.

QEP Resources, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Reports Impairment Charges for the Second Quarter Ended June 30, 2014; Provides Capital Investment Guidance for the Second Half of 2014 and Revises Capital Investment Guidance for the Year 2014

QEP Resources, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported total revenues of $936.7 million against $751.0 million a year ago. Operating loss was $9.8 million against operating income of $207.3 million a year ago. Loss before income taxes was $141.5 million against income before income taxes of $284.6 million a year ago. Net loss attributable to the company was $92.3 million or $0.51 per basic and diluted share against net income attributable to the company of $178.4 million or $0.99 per basic and diluted share a year ago. Adjusted net income attributable to the company was $67.9 million or $0.38 per diluted share against $62.9 million or $0.35 per diluted share a year ago. The increase in adjusted net income was due primarily to higher oil and NGL production partially offset by higher lease operating expenses and production taxes and a realized loss on derivative instruments of $34.1 million in the second quarter 2014 compared to a realized gain of $30.8 million in the comparable 2013 period. Adjusted EBITDA (a non-GAAP measure) was $400.8 million for the second quarter 2014, compared to $389.5 million in the second quarter 2013, a 3% increase. For the six months, the company reported total revenues of $1,820.6 million against $1,447.5 million a year ago. Operating income was $177.4 million against $272.1 million a year ago. Loss before income taxes was $72.6 million against income before income taxes of $278.7 million a year ago. Net loss attributable to the company was $52.6 million or $0.29 per basic and diluted share against net income attributable to the company of $174.1 million or $0.97 per basic and diluted share a year ago. Net cash provided by operating activities was $860.3 million against $497.9 million a year ago. Property, plant and equipment, including dry exploratory well expense were $779.0 million against $719.9 million a year ago. Adjusted net income attributable to the company was $136.0 million or $0.76 per diluted share against $112.3 million or $0.63 per diluted share a year ago. Adjusted EBITDA (a non-GAAP measure) was $787.1 million, compared to $764.5 million in the six months of 2013, a 3% increase. For the second quarter, the company reported impairment charges of $1.5 million against $0.2 million a year ago. The company provided capital investment guidance for the second half of 2014 and revised capital investment guidance for the year 2014. The company's total capital investment for the second half of 2014 expected to be $1,007 million to $1,107 million. The company's total capital investment for the full year 2014 expected to be $1,815 million to $1,915 million against previous guidance of $1,705 million to $1,805 million.

 

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QEP

Industry Average

Valuation QEP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.7x
Price/Book 1.7x
Price/Cash Flow 6.0x
TEV/Sales 0.2x
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