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Last $22.45 USD
Change Today +0.28 / 1.26%
Volume 820.9K
As of 12:30 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

qep resources inc (QEP) Snapshot

Open
$22.30
Previous Close
$22.17
Day High
$22.54
Day Low
$22.23
52 Week High
09/2/14 - $35.91
52 Week Low
12/16/14 - $18.15
Market Cap
4.0B
Average Volume 10 Days
2.7M
EPS TTM
$1.25
Shares Outstanding
176.7M
EX-Date
02/20/15
P/E TM
17.9x
Dividend
$0.08
Dividend Yield
0.36%
Current Stock Chart for QEP RESOURCES INC (QEP)

qep resources inc (QEP) Related Businessweek News

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qep resources inc (QEP) Details

QEP Resources, Inc., through its subsidiaries, operates as an exploration and production company. The company acquires, explores, develops, and produces natural gas, oil, and natural gas liquids (NGLs) primarily in the Pinedale Anticline in western Wyoming; the Williston Basin in North Dakota; the Uinta Basin in eastern Utah; the Permian Basin in western Texas; the Haynesville/Cotton Valley in northwestern Louisiana; and other proven properties in Wyoming, Utah, and Colorado. As of December 31, 2014, it had estimated proved reserves of 3,931.9 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. In addition, it markets and sells affiliate and third-party gas, oil, and NGLs in the Rocky Mountains and Midcontinent areas; and owns and operates an underground gas-storage reservoir in southwestern Wyoming. QEP Resources, Inc. is headquartered in Denver, Colorado.

765 Employees
Last Reported Date: 02/25/15

qep resources inc (QEP) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $844.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $558.4K
Executive Vice President of QEP Energy
Total Annual Compensation: $494.0K
Vice President and General Counsel
Total Annual Compensation: $343.5K
Senior Vice President of Business Development
Total Annual Compensation: $295.3K
Compensation as of Fiscal Year 2014.

qep resources inc (QEP) Key Developments

QEP Resources, Inc. Proposes Amendments to its Certificate of Incorporation

QEP Resources, Inc. announced at its 2015 annual meeting of shareholders to be held on May 12, 2015, it will propose to amend the company's Certificate of Incorporation to declassify the Board of Directors and provide for the annual election of directors and to amend the company's Certificate of Incorporation to eliminate all supermajority voting provisions.

QEP Resources, Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Production Results for 2014; Reports Impairment for the Fourth Quarter of 2014; Provides Capital Expenditure Guidance for 2015

QEP Resources, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $799.6 million against $620.3 million for the same period in the last year. Operating loss was $1,067.3 million against $66.5 million for the same period in the last year. Loss from continuing operations before income taxes was $728.4 million against $106.9 million for the same period in the last year. Net income attributable to the company was $665.9 million against net loss attributable to the company was $52.0 million for the same period in the last year. Earnings from continuing operations per diluted share attributable to the company were $3.72 against loss from continuing operations per diluted share attributable to the company $0.29 for the same period in the last year. Adjusted EBITDA was $386.3 million against $377.1 million for the same period in the last year. Adjusted net income attributable to the company was $38.6 million or $0.22 per diluted share against $52.3 million or $0.29 per diluted share for the same period in the last year. For the year, the company reported total revenues of $3,414.3 million against $2,685.1 million for the same period in the last year. Operating loss was $847.3 million against operating income of $203.0 million for the same period in the last year. Loss from continuing operations before income taxes was $642.0 million against income from continuing operations before income taxes was $112.2 million for the same period in the last year. Net income attributable to the company was $784.4 million against $159.4 million for the same period in the last year. Loss from continuing operations per diluted share attributable to the company were $2.28 against earnings from continuing operations per diluted share attributable to the company were $0.29 for the same period in the last year. Net cash provided by operating activities of continuing operations was $1,542.5 million against $1,191.7 million for the same period in the last year. Property acquisitions were $960.5 million against $40.9 million for the same period in the last year. Property, plant and equipment, including dry hole exploratory well expense was $1,765.9 million against $1,561.7 million for the same period in the last year. Adjusted EBITDA was $1,437.0 million against $1,536.7 million for the same period in the last year. Adjusted net income attributable to the company was $239.1 million or $1.33 per diluted share against $196.1 million or $1.09 per diluted share for the same period in the last year. The company reported crude oil production of 17.1 MMbbl for 2014, an increase of 68% compared to 2014. Increased crude oil production to 32% of total natural gas equivalent production, up from 20% in 2013 The company reported impairment of $1,139.6 million for the fourth quarter of 2014 against $89.0 million for the same period in the last year. The company expects capital investment of $900 million - $1,050 million for the year 2015.

QEP Resources, Inc. Declares Quarterly Cash Dividend, Payable on March 6, 2015

QEP Resources, Inc. announced that its Board of Directors approved a quarterly cash dividend of $0.02 per share of common stock, payable on March 6, 2015, to shareholders of record on February 24, 2015.

 

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QEP

Industry Average

Valuation QEP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.2x
Price/Book 1.0x
Price/Cash Flow 1.3x
TEV/Sales 0.2x
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