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QEP Resources Inc (QEP.N)

QEP.N on New York Stock Exchange

8.80USD
17 Nov 2017
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Latest Key Developments (Source: Significant Developments)

QEP resources announces pricing of senior notes
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - QEP Resources Inc :‍has priced an offering of $500 million aggregate principal amount of senior notes due 2026​.‍notes will bear interest at a rate of 5.625% per annum and will be issued at par​.  Full Article

QEP Resources reports cash tender offers for senior notes
Monday, 6 Nov 2017 08:00am EST 

Nov 6 (Reuters) - QEP Resources Inc ::QEP Resources announces cash tender offers for senior notes.  Full Article

QEP Resources issues notice of redemption for its 6.8 pct senior notes due 2018
Monday, 6 Nov 2017 08:00am EST 

Nov 6 (Reuters) - QEP Resources Inc ::QEP Resources issues notice of redemption for its 6.8% senior notes due 2018.QEP Resources Inc- ‍ announces intent to redeem all of outstanding 2018 notes on or around December 6, 2017​.  Full Article

QEP Resources reports quarterly loss per share $0.01‍​
Wednesday, 25 Oct 2017 04:15pm EDT 

Oct 25 (Reuters) - QEP Resources Inc :QEP Resources Inc - qtrly loss per share $0.01‍​.QEP Resources Inc - qtrly total revenue $‍​390.1 million versus $382.4 million last year‍​.Q3 revenue view $394.9 million -- Thomson Reuters I/B/E/S.  Full Article

QEP Resources Q3 loss per share $0.01
Wednesday, 25 Oct 2017 04:15pm EDT 

Oct 25 (Reuters) - Qep Resources Inc : :QEP Resources reports third quarter 2017 financial and operating results.Q3 loss per share $0.01.Q3 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S.Q3 adjusted non-gaap loss per share $0.10 excluding items.QEP Resources Inc - ‍full year 2017 guidance remains unchanged from september 25, 2017​.QEP Resources Inc - ‍oil equivalent production was 14,124.1 mboe for q3 2017 compared with 14,445.8 mboe for q3 2016, a 2% decrease​.  Full Article

QEP announces closing of Pinedale divestiture
Monday, 25 Sep 2017 04:20pm EDT 

Sept 25 (Reuters) - QEP Resources Inc :QEP announces closing of Pinedale divestiture.QEP Resources Inc - ‍Company provided updated 2017 guidance and 2018 outlook​.QEP Resources Inc - Company expects its pending Permian Basin acquisition to have minimal effect on 2017 guidance.QEP Resources Inc - ‍Removed approximately 0.2 MMbbl of oil, 17.0 Bcf of gas, and 0.3 MMbbl of NGL from company's 2017 production guidance​.QEP Resources - For 2017, Co reduced its oil production guidance to a midpoint of 19.75 MMbbl, natural gas production guidance to a midpoint of 167.5 Bcf.QEP Resources Inc - For 2017, company reduced its NGL production guidance to a midpoint of 5.5 MMbbl.QEP Resources - ‍If crude oil prices $50.00/Bbl & natural gas at $3.00/MMbtu, sees 2018 capital investments to more closely align to forecasted cash flows​.QEP Resources Inc - ‍Expects 2018 forecasted crude oil production growth to be in mid-teens compared with midpoint of updated 2017 guidance​.QEP Resources - ‍For 2017, Co reduced natural gas production guidance to midpoint of 167.5 Bcf and NGL production guidance to a midpoint of 5.5 MMbbl​.QEP Resources Inc - Expects to have an approximately one month delay in placing certain wells on production in 2017 in Permian basin.QEP Resources Inc - Company's 2017 capital investment program in Permian basin will not be reduced as a result of delay in pop dates.  Full Article

Millennium Group Management reports 5.1 percent passive stake in QEP Resources Inc - SEC filing‍​
Wednesday, 16 Aug 2017 05:24pm EDT 

Aug 16 (Reuters) - Qep Resources Inc :Millennium Group Management LLC reports 5.1 percent passive stake in QEP Resources Inc as of August 15, 2017 - SEC filing‍​.  Full Article

QEP Resources Q2 EPS $0.19, to acquire properties in Midland Basin
Wednesday, 26 Jul 2017 04:05pm EDT 

July 26 (Reuters) - QEP Resources Inc :QEP Resources reports second quarter 2017 financial and operating results; announces acquisition of properties in the core of the Midland Basin.Q2 earnings per share $0.19.Q2 earnings per share view $-0.20 -- Thomson Reuters I/B/E/S.Q2 adjusted non-GAAP loss per share $0.12 excluding items.QEP Resources Inc - oil equivalent production was 13,860.6 Mboe for Q2 2017 compared with 13,882.3 mboe for Q2 2016.QEP Resources Inc sees 2017 oil production 21.0 MMbbl - 22.0 MMbbl.QEP Resources Inc sees 2017 gas production 182.5 Bcf - 192.5 Bcf.QEP Resources Inc sees 2017 total oil equivalent production 57.2 MMBoe - 60.3 MMBoe.QEP Resources Inc - sees 2017 NGL production 5.75 - 6.25 MMbbl.QEP Resources Inc sees 2017 total capital investment (excluding property acquisitions) $1,050 million - $1,100 million.QEP Resources Inc - qtrly total revenues $383.7 million versus $333.7 million a year ago.Q2 revenue view $416.0 million -- Thomson Reuters I/B/E/S.  Full Article

QEP Resources announces agreements to sell natural gas assets in Southwest Wyoming for $777.5 mln
Monday, 24 Jul 2017 04:05pm EDT 

July 24 (Reuters) - QEP Resources Inc :QEP Resources announces agreements to sell natural gas assets in southwest wyoming for $777.5 million.Qep Resources Inc - ‍first agreement provides for sale of all of qep's assets in Pinedale Anticline field in sublette county, Wyoming​.QEP Resources Inc - deal for $777.5 million.QEP Resources Inc - ‍pinedale divestiture includes an estimated 964 Bcfe of proved reserves as of December 31, 2016​.  Full Article

QEP Resources reports Q1 adjusted non-gaap loss per share $0.14
Wednesday, 26 Apr 2017 04:05pm EDT 

April 26 (Reuters) - Qep Resources Inc :Qep resources reports first quarter 2017 financial and operating results.Q1 earnings per share $0.32.Q1 adjusted non-gaap loss per share $0.14 excluding items.Sees 2017 oil production 21.0 - 22.0 mmbbl.Sees 2017 gas production 180.0 - 190.0 bcf.Sees 2017 ngl production 5.75 - 6.25 mmbbl.Sees 2017 total oil equivalent production 57.0 mmboe to 60.0 mmboe.QEP Resources Inc sees 2017 total capital investment (excluding property acquisitions) $950 million - $1,000 million.QEP Resources Inc - 2018 production outlook remains unchanged from february 22, 2017.QEP Resources Inc qtrly oil equivalent production was 13,090.3 mboe for q1 2017 compared with 13,776.5 mboe for q1 2016.Q1 earnings per share view $-0.23 -- Thomson Reuters I/B/E/S.QEP Resources Inc qtrly total revenues $420.1 million versus $261.3 million.Q1 revenue view $404.3 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-QEP resources announces pricing of senior notes

* ‍has priced an offering of $500 million aggregate principal amount of senior notes due 2026​