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QEP Resources Inc (QEP.N)

QEP.N on New York Stock Exchange

9.00USD
18 Jan 2019
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Mon, Jan 7 2019

Elliott bids $2.07 billion for Permian Basin producer QEP Resources

HOUSTON Hedge fund Elliott Management Corp on Monday offered to buy QEP Resources Inc , which has a big presence in the Permian Basin near major energy producers, for $2.07 billion, or $8.75 per share, 44 percent above the stock's closing price on Friday.

UPDATE 4-Elliott bids $2.07 bln for Permian Basin producer QEP Resources

HOUSTON, Jan 7 Hedge fund Elliott Management Corp on Monday offered to buy QEP Resources Inc, which has a big presence in the Permian Basin near major energy producers, for $2.07 billion, or $8.75 per share, 44 percent above the stock's closing price on Friday.

Elliott Management offers to buy QEP Resources for $2.07 bln

Jan 7 Activist investor Elliott Management Corp said on Monday it has offered to buy oil and gas producer QEP Resources Inc in an all-cash deal valued at $2.07 billion, saying that the company is "deeply undervalued".

QEP to sell Haynesville-Cotton Valley assets to Aethon for $735 million

QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

UPDATE 1-QEP to sell Haynesville-Cotton Valley assets to Aethon for $735 mln

Nov 19 QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

QEP Resources to sell oil and gas assets to Aethon Energy for $735 mln

Nov 19 QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.

Oil producer QEP to unload Williston Basin assets, focus on Permian basin

Oil producer QEP Resources Inc said on Wednesday it would sell its Williston Basin assets in North Dakota and Montana to Vantage Energy Acquisition Corp for up to $1.73 billion, as it seeks to focus on the Permian basin in Texas and New Mexico.

UPDATE 1-Oil producer QEP to unload Williston Basin assets, focus on Permian basin

Nov 7 Oil producer QEP Resources Inc said on Wednesday it would sell its Williston Basin assets in North Dakota and Montana to Vantage Energy Acquisition Corp for up to $1.73 billion, as it seeks to focus on the Permian basin in Texas and New Mexico.

Oil producer QEP to sell Williston Basin assets for up to $1.73 bln

Nov 7 Oil producer QEP Resources Inc said on Wednesday it would sell its Williston Basin assets in North Dakota and Montana to Vantage Energy Acquisition Corp for up to $1.73 billion, as it seeks to focus on the Permian basin of Texas and New Mexico. (Reporting by Debroop Roy in Bengaluru Editing by Sai Sachin Ravikumar)

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