QEP Resources (QEP) delivered earnings and revenue surprises of -266.67% and -2.21%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
QEP Resources (QEP) delivered earnings and revenue surprises of 950.00% and -16.82%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
QEP Resources (QEP) plans to suspend its quarterly dividend payment and expects to generate free cash flow of $75 million at an oil price of $35 a barrel.
QEP earnings call for the period ending March 31, 2020.
Hedge funds don't get the respect they used to get. Nowadays investors prefer passive funds over actively managed funds. One thing they don't realize is that 100% of the passive funds didn't see the coronavirus recession coming, but a lot of hedge funds did. Even we published an article near the end of February and […]
Moody's Investors Service (Moody's) downgraded QEP Resources, Inc.'s (QEP) Corporate Family Rating (CFR) to B2 from Ba3, Probability of Default Rating to B2-PD from Ba3-PD, and senior unsecured notes ratings to B2 from Ba3. The Speculative Grade Liquidity (SGL) rating was also downgraded to SGL-3 from SGL-2. "While QEP is well hedged for 2020, the sharp decline in global oil and natural gas prices and heightened refinancing risk on its near-term maturities offsets the benefits from its two-basin presence and good 2020 credit metrics," said Arvinder Saluja, Moody's Vice President.
DENVER, April 29, 2020 -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today reported first quarter 2020 financial and operating results and provided an update to its.
QEP Resources, Inc. (QEP) (QEP or the Company) today announced that it will hold its 2020 Annual Meeting of Shareholders (the Annual Meeting) in a virtual-only format, via live audio webcast, rather than in-person. The Company made the decision to change to a virtual-only format in light of the ongoing public-health crisis caused by the coronavirus (COVID-19) pandemic, recommendations of health officials regarding large in-person gatherings, and the importance of safeguarding the health of all QEP stakeholders. As described in the Company’s proxy materials previously distributed for the Annual Meeting, shareholders as of the close of business on March 19, 2020, the record date, are entitled to participate in and vote at the Annual Meeting.
Q1 2020 QEP Resources Inc Earnings Call
DENVER, April 15, 2020 -- QEP Resources, Inc. (NYSE: QEP) announced today that it will host a teleconference and webcast to discuss its first quarter 2020 results beginning at.
QEP Resources (QEP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
QEP Resources, Inc. (QEP) (QEP or the Company) today announced that Mary Shafer-Malicki has been named independent Chair of the Board of Directors. Ms. Shafer-Malicki succeeds David Trice, who is retiring after serving nine years on QEP’s Board, including the role of Board Chair since 2019.
Q4 2019 QEP Resources Inc Earnings Call
QEP Resources (QEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
QEP Resources' (QEP) total operating expenses in the first quarter decline significantly to $236.7 million from $283.2 million a year ago.
QEP Resources (QEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Whiting Petroleum and QEP Resources joined the growing list of Colorado oil and gas producers cutting capital spending to weather the economic storm hitting the industry. Whiting Petroleum Corp. (NYSE: WLL) plans to spend about $185 million less than what it previously budgeted. The pullback is expected to have a “moderate” impact on the company’s project oil and gas total production for the year, Whiting said.
For the first quarter of 2020, QEP Resources (QEP) expects total oil-equivalent production in the range of 7.6-7.9 million barrels of oil equivalent (MMBoe).
QEP Resources, Inc. (QEP) (QEP or the Company) announced that on April 10, 2020, it received written notice from the New York Stock Exchange (NYSE) that the average closing price of the Company's common stock over the prior 30-consecutive trading day period was below $1.00 per share, which is the minimum average share price for continued listing on the NYSE. QEP has notified the NYSE of its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements within the six-month cure period.
DENVER, March 13, 2020 -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today provided an operational and financial update in response to current market conditions..