QEP Resources

With a proud legacy and an exciting future, QEP Resources is a leading independent crude oil and natural gas exploration and production company focused on some of the most prolific resource plays in the continental United States. Our portfolio of low-cost, high-quality resource plays provides a solid foundation for sustainable growth with 3,620 Bcfe of year-end 2015 proved reserves. In the first quarter of 2016, our total production of 83 Bcfe consisted of approximately 38% crude oil, a substantial increase from 12% in 2012 and 8% in 2011. Headquartered in Denver, Colorado, QEP is an S&P MidCap 400 Index member company and its common shares trade on the New York Stock Exchange under the ticker symbol QEP. Nearly a century of history, several acquisitions and a few name changes make up our rich oil and gas story! Our history starts with a well drilled in southwest Wyoming by Ohio Oil Company in 1922. As a result of this discovery, Mountain Fuel Supply Company was created to produce, transport and sell natural gas. Mountain Fuel Supply changed its name to Questar in 1984. Following years of successful growth in the exploration and production industry, we completed a spinoff from Questar in mid-2010 and became QEP Resources, Inc.
Type
Public
HQ
Denver, US
Founded
2010
Size (employees)
693 (est)
QEP Resources was founded in 2010 and is headquartered in Denver, US

QEP Resources Office Locations

QEP Resources has office in Denver
Denver, US

QEP Resources Metrics

QEP Resources Summary

Market capitalization

$3.37 B

Closing share price

$14.7
QEP Resources's current market capitalization is $3.37 B.

QEP Resources Financials

QEP Resources's revenue is $2.02 B in FY, 2015 which is 40.88% decrease from the previous period.
FY, 2015FY, 2014FY, 2013

Revenue

$2.02 B$3.41 B$2.94 B

Revenue growth, %

-40.9%16.3%

Operating income

$-378 M$-847 M$385 M

Operating expense total

$2.4 B$4.11 B$2.65 B

Net Income

$-149 M$784 M$171 M

Operating cash flow

$-784 M$1.13 B$11.9 M

QEP Resources Market Value History

QEP Resources Company Life