QEP Resources, Inc. operates as a crude oil and natural gas exploration and production company in the United States.
Undervalued with acceptable track record.
Share Price & News
How has QEP Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: QEP's share price has been volatile over the past 3 months.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: QEP underperformed the US Oil and Gas industry which returned -35.9% over the past year.
Return vs Market: QEP underperformed the US Market which returned 4.1% over the past year.
Price Volatility Vs. Market
How volatile is QEP Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 year ago | Simply Wall StDoes QEP Resources, Inc.'s (NYSE:QEP) CEO Salary Compare Well With Others?
1 year ago | Simply Wall StBefore You Buy QEP Resources, Inc. (NYSE:QEP), Consider Its Volatility
1 year ago | Simply Wall StShould You Worry About QEP Resources Inc's (NYSE:QEP) CEO Salary Level?
Is QEP Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: QEP ($0.79) is trading below our estimate of fair value ($1.86)
Significantly Below Fair Value: QEP is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: QEP is good value based on its PE Ratio (0.5x) compared to the Oil and Gas industry average (9.5x).
PE vs Market: QEP is good value based on its PE Ratio (0.5x) compared to the US market (15.1x).
Price to Earnings Growth Ratio
PEG Ratio: QEP's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: QEP is good value based on its PB Ratio (0.1x) compared to the US Oil and Gas industry average (0.6x).
How is QEP Resources forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: QEP's earnings are forecast to decline over the next 3 years (-75.9% per year).
Earnings vs Market: QEP's earnings are forecast to decline over the next 3 years (-75.9% per year).
High Growth Earnings: QEP's earnings are forecast to decline over the next 3 years.
Revenue vs Market: QEP's revenue is expected to decline over the next 3 years (-2.3% per year).
High Growth Revenue: QEP's revenue is forecast to decline over the next 3 years (-2.3% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: QEP is forecast to be unprofitable in 3 years.
How has QEP Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: QEP has high quality earnings.
Growing Profit Margin: QEP became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: QEP has become profitable over the past 5 years, growing earnings by 14.8% per year.
Accelerating Growth: QEP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: QEP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-22.9%).
Return on Equity
High ROE: QEP's Return on Equity (12.8%) is considered low.
How is QEP Resources's financial position?
Financial Position Analysis
Short Term Liabilities: QEP's short term assets ($697.0M) exceed its short term liabilities ($642.9M).
Long Term Liabilities: QEP's short term assets ($697.0M) do not cover its long term liabilities ($2.2B).
Debt to Equity History and Analysis
Debt Level: QEP's debt to equity ratio (63.4%) is considered high.
Reducing Debt: QEP's debt to equity ratio has increased from 55.2% to 63.4% over the past 5 years.
Debt Coverage: QEP's debt is well covered by operating cash flow (33.4%).
Interest Coverage: QEP's interest payments on its debt are well covered by EBIT (5x coverage).
What is QEP Resources's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: QEP's dividend (10.08%) is higher than the bottom 25% of dividend payers in the US market (1.75%).
High Dividend: QEP's dividend (10.08%) is in the top 25% of dividend payers in the US market (4.73%)
Stability and Growth of Payments
Stable Dividend: QEP's dividend payments have been volatile in the past 10 years.
Growing Dividend: QEP's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (3.7%), QEP's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: QEP is not forecast to pay a dividend in 3 years.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Cutt (59yo)
Mr. Timothy J. Cutt, also known as Tim, BS (Petroleum Engineering) has been the Chief Executive Officer, President and a Director at QEP Resources, Inc. since January 15, 2019. Mr. Cutt was the Chief Execu ...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD5.96M) is above average for companies of similar size in the US market ($USD1.42M).
Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.
|CEO, President & Director||1.33yrs||US$5.96m||0.47% $901.4k|
|Executive VP||8.33yrs||US$3.11m||0.23% $440.4k|
|Vice President of Energy||0.75yr||US$2.67m||0.17% $332.6k|
|CFO, VP & Treasurer||0.33yr||no data||0.16% $313.0k|
|VP, Controller & Chief Accounting Officer||6.17yrs||no data||0.086% $165.2k|
|Chief Information Officer & VP||9.33yrs||no data||no data|
|Director of Investor Relations||no data||no data||no data|
|Vice President of Marketing||no data||no data||no data|
|Vice President of Human Resources & Community Investments||2.17yrs||no data||no data|
Experienced Management: QEP's management team is considered experienced (2.2 years average tenure).
|CEO, President & Director||1.33yrs||US$5.96m||0.47% $901.4k|
|Independent Director||0.58yr||US$62.50k||0.050% $95.7k|
|Independent Director||9.92yrs||US$265.00k||0.012% $22.9k|
|Independent Director||0.58yr||US$62.50k||no data|
|Independent Director||7yrs||US$273.75k||0.0023% $4.4k|
|Independent Director||3yrs||US$265.00k||0.025% $47.6k|
|Independent Chair of the Board||no data||US$270.84k||no data|
Experienced Board: QEP's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: QEP insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
QEP Resources, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: QEP Resources, Inc.
- Ticker: QEP
- Exchange: NYSE
- Founded: 2010
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$192.148m
- Shares outstanding: 242.18m
- Website: https://www.qepres.com
Number of Employees
- QEP Resources, Inc.
- 1050 17th Street
- Suite 800
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|QEP||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jun 2010|
|Q8Q||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jun 2010|
QEP Resources, Inc. operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota. As of December 31, 2019, it had estimated proved reserves of approximately 382.3 million barrels of oil equivalent. The company sells oil, condensate, gas, and natural gas liquids to refiners, marketers, midstream service providers, wholesale marketers, industrial users, local distribution companies, and utility and other companies. QEP Resources, Inc. was incorporated in 2010 and is headquartered in Denver, Colorado.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 14:24|
|End of Day Share Price||2020/05/22 00:00|