DENVER, April 22, 2014 /PRNewswire/ -- QEP Midstream Partners, LP (NYSE: QEPM) ("QEPM" or the "Partnership") today announced that the Board of Directors of the General Partner of the Partnership declared a cash distribution of $0.27 per unit for the first quarter of 2014. The quarterly distribution will be paid on May 15, 2014, to unitholders of [...]
QEP Resources, Inc. (NYSE: QEP) today announced that it will host a teleconference and webcast to discuss its first quarter 2014 results beginning at 9:00 a.m. EDT (7:00 a.m. MDT) on Thursday, May 8, 2014. QEP will issue a combined first quarter financial and operations press release Wednesday, May 7, 2014 after the market closes. The conference [...]
QEP Resources, Inc. (NYSE:QEP) ("QEP" or the "Company") today reported fourth quarter and full year 2013 financial and operating results. The Company reported a net loss during the fourth quarter 2013 of $52.0 million, or $0.29 per diluted share, compared to a net loss of $23.1 million, or $0.13 per diluted share, in the fourth quarter 2012. For [...]
QEP Resources Inc. (NYSE:QEP) (“QEP” or the “Company”) today announced that it has appointed William L. Thacker to its board of directors, effective immediately. In joining the board, Mr. Thacker will be able to assist with the Company’s previously announced separation of its midstream business, QEP Field Services Company (“QEP Field Services [...]
QEP Resources, Inc. (NYSE: QEP), a leading independent natural gas and crude oil exploration and production company, today announced that its Board of Directors approved a quarterly cash dividend of $0.02 per share of common stock, payable on March 7, 2014, to shareholders of record on February 25, 2014. About QEP Resources [...]
QEP Resources Inc. (NYSE: QEP, “QEP” or the “Company”), today announced year end 2013 proved reserves for its subsidiary QEP Energy Company (“QEP Energy”), 2013 production and an update to the value of the acquired South Antelope properties located in the Williston Basin of North Dakota. The Company’s estimated proved reserves, which were [...]
QEP Resources Inc. (NYSE: QEP, “QEP” or the “Company”), today announced that, after significant review including discussions with shareholders, its Board of Directors has approved a series of strategic initiatives designed to maximize the inherent value of the Company’s midstream business while focusing on its core upstream business. These [...]
QEP Resources, Inc. (NYSE: QEP) today announced that it will host a teleconference and webcast to discuss its fourth quarter and full year 2013 results beginning at 9:00 a.m. EST (7:00 a.m. MST) on Wednesday, February 26, 2014. QEP will issue a combined fourth quarter financial and operations press release Tuesday, February 25, 2014 after the [...]
QEP Resources Inc. (NYSE:QEP, “QEP” or the “Company”), today announced that its wholly owned subsidiary, QEP Energy Company, has entered into a definitive agreement to acquire oil and gas properties in the Permian Basin for an aggregate purchase price of approximately $950 million (the “Acquisition”). The properties, which are located in the [...]
QEP Resources, Inc. (NYSE: QEP, QEP or the Company) today announced that members of the Companys senior management will participate in the upcoming Wells Fargo 12th Annual Pipeline, MLP and Energy Symposium on Wednesday, December 11, 2013 at 10:20 a.m. EST (8:20 a.m. MST) and the Capital One Securities 8th Annual Energy Conference on [...]
QEP Resources, Inc. (QEP or the Company) (NYSE:QEP) today announced a decision to pursue a separation of its midstream business, QEP Field Services Company (QEP Field Services), including the Company's interest in QEP Midstream Partners, LP (QEPM) (NYSE:QEPM). The decision is a result of the Boards continuous review of strategic [...]
QEP Resources, Inc. (QEP or the Company) (NYSE:QEP) today issued the following statement regarding the filing of an updated Schedule 13D beneficial ownership report by JANA Partners, LLC (JANA) including a letter addressed to QEPs Board of Directors: QEPs Board of Directors and management team are working to develop strategies and take [...]