QEP Resources Inc. today announced that the deadline for its current solicitations of consents from holders of its outstanding senior notes listed in the table below , currently set to expire at 5:00 p.m., New York City time, on December 9, 2019, has been extended until 5:00 p.m., New York City time, December 12, 2019 to allow more opportunity for [...]
QEP Resources Inc. today announced that the deadline for its current solicitations of consents from holders of its outstanding senior notes listed in the table below , currently set to expire at 5:00 p.m., New York City time, on December 3, 2019, has been extended until 5:00 p.m., New York City time, December 9, 2019 to allow more opportunity for [...]
QEP Resources Inc. today announced that it is soliciting consents from holders of its outstanding senior notes listed in the table below to proposed amendments to the indentures relating to such Notes. Title of Notes CUSIP Number Aggregate Principal Amount Outstanding Consent Payment per U.S. $1,000 Principal Amount of Notes 5.375% Senior Notes due [...]
QEP Resources Inc. today announced that it completed its previously announced redemption of its 6.8% Senior Notes due 2020 in the aggregate principal amount of $51.8 million. The 2020 Notes were redeemed at a redemption price equal to 101.287% of the principal amount thereof, plus accrued and unpaid interest up to, but not including, November 22 [...]
QEP Resources Inc. today reported third quarter 2019 financial and operating results. HIGHLIGHTS Increased full-year production guidance for crude oil, natural gas and NGL Lowered mid-point of capital expenditure guidance by approximately $15 million, down $65 million year-to-date Reduced G&A expense to 2020 target run-rate, down approximately 40 [...]
QEP Resources Inc. announced that it has appointed Joseph N. Jaggers and Barth E. Whitham to its board of directors, effective October 20, 2019. These appointments were made in accordance with QEP’s previously announced cooperation agreement with Elliott Management Corporation . The Company and Elliott mutually agreed on the selection of the [...]
QEP Resources Inc. today announced that it has issued a notice to holders of its outstanding 6.80% Senior Notes due 2020 of QEP’s intent to redeem all of the outstanding 2020 Notes on November 22, 2019. The redemption price for the 2020 Notes will be calculated pursuant to the formula set forth in the indenture governing the 2020 Notes [...]
QEP Resources Inc. announced today that its Board of Directors approved a quarterly cash dividend of $0.02 per share of common stock, payable on December 6, 2019, to shareholders of record on November 15, 2019. About QEP Resources QEP Resources Inc. is an independent crude oil and natural gas exploration and production company focused in two [...]
QEP Resources Inc. announced today that it will host a teleconference and webcast to discuss its third quarter 2019 results beginning at 9:00 a.m. ET on Thursday, October 24, 2019. QEP will issue a news release containing third quarter 2019 financial and operational results on Wednesday, October 23, 2019, after market close. The conference call can [...]
QEP Resources Inc. announced today that members of the Company’s senior management will participate in the upcoming Barclays CEO Energy-Power Conference, at 2:25 pm ET . A link to the webcast will be available at www.qepres.com. Attendees should log in to the webcast approximately 15 minutes prior to the presentation’s start time. About [...]
QEP Resources Inc. announced today that members of the Company’s senior management will participate in Enercom’s The Oil & Gas Conference, at 6:00 pm ET. A link to the webcast will be available at www.qepres.com. Attendees should log in to the webcast approximately 15 minutes prior to the presentation’s start time. About QEP [...]
QEP Resources Inc. today reported second quarter 2019 financial and operating results and announced the outcome of its strategic alternatives review process. HIGHLIGHTS QEP’s Board of Directors concluded formal strategic alternatives review process Go forward strategy focuses on free cash flow, reducing leverage and returning capital to [...]