DENVER, June 21, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that it has priced its previously announced underwritten public offering of 20,000,000 shares of its common stock. QEP has granted the underwriters a 30-day option to purchase up to 3,000,000 additional shares of [...]
DENVER, June 21, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that it has commenced an underwritten public offering of 20,000,000 shares of its common stock. QEP intends to grant the underwriters a 30-day option to purchase up to 3,000,000 additional shares of common stock [...]
Adds over 430 potential horizontal drilling locations across four target horizons Increases QEP Permian potential drilling locations by over 50% Leverages proximity of existing QEP Permian acreage for operational and technical efficiencies DENVER, June 21, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the [...]
Reduced capital expenditures by over 30% compared with fourth quarter 2015 Delivered record crude oil production of 56,900 barrels per day Completed four gross operated Spraberry Shale wells with an average peak 24-hour IP of 1,602 Boed Increased development inventory in the Williston Basin through infill and deeper bench drilling Maintained strong [...]
DENVER, March 30, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) today announced that it will host a teleconference and webcast to discuss its first quarter 2016 results beginning at 9:00 a.m. EDT (7:00 a.m. MDT) on Thursday, April 28, 2016. QEP will issue a combined first quarter financial and operational results news release Wednesday [...]
DENVER, March 08, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that it has completed the sale of 4,950,000 additional shares of common stock to the underwriters of its recent public offering of common stock in connection with the underwriters’ full exercise of their [...]
QEP Resources, Inc. announced today that members of the Company’s senior management will participate in the upcoming Raymond James Institutional Investor Conference on Tuesday, March 8, 2015 at 11:35 a.m. ET (9:35 a.m. MT). A link to the webcast will be available at www.qepres.com. Attendees should log in to the webcast approximately 15 [...]
DENVER, Feb. 29, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that it has priced an upsized underwritten public offering of 33,000,000 shares of its common stock at a price to the public of $10.00 per share. QEP has granted the underwriters a 30-day option to purchase up to [...]
DENVER, Feb. 29, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that it has commenced an underwritten public offering of 30,000,000 shares of its common stock. The net proceeds from this offering are expected to be used for general corporate purposes, which may include, among [...]
Full Year 2015 Highlights Reduced year-over-year capital expenditures by 41%, excluding acquisitions, while delivering record total production Increased year-over-year crude oil production by more than 14% Maintained strong liquidity, including $376 million of cash at year-end and undrawn revolving credit facility Achieved record estimated [...]
DENVER, Jan. 26, 2016 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) today announced that it will host a teleconference and webcast to discuss its fourth quarter and full year 2015 results beginning at 9:00 a.m. ET (7:00 a.m. MT) on Thursday, February 25, 2016. QEP will issue a combined fourth quarter and full year financial and operational [...]
DENVER, Dec. 03, 2015 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE:QEP) (“QEP” or the “Company”) announced today that members of the Company’s senior management will participate in the upcoming Wells Fargo Energy Symposium on Wednesday, December 9, 2015 at 8:00 a.m. ET (6:00 a.m. MT). A link to the webcast will be [...]