The Board of Directors of QEP Resources Inc. today announced that Chairman, President and CEO Charles “Chuck” Stanley has elected to retire from the Company, effective January 14, 2019. The board has named Timothy “Tim” Cutt as QEP’s President and Chief Executive Officer, effective January 15, 2019. Mr. Cutt will also [...]
QEP Resources Inc. announced today that its wholly owned subsidiaries, QEP Energy Company, QEP Marketing Company, and QEP Oil & Gas Company, have entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley for $735.0 [...]
QEP Resources Inc. today reported third quarter 2018 financial and operating results and provided an update on its strategic and financial initiatives announced in February 2018. THIRD QUARTER 2018 OPERATING HIGHLIGHTS Delivered record quarterly oil and condensate production of 6.6 million barrels , including a record 3.5 MMbbls in the Permian [...]
QEP Resources Inc. announced today that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating Company, LLC, a wholly-owned subsidiary of Vantage Energy Acquisition Corp. for a purchase price of up to $1.725 billion, subject to purchase price [...]
QEP Resources Inc. announced today that it will host a teleconference and webcast to discuss its third quarter 2018 results beginning at 9:00 a.m. EST on Thursday, November 8, 2018. QEP will issue a combined third quarter 2018 financial and operational results news release Wednesday, November 7, 2018, after market close. The conference call can be [...]
QEP Resources Inc. announced today that members of the Company’s senior management will participate in Enercom’s The Oil & Gas Conference on Monday, August 20, 2018, at 4:45 p.m. 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 [...]
DENVER, July 25, 2018 -- QEP Resources Inc. today reported second quarter 2018 financial and operating results and provided an update on its strategic and financial initiatives announced in February. Delivered record quarterly oil and condensate production of 6.6 MMbbls, including a record 3.2 MMbbls in the Permian Basin, a 32% and 49 [...]
DENVER, July 12, 2018 -- QEP Resources Inc. announced today that it will host a teleconference and webcast to discuss its second quarter 2018 results beginning at 9:00 a.m. EDT on Thursday, July 26, 2018. QEP will issue a combined second quarter 2018 financial and operational results news release Wednesday, July 25, 2018, after market close. The [...]
QEP Resources announced today that its wholly owned subsidiary, QEP Energy Company, has entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and related assets located in the Uinta Basin for proceeds of $155 million, subject to customary purchase price adjustments. The agreement provides for the [...]
DENVER, April 25, 2018 -- QEP Resources Inc. today reported first quarter 2018 financial and operating results. Delivered record net oil equivalent production in the Permian Basin of 30.9 Mboed, including record oil production of 24.0 Mbod Reported net gas equivalent production of 286.0 MMcfed in Haynesville/Cotton Valley, a 110% year-over-year [...]
DENVER, April 05, 2018 -- QEP Resources Inc. announced today that it will host a teleconference and webcast to discuss its first quarter 2018 results beginning at 9:00 a.m. EDT on Thursday, April 26, 2018. QEP will issue a combined first quarter 2018 financial and operational results news release Wednesday, April 25, 2018, after market close. The [...]
QEP Resources Inc. announced today that members of the Company’s senior management will participate in the upcoming Raymond James Institutional Investors Conference, at 3:25 p.m. 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 [...]