QEP Resources

QEP Resources is an independent crude oil and natural gas exploration and production company with operations in two regions of the U.S.: the Southern Region (primarily in Texas) and the Northern Region (primarily in North Dakota). The company has an inventory of developed and identified undeveloped drilling locations in the Permian Basin in western Texas and the Williston Basin in North Dakota. The company sells oil and condensate and natural gas liquids volumes to refiners, marketers, midstream service providers and other companies. In addition, the company sells gas volumes to wholesale marketers, industrial users, local distribution companies, midstream service providers and utility companies.
  • TickerQEP
  • ISINUS74733V1008
  • ExchangeNew York Stock Exchange
  • SectorOil & Gas Producers
  • CountryUnited States

QEP RESOURCES INCO. sees a downgrade to Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of QEP RESOURCES INCO. (US), active in the Exploration & Production industry. As regards its fundamental valuation, the title now shows 1 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Negative. As of the analysis date July 7, 2020, the closing price was USD 1.36 and its target price was estimated at USD 0.21.

QEP Resources, Inc.: Update to credit analysis following downgrade of senior notes

QEP senior notes were downgraded to reflect their structural subordination to the revolver which was given subsidiary guarantees under the amended credit agreement.

Moody's downgrades QEP's senior unsecured notes to B3 following credit agreement amendment; B2 CFR affirmed

Rating Action: Moody's downgrades QEP's senior unsecured notes to B3 following credit agreement amendment; B2 CFR affirmed. Global Credit Research- 08 Jun 2020. NOTE: On June 10, 2020, the press release was corrected as follows: In the Regulatory Disclosures section, the first paragraph was added.

Moody's downgrades QEP's senior unsecured notes to B3 following credit agreement amendment; B2 CFR affirmed

Rating Action: Moody's downgrades QEP's senior unsecured notes to B3 following credit agreement amendment; B2 CFR affirmed. Global Credit Research- 08 Jun 2020. New York, June 08, 2020-- Moody's Investors Service, downgraded QEP's Resources Inc.' s senior unsecured notes rating to B3 from B2.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Energy has been a standout over the last several days. Recall we did upgrade Energy to market weight last week. • Despite some weakness in some of the large cap Super-Regional banks, many mid-cap and small-cap banks were very strong on yesterday's tape. Many are breaking to new RS highs. • Aluminum has broken to new highs. Many steel names have also reversed near-term downtrends and precious metals are also perking up.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Restaurants and Retailers continue to demonstrate leadership in the Consumer Discretionary Sector. This is definitely a positive as it indicates the consumer remains vigilant. • Education related equities remain a leadership group. • Precious metals are developing major bases with many experiencing positive inflections.

Jonathan Moreland

InsiderInsights Daily Ratings Report: March 9, 2020

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior