QEP Resources, Inc.

QEP Resources, Inc.

QEP Resources, Inc.

Overview
Date Founded

1922

Headquarters

1050 17TH STREET, SUITE 500, DENVER, CO, 80265

Type of Company

Public

Employees (Worldwide)

248

Industries

Oil & Gas
Alternative Energy
Power & Utilities

Company Description

QEP Resources is a leading independent natural gas and oil exploration and production company. Our operations are focused in the Rocky Mountain and Midcontinent regions of the United States. We also gather, compress, treat, and process natural gas. With year-end 2011 proved reserves of 3.61 trillion cubic feet equivalent, our portfolio of low cost, high quality resource plays provides a solid foundation for sustainable growth. Current production of over 800 MMcfd of natural gas equivalent is comprised of approximately 82% natural gas. QEP Resources is headquartered in Denver, Colorado. On July 1, 2010, our common shares began trading on the New York Stock Exchange under the ticker symbol “QEP”

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Executives & Employees

President & Chief Executive Officer

Chief Financial Officer & Executive Vice President

Vice President, Chief Financial Officer & Treasurer

Executive Vice President, General Counsel & Corporate Secretary

Vice President, Controller & Chief Accounting Officer

Vice President-Land

Vice President-Marketing

Vice President, Drilling

Chief Geoscientist

Board of Directors

Member-Industry Council at University of Wyoming

President & Chief Executive Officer at Hecla Mining Co.

Director at QEP Energy Co.

President, Chief Executive Officer & Director at Enduring Resources II LLC

President & Chief Executive Officer at QEP Resources, Inc.

Founder at Jagged Peak Energy, Inc.

Managing Director at Arena Offshore LP

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Owners & Shareholders
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Wilks Brothers LLC provides investment management services. The firm is headquartered in Cisco, Texas.

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KGH uses extensive fundamental analysis of a broad universe of issuers within the identified sectors and sub-sectors. They may use investments in commodities futures contracts or other commodity-related derivatives for both hedging and speculative investing purposes. The firm seeks to generate consistent positive returns, in varying market conditions, by investing, on both a long and short basis, in equity securities of companies that operate predominantly in the natural resources and energy industries, as well as certain sub-sectors they believe to be tangentially related.

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For more than 25 years, ICON has taken a disciplined, objective, and non-emotional approach to the way we manage money. In 1986, » Dr. Craig Callahan founded ICON with the belief that emotions do not belong in investing. By taking the emotion out of investing, Dr. Callahan believes that ICON can properly determine the intrinsic value of each company in our investment universe. Today, ICON offers a wide range of investment solutions including » mutual funds (sector, international, diversified, and fixed income) and » tactical allocation portfolios. All of these investment solutions employ ICON’s disciplined investment methodology, created by Dr. Callahan to modernize Benjamin Graham’s original valuation model

Recent Transactions
Details Hidden

Quantum Energy Partners LLC, Middle Fork Energy Partners LLC purchase QEP Energy Co. /Uinta Basin Oil Assets from QEP Resources, Inc.

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QEP Energy Co., QEP Resources, Inc. purchase JM Cox Resources LP /Permian Basin Assets from JM Cox Resources LP

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Pinedale Energy Partners LLC purchases QEP Energy Co. /Wyoming Natural Gas Assets from QEP Resources, Inc.

Transaction Advisors
Underwriter

Advised onQEP Resources, Inc. issued USD Common Stock

Underwriter

Advised onQEP Resources, Inc. issued USD Common Stock

Underwriter

Advised onQEP Resources, Inc. issued USD Common Stock

Professional

Advised onQEP Resources, Inc. issued USD Common Stock

Legal Advisor

Advised onQEP Midstream Partners LP purchases Green River Processing LLC from QEP Resources, Inc.

Legal Advisor

Advised onAndeavor Logistics LP purchases Qep Field Services Co. from QEP Resources, Inc.

Clients

Occidental is an international energy company with operations in the United States, Middle East, Africa and Latin America. We are one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon dioxide management to advance a lower-carbon world.??

Valero Energy Corporation is a Fortune 500 company based in San Antonio, and through its subsidiaries is the world’s largest independent petroleum refiner and marketer. Valero supplies fuel and products that improve people’s lives with 16 refineries and 10 ethanol plants stretching from the U.S. West and Gulf coasts to Canada, United Kingdom and the Caribbean. Well-positioned pipelines and terminals allow Valero to deliver premium-quality clean fuels quickly, responsibly and efficiently. Our diversified product slate supports dozens of industries, from health care and plastics to transportation, beauty products and manufacturing.

Plains All American Pipeline, L.P. is a publicly traded master limited partnership (“MLP”) engaged in the transportation, storage, terminalling and marketing of crude oil, refined products and liquefied petroleum gas and other natural gas related petroleum products (together "NGL"). Through our general partner interest and majority equity ownership position in PAA Natural Gas Storage, L.P. (NYSE: PNG), we are also engaged in the development and operation of natural gas storage facilities. We own and operate a diversified portfolio of strategically located assets that play a vital role in the movement of U.S. and Canadian energy supplies. On average we handle over 3 million barrels per day of crude oil, refined products and NGL through our extensive network of assets located in key North American producing basins and transportation gateways. As an MLP, we make quarterly distributions of our available cash to our Unitholders. Since our initial public offering in 1998, we have increased our quarterly distribution by 150% to its current level (with February 2013 distribution) of $0.56250 per unit, or $2.25 per unit on an annualized basis. It is our goal to increase our distribution to Unitholders over time through a combination of internal and acquisition-oriented growth. Our common units are traded on the New York Stock Exchange under the symbol "PAA." We are headquartered in Houston, Texas

Key Stats and Financials As of 2019
Market Capitalization
$822M
Total Enterprise Value
$3B
Earnings Per Share
$-0.41
Revenue
$1.21B
Net Profit
$-97.3M
EBITDA
$742M
EBITDAMargin
61.52%
Enterprise Value / Sales
2.49x
Enterprise Value EBITDAOperating
3.96x
TEVNet Income
-30.83x
Debt TEV
0.7x
Total Debt
$2.1B
Total Equity
$2.66B
Three Year Compounded Annual Growth Rate Of Revenue
-4.32%
Non-Profit Donations & Grants
$1,000 - $4,999
2018
$500 - $999
2018
Political Donations
$5,000
2013
$1,000
2012
$2,500
2012
Suppliers
Unit Corp. Oil & Gas | Tulsa, OK

Unit Corp. engages in oil and gas exploration, production, contract drilling, and natural gas gathering and processing. It operates through the following segments: Oil and Natural Gas; Contract Drilling; Mid-Stream; and Other. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties. The Contract Drilling segment contracts to drill onshore oil and natural gas wells. The Mid-Stream segment buys, sells, gathers, processes, and treats natural gas. The company was founded by James Donald Bodard and King P. Kirchner in 1963 and is headquartered in Tulsa, OK.

Ryder Scott Co. LP Management Consulting | Houston, TX

Ryder Scott Co. LP is an American private company located in Houston, TX. The firm provides reservoir-evaluation consulting services.

Pioneer Energy Services Corp. Oil & Gas | San Antonio, TX

Pioneer Energy Services Corp. engages in the provision of land-based drilling services and production services to oil and gas exploration and production companies. It operates through Drilling and Production Services segments. The Drilling Services segment offers drilling rig, crews, supplies, and most of the ancillary equipment needed to operate drilling rigs. The Production Services segment offers well servicing,wireline and coiled tubing services to producers primarily in Texas and the Mid-Continent and Rocky Mountain regions, as well as in North Dakota, Louisiana and Mississippi. The company was founded in 1968 and is headquartered in San Antonio, TX.

Competitors
Chevron Corp. Oil & Gas - San Ramon, CA

Chevron is one of the world's leading integrated energy companies and conducts business worldwide. Our success is driven by our people and their commitment to get results the right way—by operating responsibly, executing with excellence, applying innovative technologies and capturing new opportunities for profitable growth. We are involved in virtually every facet of the energy industry. We explore for, produce and transport crude oil and natural gas; refine, market and distribute transportation fuels and lubricants; manufacture and sell petrochemical products; generate power and produce geothermal energy; provide energy efficiency solutions; and develop the energy resources of the future, including research for advanced biofuels.

Exxon Mobil Corporation Oil & Gas - Irving, Texas

Exxon Mobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York).

Concho Resources, Inc. Oil & Gas - Midland, TX

Concho Resources, Inc. engages in the acquisition, development and exploration of oil and natural gas properties. Its operations include Delaware Basin, and Midland Basin. The company was founded on February 22, 2006 and is headquartered in Midland, TX.

Awards & Honors
Rank #966
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
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