Santos buys QEP 13.92: Barclays restated an equal weight rating and issued a $13.00 target price (down previously from $16.00) on shares of QEP Resources in a research note on Tuesday, September 8th.

Imperial Capital reiterated a buy rating on shares of QEP Resources in a research note on Saturday, August 8th. Capital One Financial Corp. dropped their price target on shares of QEP Resources from $29.00 to $27.00 in a research report on Wednesday, August 19th. Stockholders of record on Tuesday, August 18th were paid a $0.02 dividend. The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. During the same period in the previous year, the business posted $0.38 EPS.


Rosina:
QEP Resources share prices have moved between a 52-week high of $32.79 and a 52-week low of $11.20 and are now trading 6% above that low price at $11.85 per share.

Candice:
That said, we view Encana as a name worth further due diligence and a particular focus to which it will be given.

Sheena:
We are actively watching this name as we are our doing with our entire E&P shopping list.

Almeta:
In May of 2014, Encana traded at just under $25/share - it trades today at $6.83/share.

Remona:
I believe this misunderstanding is greatly contributing the EV/EBITDA discount and can be bought and held for lucrative returns.

Lashaunda:
But even Encana's market-alleged structural stress isn't all that worrying to me considering where it's been and where it stands now.

Pamula:
Both are indicative of the overall flexibility of the model and open toolkit management is willing to work with.

Laverna:
It showed just weeks ago that it's willing to divest into 'less than high velocity' and 'less than perfect pricing' M&A environments.

Georgann:
Encana showed as recently as March that it has ready access to the equity markets and that it can effectively execute debt/equity swaps.

Ashley:
I continue to view Brent $39 as capitulation for oil pricing and I continue to believe that this final push down for oil pricing should be the sparking point for just that, capitulation.

Qep Resources (NYSE:QEP)
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