QEP Resources Announces Offering of Common Stock

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QEP Resources (QEP) Prices Upsized 33M Common Stock Offering at $10/Share

February 29, 2016 9:27 AM EST

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 4,950,000 additional shares of common stock. QEP expects to receive total gross proceeds (before underwriting discounts and estimated offering... More