QEP Resources (QEP) Tops Q3 EPS by 18c, Revenues Beat

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Go back to QEP Resources (QEP) Tops Q3 EPS by 18c, Revenues Beat

Tudor Pickering Upgrades QEP Resources (QEP) to Buy

November 7, 2018 8:09 AM EST

Tudor Pickering analyst Jeoffrey Lambujon upgraded QEP Resources (NYSE: QEP) from Hold to Buy.

For an analyst ratings summary and ratings history on QEP Resources click here. For more ratings news on QEP Resources click here.

Shares of QEP Resources closed at $10.00 yesterday.

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QEP Resources (QEP) Agrees to Sell Williston Basin Assets for Up to $1.725B to Vantage Energy Acquisition Corp. (VEAC) Subsidiary

November 7, 2018 6:17 AM EST

QEP Resources, Inc. (NYSE: QEP) 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. (NASDAQ : VEAC) (Vantage) for a purchase price of up to $1.725 billion, subject to purchase price adjustments. The purchase price is comprised of $1.65 billion in cash and contractual rights to receive up to $50 million and $25 million in... More