Wells Fargo Downgrades QEP Midstream Partners (QEPM) to Market Perform (Earlier
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QEP MIDSTREAM PARTNERS LP (QEPM) Declares $0.30 Quarterly Dividend; 7.2% Yield
October 23, 2014 6:50 AM EDTQEP MIDSTREAM PARTNERS LP (NYSE: QEPM) declared a quarterly dividend of $0.30 per share, or $1.2 annualized.
The dividend will be payable on November 14, 2014, to stockholders of record on November 4, 2014, with an ex-dividend date of October 31, 2014.
The annual yield on the dividend is 7.2... More
QEP Resources (QEP) Sells Midstream Business to Tesoro Logistics LP (TLLP) for $2.5B
October 20, 2014 7:34 AM EDTOvernight, QEP Resources (NYSE: QEP) announced today that its wholly owned subsidiary, QEP Field Services Company, has entered into a definitive agreement to sell its midstream business, including the Company's ownership interest in QEP Midstream Partners, LP (NYSE: QEPM), to Tesoro Logistics LP (NYSE: TLLP) in an all cash transaction valued at $2.5 billion, including $230 million to refinance debt at QEPM. QEP will retain ownership of Field Services Haynesville Gathering... More
