QEP Resources, Inc. (NYSE:QEP) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.02 per share.
For the full year, analysts predict revenues of $ 763.11 million, while looking forward to income of $ 0.18 per share.
Previous Quarter Performance
QEP Resources, Inc. unfold loss for the second quarter of $ 0.06 per share, from the revenue of $ 120.60 million. According to street consensus, QEP was expected to report 2Q20 loss of $ 0.04 per share from revenue of $ 193.34 million. The bottom line results missed street analysts by $ 0.02 or 50 percent, at the same time, top line results fell short of analysts by $ 72.74 million or 37.62 percent.
Stock Performance
Shares of QEP Resources, Inc. traded up $ 0.00 or 0.46 percent on Tuesday, reaching $ 0.93 with volume of 1.67 million shares. QEP Resources, Inc. has traded high as $ 0.96 and has cracked $ 0.91 on the downward trend
According to the previous trading day, closing price of $ 0.93, representing a 257.69 % increase from the 52 week low of $ 0.26 and a 80.63 % decrease over the 52 week high of $ 4.80.
The company has a market capital of $ 221.64 million and is part of the Energy sector and Oil & Gas Integrated industry.
QEP Resources, Inc. operates as a crude oil and natural gas exploration and production company in the United States. The company conducts exploration and production activities in the Permian Basin in Western Texas; and Williston Basin in North Dakota.
