QEP Resources, Inc. Declares Quarterly Cash Dividend
DENVER--(BUSINESS WIRE)--Feb. 14, 2014--
QEP Resources, Inc. (NYSE: QEP), a leading independent natural gas and
crude oil exploration and production company, today announced that its
Board of Directors approved a quarterly cash dividend of $0.02 per share
of common stock, payable on March 7, 2014, to shareholders of record on
February 25, 2014.
About QEP Resources
QEP Resources, Inc. (NYSE: QEP) is a leading independent natural gas and
crude oil exploration and production company focused in two major
regions: the Northern Region (primarily the Rockies and the Williston
Basin) and the Southern Region (primarily Oklahoma, the Texas Panhandle,
and Louisiana) of the United States. QEP Resources also gathers,
compresses, treats, processes and stores natural gas. QEP Resources is
the majority owner of QEP Midstream Partners, LP (NYSE:QEPM) and owns
100% of the partnership’s general partner. For more information, visit
QEP Resources' website at: www.qepres.com.
Safe Harbor Statement
This release includes forward-looking statements within the meaning of
Section 27(a) of the Securities Act of 1933, as amended, and Section
21(e) of the Securities Exchange Act of 1934, as amended.
Forward-looking statements can be identified by words such as
“anticipates,” “believes,” “forecasts,” “plans,” “estimates,” “expects,”
“should,” “will” or other similar expressions. Such statements are based
on management’s current expectations, estimates and projections, which
are subject to a wide range of uncertainties and business risks. These
forward-looking statements include statements regarding the Company’s
payment of its quarterly dividend. Actual results may differ materially
from those included in the forward-looking statements due to a number of
factors, including global geopolitical and macroeconomic factors,
weather conditions, the U.S. federal budget and debt ceiling crisis,
acts of terrorism, and the other risks discussed in the Company’s
periodic filings with the Securities and Exchange Commission, including
the Risk Factors section of the Company’s Annual Report on Form 10-K for
the year ended December 31, 2012. QEP Resources undertakes no obligation
to publicly correct or update the forward-looking statements in this
news release, in other documents, or on the website to reflect future
events or circumstances. All such statements are expressly qualified by
this cautionary statement.
Source: QEP Resources, Inc.
QEP Resources, Inc.
Greg Bensen, 303-405-6665
Brent Rockwood, 303-672-6999