|Feb 20, 2019||QEP Reports Fourth Quarter and Full Year 2018 Financial and Operating Results and Provides Initial 2019 Guidance and Capital Investment Plan|
|DENVER, Feb. 20, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today reported fourth quarter and full year 2018 financial and operating results and provided initial 2019 guidance and capital investment plan.
FULL YEAR 2018 HIGHLIGHTS
Delivered record oil and condensate production of 23.9 MMbbls, including a record of 12.1 MMbbls in the Permian Basin
Reported year-end total proved reserves in the Permian Basin of 307.8 MMboe, a 13% increase over 2017
|Feb 20, 2019||QEP Resources Announces Review of Strategic Alternatives|
|Termination of Agreement to Sell Williston Basin Assets
DENVER, Feb. 20, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (QEP or the Company) today announced that its Board of Directors has commenced a comprehensive review of strategic alternatives to maximize shareholder value, which could result in a merger or sale of the Company or other transaction involving the Company or its assets. QEP intends to engage in discussions with a variety of parties that have expressed interest in a... |
|Feb 13, 2019||QEP Resources Announces Fourth Quarter and Full Year 2018 Financial and Operational Results Release Date and Conference Call|
|DENVER, Feb. 13, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) announced today that it will host a teleconference and webcast to discuss its fourth quarter and full year 2018 results beginning at 9:00 a.m. EST (7:00 a.m. MST) on Thursday, February 21, 2019. QEP will issue a combined fourth quarter and full year 2018 financial and operational results news release Wednesday, February 20, 2019, after market close.
The conference call can be heard live through a link on the QEP websi... |
|Jan 10, 2019||QEP Resources Announces Closing of Sale of Northwest Louisiana Natural Gas Assets|
|DENVER, Jan. 10, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) announced today that the sale of its natural gas and oil producing properties, undeveloped acreage and associated gas gathering and treating systems in the Haynesville/Cotton Valley has closed. As part of this transaction, Aethon III, an affiliate of Aethon Energy (the “Buyer”), assumed all firm gas transportation agreements related to these assets. In addition, QEP novated to the Buyer natural g... |
|Jan 07, 2019||QEP Resources Confirms Receipt of Proposal from Elliott|
|DENVER , Jan. 07, 2019 (GLOBE NEWSWIRE) -- QEP Resources, Inc.(NYSE: QEP) (“QEP” or the “Company”) today confirmed that it has received a preliminary proposal from Elliott Management Corp. ("Elliott") to acquire the Company for $8.75 per share in cash, subject to certain conditions including, among others, satisfactory completion of due diligence and negotiation of definitive documentation.
The Company’s Board of Directors intends to review Elliott’s proposal and will carefully consider the p... |