Large Outflow of Money Witnessed in QEP Resources

QEP Resources (NYSE:QEP) managed to stay afloat and traded higher with an addition of 0.33 point or 1.8% at $18.64. The money flow data is a negative $(-5.5) million with $3.14 million in upticks and $8.64 million in downticks. The intraday up/down ratio came in at 0.36. The shares have seen -0.85% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $5.27, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-5.27) million.

QEP Resources, Inc. is up 42.53% in the last 3-month period. Year-to-Date the stock performance stands at 40.3%.

Currently the company Insiders own 1.36% of QEP Resources shares according to the proxy statements. Institutional Investors own 87.8% of QEP Resources shares. During last six month period, the net percent change held by insiders has seen a change of -1.95%. . On the companys insider trading activities,The officer (VP, GC, and Corp Secretary) of Qep Resources, Inc., Woosley Christopher K sold 1,717 shares at $10.24 on March 8, 2016. The Insider selling transaction had a total value worth of $17,582. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

QEP Resources (NYSE:QEP) rose 2.68% or 0.49 points on Friday and made its way into the gainers of the day. After trading began at $18.66 the stock was seen hitting $18.94 as a peak level and $18.46 as the lowest level. The stock ended up at $18.8. The daily volume was measured at 5,671,492 shares. The 52-week high of the share price is $20.96 and the 52-week low is $8.54. The company has a market cap of $4,075 million.

QEP Resources, Inc. (QEP) is a holding company with two subsidiaries, QEP Energy Company and QEP Marketing Company, which are engaged in two primary lines of business: oil and gas exploration and production (QEP Energy) and oil and gas marketing, operation of the Haynesville Gathering System and an underground gas storage facility (QEP Marketing and Other). The Companys operations are focused in two geographic regions: the Northern Region (primarily in Wyoming, North Dakota and Utah) and the Southern Region (primarily in Texas and Louisiana) of the United States. QEP Energy Company conducts exploration and production (E&P) activities in several of North Americas hydrocarbon resource plays. QEP Marketing Company provides wholesale marketing and sales of affiliate and third-party gas, oil and natural gas liquids (NGL).

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